Qinterra wins offshore services contract with Petronas Carigali

Qinterra Technologies has received a contract worth up to $20 million to support Petronas Carigali Sdn Bhd operations. The three-year deal will see the company provide tractor services for all of Petronas Carigali Snd Bhd’s offshore Malaysia assets.

Aug 22nd, 2014

Offshore staff

HOUSTONQinterra Technologies has received a contract worth up to $20 million to support Petronas Carigali Sdn Bhd operations. The three-year deal will see the company provide tractor services for all of Petronas Carigali Snd Bhd’s offshore Malaysia assets.

The scope for work, which covers more than 50 wells, will see the introduction of next-generation tractor applications including debris collector and rotational equipment.

The company was formed following the acquisition ofAker Solutions Well Intervention Services in January by Swedish private equity fund EQT IV. It was rebranded to Qinterra AS, comprising the North Sea well intervention services business ALTUS Intervention and the international well intervention technology business Qinterra Technologies.

08/22/2014

More in Business Briefs