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Friday, May 29, 2020

Middle East expansion for Wellpro Group with acquisition

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Aberdeen-headquartered Wellpro Group has acquired the Dubai-based thru-tubing service and rental business of Hunting Energy Services for an undisclosed amount, with the existing team of 13 employees – including onshore support and field personnel – transferring to Wellpro Group.

The business expects to create several jobs in the Middle East region and has committed to making further investment to the existing premises, located in Dubai’s Jebel Ali Free Zone, over the coming months.

Wellpro Group, which is primarily focused on well intervention and thru-tubing tools, was established in 2018 to meet the demand for innovative solutions within the UK and European well intervention markets as well as other major operating locations globally.

Jim Thomson, chief executive officer of Wellpro Group, said: “We are delighted to join forces with the Dubai team as this offers a new platform to jointly expand our business. Our diligence has identified how much our new colleagues are qualified and well-known in the industry.

“We are very confident that together we will achieve our ambitious international expansion objectives.”

Martin Webster, manager of the Dubai operation, added: “Joining Wellpro Group is a great opportunity for both our team and our customers alike. We expect Wellpro’s focus on thru-tubing services to assist us in bringing value to our clients as well as to attract new ones.”

Wellpro Group is headquartered on Aberdeen, this site will remain the centre of excellence supporting the Middle East and Asia offices with a significant investment being made in additional equipment to support Eastern Hemisphere operations.

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