North East Business Awards 2016
Innovation Award Finalist
We are proud regional finalists in the Tyneside and Northumberland, North East Business Awards Innovation category. This is in recognition of our Hybrid Oilfield Packer technology which started development in 2014. This solution was developed in direct response to a widely recognised industry problem of reduced life in all rubber Oilfield Packers. Following the Macondo disaster, the control and operation of Oilfield Packers has been severely tightened including the restriction of Packers being lubricated once in service. The impact of this is reduced service life due to increased friction and wear. In some cases Packers manufactured in the same materials and by the same manufacturing techniques, life reduction has been reduced from 2 years to 6 weeks. The cost of increased product requirements, inventory, management, service intervals and downtime is extraordinary.