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Completions specialist Vulcan has continued its growth into the Asia-Pacific market, having secured a brand new contract that may see it deploy gear to Brunei for the primary time.
The Aberdeen-based agency, which designs and builds completions instruments, is working with unique Brunei agent OVB. Via this partnership, the 2 lately secured a “vital” contract to produce floats and centraliser gear and equipment to Shell Brunei.
The five-year contract was awarded through a young course of and consists of the choice of two, one-year extensions.
The worth of the deal was not disclosed.
Supply is about to start this summer season, with OVB’s contract permitting it to solely provide Vulcan gear on the venture.
The award is the fruition of a relationship between OVB and Vulcan which stretches again to 2018 and can mark the primary time its merchandise have been deployed within the southeast Asian nation.
Commenting on the information, Vulcan Completion Merchandise (VCP) managing director Ian Kirk mentioned: “We’re very happy that our glorious relationship with OVB has yielded mutual success on this method, and we hope that this contract will act as an vital steppingstone in direction of future success within the area.”
Headquartered in Aberdeen, VCP employs a 12-strong crew with regional places of work in Dubai, Baku and Kuala Lumpur, in addition to gross sales companions in additional than 25 nations – together with OVB.
OVB managing director Zeeshan Liew Abdullah mentioned his group was “glad to have a partnership with good help from VCP who understands the market very properly on this area.”
“We will even be working intently with VCP to deliver new merchandise and know-how to BSP which might equally be a win-win scenario for all events throughout the entire period of our contract.”
Final 12 months the agency celebrated round £1.5m of recent offers involving initiatives throughout the Center East and Far East.
Talking on the time Mr Kirk mentioned: “Trying forward, we anticipate the Center East and North Sea markets will likely be central to the following part of our evolution.
“The combination of home and worldwide pursuits will bolster sustainability into 2022 and past.”
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