Completions systems specialist Tendeka has signed a two-year agreement for the exclusive supply of its autonomous inflow control devices (AICDs) in China.
The strategic partnership with Eternal Asia Supply Chain Management, China’s first listed supply chain service enterprise, is a significant development in Tendeka’s growth within the country.
Eternal Asia has a sound knowledge of the Chinese market, and the company’s global footprint will provide Aberdeen-based Tendeka with potential opportunities in the country’s oil and gas sector.
Tendeka’s Flosure AICDs reduce unwanted gas or water production, enabling increased oil recovery rates and a better sweep of the reservoir.
Chief financial officer Alan Pearson, said: “The combination of Tendeka’s technology and product knowledge with Eternal Asia’s local expertise and innovative supply chain systems will provide clients with an AICD system that will significantly increase the yield from Chinese oil fields.”
Eternal Asia’s director Xu Sun, said: “We have been very impressed with the benefits that Tendeka’s FloSure AICDs can bring in maximising oil production, and we can envisage many developments in China where their deployment will be appropriate.”
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