Aberdeenshire-based ThinJack has entered into a deal with a Middle East oil and gas company for the removal of multiple well Christmas trees on surface platforms in the Gulf of Suez, Egypt.
The deal could be ThinJack’s largest ever agreement in the region, the company said.
It follows the successful completion of emergency work to assist with the restoration of water injection, using innovative technical services, and a comprehensive tendering and contracting process.
Yadco Petroleum Services will play a key role in the delivery of the new contract.
ThinJack has also received help from Scottish Development International (SDI) to open up new opportunities in the Egyptian market. This has included participating in SDI-led trade missions to Egypt which introduce a range of Scottish companies and organizations to Egyptian companies, especially in the upstream energy sector. SDI is a partnership between the Scottish government, Scottish Enterprise and Highlands and Islands Enterprise which aims to attract inward investment to Scotland and assists Scottish based companies to trade overseas.
Commenting on the agreement ThinJack’s managing director Guy Bromby said: “We are privileged and delighted to have been selected to deliver efficient, technology-based services to help increase Egypt’s oil production and support their well integrity program.
“Yadco Petroleum Services have delivered world-class support during the tendering and procurement process and we look forward to the well operations which will create new jobs and revenue in both Egypt and Scotland. Indeed, several five-figure sub contracts for equipment and services have already been placed with our supply companies in both countries, leading to the creation of two new full time jobs.
“This contract demonstrates the strength of niche technology service companies such as ours working proactively with their local partners and oil and gas operators to achieve significant cost savings when compared with traditional methods.”
Image of a production platform in the Gulf of Suez, from ThinJack.