Camcon Oil, a UK based solutions provider to the oil & gas industry, announced its second major Middle Eastern partnership agreement – this time with Special Oilfield Services Co (SOS) of Oman.
Under the terms of the initial three-year agreement, SOS will have the rights to sell, install and support Camcon products throughout the Sultanate of Oman.
The agreement will see Camcon provide its Digital Intelligent Artificial Lift (DIAL) oil recovery solution for gas injection activities called APOLLO, and follows a recent agreement with Dubai-based, AlMansoori Group, a major shareholder in SOS.
“With production increases in 2008 and 2009 halting a previous decline, there are few oil & gas producing countries of the world that have embraced innovative new production and enhanced oil recovery techniques in the way that Oman has” said Ian Anderson, Camcon’s chief operating officer.
“Through the gas injection control and flexibility of APOLLO and the knowledge and network of SOS, we look forward to helping Oman continue on the path of increased production and increased value from existing fields.”
SOS, established in March 1986, is a joint venture between Mohsin Haider Darwish LLC, one of the largest business houses in Oman, and Al Mansoori Specialised Engineering. SOS’s main field of activity is the provision of specialised services and supply of equipment to the oil and gas industry throughout the Middle East.
Commenting on the announcement, Joseph Steven, general manager at Special Oilfield Services said: “One of the key criteria for us when selecting our partners is innovation and whether their solutions bring something different to existing oil & gas operations. We are confident that Camcon and APOLLO does just this. At a time when bolstering recovery rates is such a prevalent issue in Oman, we look forward to bringing this industry leading solution to market.”
With oil and gas demand continuing to grow and whilst Oman faces ever more complex and maturing fields, there has been an increased focus on enhanced oil recovery techniques – particularly following a comprehensive 2002 review by Petroleum Development Oman (PDO) which laid out ambitious production recovery plans, and the establishment of the Enhanced Oil Recovery Directorate in 2004.
According to an April SBI report on enhanced oil recovery worldwide, between 2001 and 2007, Oman’s oil production fell by 27%, but by 2009, due mostly to EOR projects, oil production increased by 17%.
