Acoustic Data News Today

By John Lee. UK-based Acoustic Data has reportedly won a multi-million-dollar order from a major oilfield service company in Iraq. According to Oil Review Middle East, the company will deploy its SonicGauge wireless monitoring systems "across a substantial number of assets." It quotes Chief Commercial Officer, Jesse Tolley, as saying that it will provide "real-time

Acoustic data has won a multi-million-dollar order from a major oilfield service company in Iraq for its SonicGauge Wireless Monitoring Systems.

Alturki Ventures, the venture capital arm of Saudi Arabian based Alturki Holding, has made a significant growth capital investment in Acoustic Data, a UK-based global leader in wireless downhole technology.