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Weir Oil & Gas Closes $7M Deal In Singapore


Weir Oil & Gas Closes $7M Deal In Singapore
Gulf of Thailand Experience, Local Workforce and Technical Capabilities Provide Winning Edge
Dubai, United Arab Emirates (GLOBE NEWSWIRE) - Weir Oil & Gas Dubai announced today that it signed a five-year $70 million contract with Thailand s PTT Exploration and Production (PTTEP), a subsidiary of state-owned energy conglomerate PTT, to supply and install 1,800 sets of wellheads and trees in the Gulf of Thailand. The agreement represents one of the largest recent projects in South East Asia.
Weir’s extensive experience and history in the Gulf of Thailand, large skilled Thai workforce and differentiated technical capabilities were deciding factors in the deal. This contractual agreement also further consolidates a wider regional adoption of Weir’s Rig-to-Grid capabilities in the market. ....

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