Thursday 31 July 2008

Scomi Oiltools unveils plant in Scotland

SCOMI Oiltools (Europe) Ltd has unveiled its new quayside plant in Scotland yesterday.

Located in Aberdeen Harbours Pocra Quay, Scotland, the new facility is part of a £10 million investment in its north-east business, the company said in a statement yesterday.

Scomi Oiltools, a subsidiary of Scomi Group, is one of the world's leading providers of innovative, high performance drilling fluids solutions and state-of-the-art drilling waste management services.

The company said the 10,000 barrels capacity storage facility marked the launch of the company’s fluids division in the United Kingdom and underlined its commitment to the North Sea energy sector.
The facility would provide a seamless, integrated package of well fluids and drilling waste management.

Scomi Group’s oilfield services division president Chris Pianca said:

“With the dynamic market conditions in the recent years, we have been growing internationally at a phenomenal rate.”

He said the new project was a significant development for the group as drilling fluids and the international markets offered a huge growth opportunities.

Since 2005, Scomi’s drilling fluids markets have expanded from three countries to 15 countries.

Source : Bernama