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Wellpro Group announces growth in Asia

Wellpro Group announces growth in Asia

 

Global well intervention company Wellpro Group has announced significant growth in Asia with plans for further expansion in the region.

The Aberdeen-headquartered thru tubing and well intervention provider, which established offices and a workshop in Malaysia towards the end of 2019, has enjoyed significant growth and has aggressive expansion plans for 2020 and beyond.

Wellpro Group in Asia is led by Regional Manager Martin Webster, it expects its workforce there to grow in the next 12 months as demand for its tools and services increases.

The company secured well intervention operations from major service providers in Asia from October to December, and has a number of others planned for the year ahead.

Wellpro Group CEO Jim Thomson said: “We have seen sustained growth for our business in Asia as part of our commitment to increase our global footprint, and we are strengthening our presence in this market.

“Asia represents an attractive growth opportunity for us because of the increased demand in the region for well intervention, thru tubing and coiled tubing operations following the recent oil downturn. We have already demonstrated our commitment to Malaysia by establishing an operational office in Kuala Lumpur and workshop in Labuan for storing and servicing our suite of tools. However, we are committed and working towards further expansion in the region.

“Our thru tubing, fishing, milling and manipulation tools have been positively received by major service providers and operators. They appreciate the quality of service, rapid response, attention to detail and dedicated support that we provide to all our clients and we are confident of securing more work throughout the year.”

Wellpro Group has grown significantly since being formed in February 2018, establishing itself as a leading thru tubing provider in the Eastern Hemisphere, employing new members of staff in the Middle East and Asia, to bring the total headcount to around 30 across the world with expectations of continued growth over the coming 12 months .

Published: 16-01-2020

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