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Last updated on April 16, 2014 at 17:34 EDT

Latest Welltec Stories

2014-03-07 04:20:19

COPENHAGEN, Denmark, March 7, 2014 /PRNewswire/ -- Welltec Corporation, a Danish based, oil and gas services company, is pleased to announce the award of a three year, direct contract from Esso Exploration Angola (Block 15) Limited (Esso Angola), Operator of Angola Block 15, for the provision of conveyance and well intervention services including clean-out and mechanical manipulation. Welltec(R) technologies and services increase flexibility and reduce the mobilization...

2014-02-19 04:21:37

COPENHAGEN, Denmark, February 19, 2014 /PRNewswire/ -- Welltec Corporation, a Danish based, oil and gas services company, is pleased to announce the award of a direct, four year contract from Ecopetrol Colombia for the supply of Well Tractor(R) conveyance and Well Cutter(TM) services. The initial contract value is in excess of five million USD with options to increase as required. (Logo: http://photos.prnewswire.com/prnh/20140219/671153 ) "Ecopetrol (NOC)...

2014-01-08 04:20:43

COPENHAGEN, Denmark, January 8, 2014 /PRNewswire/ -- Welltec Corporation, a Danish based, oil and gas services company, is pleased to announce the award of a direct, two year contract from Shell Gabon for the supply of conveyance, well intervention and clean-out services. "Shell Gabon is focused on realizing incremental production from existing assets in Gabon. The value proposition offered by Welltec's services will enable Shell Gabon to realize their objectives of...

2013-12-05 04:20:26

ALLEROD, Denmark, December 5, 2013 /PRNewswire/ -- Total E&P UK Ltd awards Welltec a 3-year contract including possibility for a further two, 1-year extensions. The contract covers the scope of Tractor Conveyance, Tubing Cutting, Clean-out and Milling based, e-line intervention services. "Recognizing the innovative technologies and the associated value proposition which Welltec has to offer, Total E&P UK Ltd as part of their on-going development programs have...

2013-01-11 04:20:14

COPENHAGEN, Denmark, January 11, 2013 /PRNewswire/ -- Welltec Corporation, a Danish-based oil and gas services company, is pleased to announce that it has been awarded a direct contract from Total Angola (TEPA) for the supply of conveyance and intervention services. Total Angola has awarded Welltec(R) a landmark, three (+1 +1) year contract to provide its pioneering conveyance and intervention technologies and services. Welltec(R) technologies and services increase...

2012-10-11 15:21:06

COPENHAGEN, Denmark, October 11, 2012 /PRNewswire/ -- Welltec Corporation, a Danish based, oil and gas services company, is pleased to announce that they have been awarded the majority contract by Statoil for the supply of Well Tractor Services to the North Sea. "As a leading supplier in performance and technology development within these services, Welltec will continue to supply these services to Statoil for the next four years." says Thor Saelensminde, Leading Advisor...

2011-07-14 03:57:00

ALLERØD, Denmark, July 14, 2011 /PRNewswire/ -- Welltec (R) announced today that they have signed a major contract in Brazil with Petrobras; contract value will be in excess of $15MM for a duration of up to 4 years. Welltec has been selected as the primary service provider for electric line tractor conveyance as well as for a wide portfolio of mechanical intervention services including milling, cleaning, plug setting and sliding sleeve manipulation....

2009-07-30 09:00:00

FORT WORTH, Texas, July 30 /PRNewswire/ -- Welltec, Inc. announced today their continued focus on North American shale activity by opening an operating facility in the Marcellus Shale region. Welltec, an international oil and gas service provider, with eight different locations across the US, Canada and thirty-five worldwide, recognizes the growth opportunity in the Appalachian basin due to the areas increasing horizontal drilling activity. Welltec provides wire-line deployed conveyance...