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Camcon Signs an Agreement with Al Mansoori Group

Source: www.gulfoilandgas.com 11/1/2010, Location: Middle East

Camcon Oil, a provider of innovative solutions to the oil & gas industry, announced that it has signed a distribution agreement with the Al Mansoori Specialized Engineering, one of the Middle East’s leading oilfield services companies.

The three-year agreement will give Al Mansoori ‘Group Distribution Partner’ status and the rights to sell, install and support Camcon Oil products throughout the Middle East. The countries covered by the agreement are the United Arab Emirates (UAE), Qatar, Saudi Arabia, Egypt, Libya, Kuwait, Iran, Iraq, and Bahrain & Yemen.

Al Mansoori will focus its initial activities on Camcon’s new Digital Intelligent Artificial Lift (DIAL) solution, APOLLO that provides operators with unprecedented control and precision over gas injection with a minimizing of gas usage and a maximizing of oil extraction.

“This is a significant milestone for Camcon Oil as we move from product qualification to market acceptance,” said Ian Anderson, Camcon’s Chief Operating Officer.

“At a time when there is an increased focus throughout the Middle East on bolstering recovery rates, we believe that APOLLO is a truly industry-changing product, bringing digital, real-time control to the production process and saving millions in unnecessary shut-downs and well interventions.”

He concludes: “With such an outstanding product, it was vital to us that we partnered with the best in the region and in the Al Mansoori Group, we have done just that. We look forward to a long and mutually beneficial relationship.”

His words were backed up by Foroohar Farzadnia, Corporate Marketing and Business Development Director at Al Mansoori:

“Al Mansoori prides itself on embracing the latest innovations as a means of addressing the needs of our customer base throughout the upstream Middle East oil & gas sector.”

“We are subsequently delighted to be partnering with Camcon Oil and forming a key element of their distribution strategy. APOLLO is addressing some of the most pertinent issues in the Middle Eastern oil & gas sector today and we look forward to taking the messages of ‘real-time gas injection control’ and ‘deployment without intervention’ to operators.”

With oil & gas demand continuing to grow and exploration taking place in ever more remote areas, one of the biggest challenges for the oil & gas industry is increasing recovery rates from existing fields. While artificial gas lift has been viewed as a key means of achieving this, operators still have remarkably little information on pressure and temperatures at the point of gas injection, as well as no control or flexibility in being able to alter injection rates without intervention and the shutting down of production. The result is the constant danger of well instability and high intervention costs.

APOLLO is based on Camcon’s Binary Actuation Technology (BAT) and will enable operators to vary injection rates in real-time without production interruption and well intervention, and generate pressure and temperature information throughout the gas injection process – all features that current artificial gas lift solutions cannot provide. Trials of the new solution are currently taking place with an oil operator who is providing support and access to its rig and multiphase test facilities, with live well deployment scheduled in the near future.

Camcon Oil’s APOLLO provides accurate gas injection control and flexibility from a single asset through a series of digitally operated valves, enabling the real-time setting of injection rates. Camcon’s patented actuators use extremely low power to switch and are multiplexed, keeping cabling requirements to the surface to a minimum and all control signals at low voltage.

APOLLO enables operators to access information, such as pressure and temperature measurements within the annulus and the working pipes at the point of gas injection. APOLLO is also highly robust, tested to significant operational pressures and is pressure independent.

Al Mansoori Specialized Engineering is the leading regional provider of Oilfield Services in the Middle East. Established in the United Arab Emirates in 1977, the company now has over 1300 employees working in 19 countries providing a variety of oilfield services and producing specialized products for the oil & gas industry including trading with and representing foreign companies in the local region.

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