ABERDEEN, Scotland (14 September 2015)—Tendeka, a provider of completions systems and services to the upstream oil and gas industry, announced two significant contracts for its zonal isolation and inflow control technology in the Middle East. The company has been re-awarded the contract to supply Petroleum Development Oman (PDO) with swellable solutions for all fields in Oman. The $5 million contract will span five years, with an optional two-year extension. Tendeka has been present in Oman since 2002 and has deployed over 4,000 of its Swellfix packers for PDO since that time. In a separate award, and following work on previous contracts including fiber optic monitoring and both swellable and mechanical zonal isolation solutions, Tendeka will provide a major operator with inflow control device (ICD) completions and swellable packers in a deal worth up to $5 million. The four-year contract will mark the first ICD installations for the major operator and will commence with the installation of three trial wells.
Mon, 09/14/2015 - 00:00