Ecolog International, a leading global provider of integrated services, technology, environmental solutions, logistics, facility management, as well as construction and Smartline Technology, a provider of pioneering drilling mud treatment technologies, have signed a strategic partnership agreement to provide an integrated and innovative solution to the hydrocarbon industry.
Built upon the patented Smartsite technology, the integrated pit-less and de-watering solution is intended to improve drilling efficiency and considerably reduce the water consumption.
The cooperation between Ecolog and Smartline Technology will provide the hydrocarbon industry with an integrated and fully mobile closed loop fluid management system that enables customers to treat Oil Based Mud (OBM) and Water Based Mud (WBM) in a more sustainable and economic manner.
Smartsite enables operators to drill faster and reduce the water consumption used for drilling by up to 90 per cent. It also helps eliminate the need for waste pits, which results in reducing the overall cost of drilling operations while improving the environmental footprint.
Commenting on the agreement, Ali Vezvaei, Group Chief Executive Officer of Ecolog International, said: "This partnership marks another milestone in our growth journey, while disrupting the traditional business model, driving decarbonisation of the oil and gas industry and providing our customers with the much-needed sustainability and productivity."
Don Smith, President of Smartline Technology, added, "Smartsite technology is built on efficiency and based on experience. Our agreement with Ecolog International allows us to jointly serve markets and customers, where the solution is required to significantly increase drilling performance, while improving environmental standards and working conditions."
Built upon the patented Smartsite technology, the integrated pit-less and de-watering solution is intended to improve drilling efficiency and considerably reduce the water consumption.
The cooperation between Ecolog and Smartline Technology will provide the hydrocarbon industry with an integrated and fully mobile closed loop fluid management system that enables customers to treat Oil Based Mud (OBM) and Water Based Mud (WBM) in a more sustainable and economic manner.
Smartsite enables operators to drill faster and reduce the water consumption used for drilling by up to 90 per cent. It also helps eliminate the need for waste pits, which results in reducing the overall cost of drilling operations while improving the environmental footprint.
Commenting on the agreement, Ali Vezvaei, Group Chief Executive Officer of Ecolog International, said: "This partnership marks another milestone in our growth journey, while disrupting the traditional business model, driving decarbonisation of the oil and gas industry and providing our customers with the much-needed sustainability and productivity."
Don Smith, President of Smartline Technology, added, "Smartsite technology is built on efficiency and based on experience. Our agreement with Ecolog International allows us to jointly serve markets and customers, where the solution is required to significantly increase drilling performance, while improving environmental standards and working conditions."
Source Link: www.tradearabia.com
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