Red Spider, the Remote Open Close Technology specialist delivering multi-million pound savings and reduced risk to the oil & gas industry, has appointed an agent in West Africa to support its expansion in the region.
The UK-headquartered company has completed an agreement with Nigerian agent AOS Orwell. The company will promote Red Spider’s suite of Remote Open Close Technology (ROCT) and provide a permanent presence for customers in the region from operational facilities in Port Harcourt and a sales office in Lagos.
Products in the Remote Open Close Technology range include Red Spider’s product eRED and the two new products - the eRED-FB (a completion placement valve) and PowerBall®.
Red Spider Chief Executive Steve Nicol said: “There has been a great deal of interest in our technology in West Africa because of the particular benefits it delivers for deepwater operations. Having an agent in place gives us the capability to make an impact and achieve successful results with a rapid turnaround. We are a small company but have proved our technology delivers for many operators. Now we have the logistics in place to sustain operations in a key target location for us.’’
Barry Killoh, Red Spider’s sales manager for Africa, said: “Red Spider is delighted to sign an agreement with AOS Orwell. We see a huge untapped market for ROCT technology in West Africa and partnering with a prominent and successful indigenous company like AOS Orwell allows us to work together to replicate our success in other regions in Nigeria as well as the wider region.’’
AOS Orwell Chief Executive Femi Omotayo said: “We are delighted to provide Red Spider the platform to explore opportunities within the Nigerian oil market. Red Spider’s technology strongly complements AOS Orwell’s existing large array of well construction and automation services. Our penetration into the completions market is further boosted by Red Spider cutting edge capabilities which now become available to West Africa through us.”