21 WELLTEC

Welltec has enjoyed a long presence in the Middle East. The company first began installing its Welltec Annular Barrier (WAB) metal expandable packers for Saudi Aramco in 2014, before going on to establish the Alkhobar Manufacturing and Maintenance center in June 2019. Since then, the two parties have collaborated to deliver more than 60 WAB installations in Saudi Aramco projects.

In April 2022, Welltec announced the agreement of a long-form contract between the two parties, the highest level of contract in the Saudi Aramco procurement processes, building Welltec’s contribution to the In Kingdom Total Value Add program. Welltec is also playing a significant role in advancing energy transition. The company recently opened its new test flow loop facility in Denmark to provide corrosion testing for numerous carbon capture and storage projects.