News listings

energy-pedia general news

Fishbones signs multi-year contracts with Middle East operators


10 Jul 2024

Photo - see caption

Fishbones, the leading provider of alternative reservoir stimulation technology, has signed contracts for deliveries of Fishbones stimulation technologies with two major national Middle East operators. Contract values are estimated to exceed a total of USD 15 million.

Photo - see caption
Fishbones technology delivers pinpointed stimulation

The contracts are precedented by a series of successful Fishbones stimulation projects across the Middle East in recent years. Case studies show immediate effects and lasting benefits of Fishbones deployments, in some cases increasing production manyfold. The agreements were signed during H1/2024. 

Deliveries of Fishbones technologies under these contracts have already started, with a number of installations planned for key locations in the region. Both Fishbones Jetting and Fishbones Drilling technology will be utilized in offshore and onshore wells. 

Wissam Chehabi, Fishbones’ Managing Director for the Middle East, said: 'We are very satisfied with finalizing these agreements with major operators in the region, giving us many opportunities to put our groundbreaking technology to use. We look forward to being part of our clients’ field development projects and to improve the productivity and efficiency of their wells.'

Fishbones established a Middle East sales and support office in Abu Dhabi 20 months ago. The company also plans to grow their presence in the region with local manufacturing facilities serving Middle East installations.  

'Fishbones has extensive experience in targeting low permeability or naturally fractured reservoirs often found in the Middle East. We are excited to take on new challenges and deliver the pinpointed stimulation that only Fishbones technology can provide,' said Wissam Chehabi.

Original announcement link

Source: Fishbones





Bookmark and Share


A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current Deals

Current Upstream Deals: 227

Completed Deals

Completed Upstream Deals: 6595

Company Profiles

Current Company Profiles: 2918

Corporate Activity

Current Corporate Activity articles: 4163

Companies Looking

Current number of articles: 466

Company Sales

Current Company Sales articles:1666

Geostudies

Current Geostudies articles: 985

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

Syntillica
Merlin
Government of South Australia
energy365
OPC
Rose & Assocs
Telos NRG
Borchwix
Union Jack Oil 149
Bayphase
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com