Welltec has announced the agreement of a long-form contract (LFC) with Saudi Aramco, a move that is set to see Welltec deliver completion products and services across the Saudi Aramco portfolio in any environment
“Welltec began installing WAB metal expandable packers for Saudi Aramco in 2014 as part of a technology trial, and the award of a long-form contract demonstrates how far we’ve progressed since then,” said Kevin Wood, well completions sales director for Welltec Middle East.
Wood continued, “Confirmation of this award represents a major step in our partnership with Saudi Aramco which also enables us to continue along the path of exemplary service quality in the execution of completions.”
The approval procedure for this agreement has been extensive and thorough, and such a high standard of qualification brings with it the benefit of an expedited process for the establishment of future agreements between the two companies.
“The LFC is the highest level of contract in the Saudi Aramco procurement processes,” explained Hani Sagr, area vice-president for Welltec Middle East.
“The qualification process included a number of site visits, inspections and audits, with full and detailed reports covering the entire Welltec organisation with particular focus on our manufacturing process,” added Sagr.
The combination of this award and the continued expansion of in-house manufacturing at a local level serves as an excellent platform for the future and continued growth in neighboring countries.