ABERDEEN-BASED engineering and manufacturing company Wellvene has announced a new partnership
with one of Norway’s leading integrated completions providers, Marwell AS.
Building on the company’s recent year-on-year growth on the Norwegian Continental Shelf, Wellvene
expects this strategic partnership to generate an additional £1.5m in revenue over the next 12 months.
Bronson Larkins, Managing Director of Wellvene, commented: “Following significant contract wins, we look forward to growing and strengthening our presence in Norway alongside Marwell AS. Marwell has an excellent reputation for sourcing and providing world-class well-intervention solutions. By partnering with them, our range of innovative technologies can reach an even wider audience, helping Norwegian Operators and Service Companies address their well-intervention requirements and optimise plug & abandonment operations.”
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As part of its expansion strategy, Wellvene will also announce the creation of new regional roles to support its operations. Among these positions will be the appointment of a full-time account manager, who will play a pivotal role in driving forward the objectives of the partnership, ensuring seamless collaboration and mutual success between the two companies.
Mike Williamson, General Manager of Marwell, commented: “Marwell and Wellvene hold many shared philosophies, and we immediately saw the potential for a powerful partnership in Norway. Our integrated solution approach will allow us to provide Wellvene’s value-adding technology to Norwegian operators and support them with dedicated personnel working locally in Stavanger.”
