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O&GME Top 30 Oilfield Services Companies 2017: 26-30

Welcome to the Top 30 Oilfield Services Companies 2017, the inaugural edition of this annual list.

26. Wavefront

avefront Technology Solutions Inc., the American provider of fluid injection technology for well stimulation and Improved/Enhanced Oil Recovery, has claimed a boost in its reputation in Kuwait by virtue of the customer satisfaction its flagship Powerwave brand has earned in the Gulf state. Through its strategic marketing partner, Gulf Drilling and Maintenance Company (GDMC), Wavefront continues to build the Powerwave brand in Kuwait. The success of Powerwave can be gauged from the fact that a regional customer informed Wavefront that the use of Powerwave during an acid well stimulation resulted in overall cost savings of 30% related to various operational aspects. Wavefront is now looking to replicate the success of Powerwave in oilfields in KSA, Oman and Bahrain.

27. CGG

It is in Oman where French geosciences company CGG has witnessed the latest in its recent spate of successes in the region. CGG has won an extension, until the end of 2021, of its contract with Petroleum Development Oman (PDO) for the provision of subsurface imaging technology and services at its dedicated processing center (DPC) in Muscat. Within the terms of the extension, the DPC’s capacity, resources and responsibilities will be expanded to respond to the specific requirements of PDO’s data acquisition strategy. Earlier in February, CGG completed the acquisition and processing of the first-ever airborne gravity gradiometry (AGG) survey in Bahrain. Conducted on behalf of Bapco, this was the first commercial survey to be performed using CGG’s signature Falcon Plus AGG system.

28. Wood Group

The planned acquisition of its fellow British rival Amec Foster Wheeler has highly elevated Aberdeen-based Wood Group’s stature in the global oilfield services market. The merger, when complete, is expected to reward Wood Group with an increased portfolio, larger client base and a broad region in which it can expand its business. So far, the company’s operation in Saudi Arabia has stood out in its regional business. In January this year, Wood Group secured a five-year, multi-million dollar framework agreement to continue to provide engineering and project management services to Saudi Aramco’s onshore capital programmes. The contract also includes three, one year extension options and is being delivered locally by Wood Group’s base in Al Khobar.

29. TWMA

UK-based TWMA has been able to position itself in the regional upstream market as one of the rare players in the environmental and drilling waste management services domain. The firm has been able to cast the spotlight on its flagship TCC RotoMill product which helps drill cuttings travel through the system, before separating those into the three constituent parts of oil, water and solids for recycling and reuse. In January, TWMA in partnership with ESNAAD-PJS celebrated reaching one million incident-free man hours on the ZADCO UZ750 project in Abu Dhabi, operated by ADNOC. The project’s work scope involved a whole host of TWMA’s products, including treatment of NAF drill cuttings with the industry-recognised TCC RotoMill technology.

30. Huawei

Chinese digital systems provider Huawei is leading a campaign to impress upon the regional oil and gas industry the importance of digital asset management, and is assisting its customers to operate in a compact digitised environment. According to a senior executive managing Huawei’s enterprise business in the Middle East, the company is working with energy majors like ADNOC, Aramco and the Kuwait Oil Company to implement a digital infrastructure in their operations. Less than a year back, Huawei installed a data centre for ADMA-OPCO that is chiefly tasked with processing the extraordinary volume of data generated and received from the exploration and production facets of the latter’s operations.

Staff Writer

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