Viking Completion Technology awarded multi-million-dollar contract for completion equipment
(WO) — Viking Completion Technology (Viking) announced on Monday multiple contract wins valued at more than $7 million to deliver its full portfolio of well completion manufacture and design services to major MENA operators, further cementing its strong regional presence.
“These contract wins are a testament to our highly regarded preparation and installation services and our robust in-house testing and validation capabilities,” Willie Morrison, Viking Completion Technology managing director, said. "With trial wells for new technology underway in the UAE and Saudi Arabia, the potential for securing additional contracts in the near future is high, and the outlook for Viking is very positive."
These latest contract wins encompass Viking’s complete product portfolio of completion packers, sliding side doors, landing nipples and associated completion accessories, as well as its highly regarded completion design and installation services. With scope for expansion, the contract wins comprise local operations in the UAE as well as the export of equipment and provision of services in Iraq and Oman.
"This is an exciting period of growth for Viking. We have been extensively supplying equipment to companies globally since 2008, including long contracts and master service agreements. These latest contract wins are indicative of continued development and future success for Viking," Paul Higginson, Viking’s sales and operations director, said.
Today’s announcement comes after a successful year for the Dubai-based company, which recently celebrated the delivery of 70 global projects, including the design, engineering, and qualification testing of its core, United Arab Emirates-made, API 11D1 Packers, API 19AC equipment and API 14A Safety Valves.