Coretrax, the global well integrity and production optimisation leader, is planning for further growth following recent project wins
The Aberdeen-headquartered business has expanding operational bases in the US, Middle East and South East Asia with further growth planned in Asia Pacific with the first senior appointments in Australia.
The well integrity specialist has also recently supported its first carbon capture (CCS) and geothermal campaigns and sees significant potential in the lower carbon sector to bring its technology and expertise to emerging opportunities.
John Fraser, CEO of Coretrax, said, “We have experienced growth across our operations and are currently running live projects on 250 rigs in the Middle East, with support provided from our teams in the Kingdom of Saudi Arabia and Dubai."
Coretrax continues to invest in research and development and currently has a portfolio of over 50 technologies across its four product lines.
One recent multi-year contract is with a major service company in MENA and involves the deployment of Coretrax’s expandable technology to isolate trouble zones and maximise recovery on existing wells.
With a strong engineering focus, Coretrax offers a range of solutions and tools designed to deliver measurable cost and rig time savings. The team brings the solutions together in an integrated package to provide a full well lifecycle solution.
