Enteq Upstream PLC (Enteq) has signed a memorandum of understanding (MOU) with Target Well Controls (Aberdeen), announced Martin Perry, Enteq’s chief executive officer.
The MOU outlines a co-operation between the two companies to integrate the Target Propagation Wave Resistivity (PWR) technology into the Enteq-XXT MWD technology platform. Once integrated, Enteq will assume responsibility for the sales and marketing of the tools in a number of key markets including Russia and China, leveraging its international sales and support network.
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Enteq Upstream plc
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