Tendeka, a provider of completions systems and services to the upstream oil and gas industry, has signed a two-year agreement with Eternal Asia Supply Chain Management for the exclusive supply of its FloSure autonomous inflow control devices (AICDs) in China.
The strategic partnership with Eternal Asia, China’s first listed supply chain service enterprise, is a significant development in Tendeka’s growth within the country. Eternal Asia has a sound knowledge of the highly important Chinese market, and the company’s global footprint will provide Tendeka with potentially greater business opportunities in the country’s oil and gas sector.
Tendeka’s AICDs, part of the company’s fully integrated sandface completions solution, reduces unwanted gas or water production, enabling increased oil recovery rates and improved sweep of the reservoir.
More than 10,000 FloSure AICD valves have been installed to date globally in light and heavy oil wells.
“We have been very impressed with the benefits that Tendeka’s FloSure AICDs can bring in maximizing oil production, and we can envisage many developments in China where their deployment will be appropriate,” said Xu Sun, Eternal Asia’s director.
Image:AICD/Tendeka
