Welltec bags well intervention deal with Petronas

Danish offshore energy technology firm Welltec has won an exclusive three-year contract from Malaysian energy major Petronas.

Under the agreement, Welltec will become the sole provider of downhole conveyance and powered mechanical services in both East and West regions of Malaysia.

“It’s a great team effort that has led to the award of this exclusive long-term contract with Petronas, and Welltec has demonstrated a strong ability to deliver – even through a challenging 2020 – high quality services in a safe manner to the largest assets in the country at a very cost-effective rate,” said Espen Dalland, area VP for the Asia-Pacific region.

The services are based on daily or monthly rental and will be selected by the various Petronas assets for any upcoming project during the coming three-year period.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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