Odfjell
Technology, an integrated supplier of well services technology and engineering
solutions, has entered into a cooperation agreement with Australia-based energy
industry equipment and services provider, R&D Solutions, expanding the
company’s presence in Asia Pacific.
The agreement
supports Odfjell Technology’s growth plans within the country, unlocking local
representation and service delivery capabilities for the company.
This means
Odfjell Technology’s industry-leading well intervention services, wellbore
clean up and whipstock tools are now available to service the Australian well
services and deepwater markets, with plans for future growth in the regional
plug and abandonment (P&A) sector.
This agreement
comes after Odfjell Technology strengthened its P&A and slot recovery
offering in 2024, with the acquisition of McGarian TDC Ltd.
Paul Toner, vice president – Middle East and Asia Pacific at Odfjell Technology, said: “Expanding our
reputation and relationships into Australia is a critical part of our global
growth strategy.
"With strong localised operations already in place across South
East Asia, we are confident our new cooperation agreement with R&D
Solutions will enable the same excellent level of customer service and delivery
for the Australian energy market."
R&D
Solutions is a privately owned company with a track record of 15 years
providing drilling, completion, flow control, intervention tools and services
to the oil and gas and geothermal markets.
Headquartered in Perth, Western
Australia, the company services customers and service partners across
Australia, Asia, Canada, Europe and the USA.
Doug
Gillespie, director and managing partner at R&D Solutions, said: “R&D
Solutions prides itself on the technology and service capabilities it has
delivered to market over the years.
"My business partner Russell Furner and I
feel Odfjell Technology complements the spirit of our motto ‘Tomorrow’s
Technology Today’, bringing the next level of excellence in quality service and
technology to Australia.”
For more information on Odfjell Technology’s well services, visit https://www.odfjelltechnology.com/what-we-do/well-services/