Unity, a specialist in well maintenance and retirement, has introduced Consolidated Suppliers as its local partner in the United Arab Emirates. The two companies signed an agreement at the ADIPEC exhibition held in Abu Dhabi. This move is aimed at addressing the increasing regional demand as operators invest to boost production from mature assets.
Strength of Consolidated Suppliers
Consolidated Suppliers, which has been active in providing equipment and services for oil fields in the UAE and the Middle East for over 40 years, offers Unity a local pathway to market entry. This agreement also enhances Unity's In-Country Value (ICV), which is a key requirement for suppliers to UAE operators.
Gary Smart, CEO of Unity, stated: "As operators seek to extend asset life, maintain well integrity, and reduce operational risks, the demand for specialized expertise and integrated solutions that Unity provides globally in mature fields is increasing." He also added: "Our agreement with Consolidated Suppliers provides regional operators with direct access to Unity's technologies and expertise, supported by a reputable local partner with a deep understanding of the market."
Unity's Vision in Well Maintenance and Retirement
Mohamed Deaibes, CEO of Consolidated Suppliers, remarked: "Unity's expertise in well maintenance, interventions, and retirement comes at a crucial time as operators focus on extending asset life and reducing risks in mature fields." Unity is part of the FrontRow Energy Technology Group and has over 30 years of experience in well maintenance, interventions, and end-of-life well management.
This collaboration is particularly significant in the current environment where the oil and gas market is seeking innovative solutions to maintain and optimize production from existing resources. The demand for well maintenance and management services has significantly increased in recent years, and this agreement could help Unity achieve further growth and development in this competitive market.
