business & market news
10
TUBE PRODUCTS INTERNATIONAL September 2017
www.read-tpi.comFrontRow acquires ClearWell
Oilfield Solutions
FrontRow Energy Technology Group has
announced the acquisition of ClearWell
Oilfield Solutions, an oil and gas
technology company focused on flow
assurance and production optimisation.
FrontRow has acquired 50 per cent
of ClearWell from the previous owner,
MSL Oilfield Services, which retains the
remaining 50 per cent.
ClearWell provides a non-intrusive,
chemical-free scale control system,
using a surface-mounted device to
induce pulsed, high frequency signals
into the piping system. These signals
cause micro-crystals of scale to form
and remain suspended in the produced
fluid flowing through the pipework,
rather than adhering to the internal pipe
wall and restricting the flow of oil and
gas.
FrontRow chief executive Stuart
Ferguson said, “Increasing water
production from maturing oilfield basins
tends to bring with it many problems,
including corrosion damage and scale
build-up, which can substantially reduce
the economic life of fields. The oilfield
scale challenge alone currently costs
the industry billions of dollars each
year, because of scale prevention, scale
remediation and deferred production.
“The installation of ClearWell’s units can
reduce or, in many cases, remove the
need for alternative treatment methods,
which results in major cost and time
savings for operators. With the global
market for oilfield scale inhibitor set
to reach $700mn by 2020, we see
tremendous potential for ClearWell and
are excited to support its ambitious
growth plans.”
ClearWell, which will relocate its
head office in Southampton, UK, to
FrontRow’s technology centre in
Aberdeen, plans to grow its existing
number of units in the field by around
400 per cent over the next five years.
Martin Clark, CEO at MSL Oilfield
Services, said, “This acquisition marks a
very positive step forward for ClearWell,
and we are excited to embark upon this
relationship with FrontRow. We currently
have units in operation across the world,
many in the USA and Canada, and have
been delivering solutions to a string of
major oil and gas players for some time.
With the support of FrontRow, we plan
to maximise ClearWell’s full international
potential.”
The acquisition comes after FrontRow
secured a £10mn investment from BGF
in January 2017. ClearWell adds to the
firm’s existing group companies, which
include Well-Centric and Well-Sense.
FrontRow Energy Technology Group
Ltd
– UK
www.frontrow-energy.co.ukSaint-Gobain PAM UK revamps website
Ductile iron and cast iron products
supplier Saint-Gobain PAM UK has
revamped its website. The site is now
fully mobile-responsive, more user
friendly, and enables access to more
downloadable information.
Visitors to the site are now able to
download e-catalogues, product
drawings and datasheets. The revamp
also aligns the site more closely with
the Saint-Gobain group’s corporate
identity.
Commenting on the new website,
Mark Esling, Saint-Gobain PAM UK’s
business development director, said,
“In addition to offering improved
functionality, the new site also pulls
together our company news, case
studies, performance and sustainability
credentials, and reveals why this
company is a great place to work.”
Saint-Gobain PAM UK
sales.uk.pam@saint-gobain.com www.saint-gobain-pam.co.ukStuart Ferguson, FrontRow’s chief executive
A ClearWell G-Unit being installed