Long form contract secured with Saudi Aramco
We are pleased to announce that Wellcem has been awarded a Long form contract
We are pleased to announce that Wellcem, through i-Energy, Wellcem's agent in Saudi Arabia, has been awarded a long form contract by Saudi Aramco. The contract is for provision of technology and field engineering services for plugging, lost circulation, leak stop, well integrity and sand consolidation in oil and gas wells by use of Wellcem's patented product Thermaset®
Wellcem supplies through another purchase contract, Thermaset® and associated material utilised in these types of operations. The long form contract has a duration of 3 years + 1 year optional extension.