Premiere signs agency agreement with AlMansoori

Drillling rig reduced AdobeStock 269049968Premiere Inc., a Houston-based oilfield service company specialising in safe and efficient delivery of casing and tubing services, has signed an exclusive agency agreement with Abu Dhabi-based oilfield services provider AlMansoori

The agreement covers the MENA region for the sales of Premiere Torque Rings (PTR) and Tubing Running Services equipment. The proprietary PTR is an innovative, patented technology enabling semi-premium connection performance at a significantly reduced cost. The addition of PTR creates a positive shouldered makeup identical to a semi-premium connection, allowing the API-certified pipe to be run, rotated, and reciprocated at a significantly greater torque value without the thread damages risk.

"We are proud to announce this major growth milestone for a small Houston-based company. AlMansoori has a large footprint and a proven track record of success," said Reddy Godula, Premiere Inc. CEO. "Our expansion in the region will allow us not only to grow our client base, but also to contribute to the US economy by boosting exports of the US-manufactured equipment, rather than importing components into the USA."

"The race to close the gap between supply and demand has left operators in the Middle East and North Africa (MENA region) scrambling to secure enough materials and services to be able to deliver on their ambitious production growth targets," commented Ibrahim Al-Alawi, deputy CEO of AlMansoori. "To help them drill more wells quicker without being impacted by resource constraints, we partner with innovative companies from across the globe to introduce productivity-enhancing technology that will ultimately save our clients time and money."

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T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

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