Aug 10, 2020
Sawafi Aljazeera Oilfield Products and Services Co. Ltd and Enteq Upstream plc have completed a partnership agreement that will enable Sawafi to supply Measurement While Drilling (MWD) Services.
Sawafi Aljazeera Oilfield Products and Services Co. Ltd, delivers highly differentiated technology products and services to the upstream oil and gas industry in Saudi Arabia.
Enteq Upstream, a publicly listed (AiM) company on the London Stock Exchange, develops and supplies measurement, logging and geosteering equipment to oil, gas and geothermal markets. Enteq has an established track-record for providing high quality and reliability in challenging downhole conditions and is operated and supported around the world.
“The Sawafi partnership in Saudi Arabia adds significant strategic value to Enteq,” says Martin Perry, CEO, Enteq Upstream plc. “Enteq equipment has been proven to be both reliable and robust in the toughest oilfield environments around the world. We look forward to a long-term, strategic and mutually beneficial relationship with our partners at Sawafi.”
Enteq’s MWD and geosteering technologies will complement Sawafi’s Drilling Enhancement product line, enabling expansion that is consistent with the Saudi Vision drive to increase localization.
“Sawafi is constantly seeking the latest and best technologies that allow us to provide our clients with the most effective, efficient means to achieve their business objectives,” says Eng. Marwan Younis, Managing Director, Sawafi. “We are excited about partnering with Enteq as another means of providing our customers with the best service possible.”
Sawafi Aljazeera Oilfield Products and Services Co. Ltd
Sawafi was established in 2013 as a wholly owned subsidiary of Khalid Ali Alturki & Sons Holding Company (Alturki Holding). Sawafi delivers highly differentiated technology products and associated services to the upstream oil and gas industry in Saudi Arabia. Prior to the formation of Sawafi, these activities were provided under the Oil & Gas Division of the Industrial Materials and Services Company (INMA), which was established by Alturki Holding in 1981.
For more information, contact Faisal Alhawas, Commercial Director, on Faisal.Alhawas@Sawafi.com