Welltec and Axter have announced a strategic and exclusive partnership aimed at delivering cutting-edge, advanced Intervention Solutions, including Plug and Abandonment (P&A) and Enhanced Oil Recovery (EOR) services. 

This collaboration combines the strengths of both companies to introduce state-of-the-art technologies that significantly broaden the scope of service within lightweight, wireline intervention operations to the energy industry on a global scale.

Complementary excellence for enhanced value

By merging expertise, Welltec and Axter will offer greater flexibility and value to the intervention market. 

“Welltec has built a strong reputation for engineering and manufacturing high-end technologies in well completion and intervention applications. Our advanced in-house engineered solutions enable a wide range of robotic interventions tailored to meet the unique challenges of the P&A market,” says Christian Kruger, VP of Global Business Development at Welltec. 

Axter’s CEO, Hans Fjellanger added: “By joining forces with the reputed Welltec team we truly believe this will accelerate the specific Axter technology available to the global energy market. In many ways we see Axter as a game-changer to the intervention market, and combined with Welltec this will now be made available to excel operations worldwide.”   

“The Axter electro-mechanical technology platform offers precise real-time acoustic scanning of tubing and annulus along with features like three-axis window milling, gripping, and cutting capabilities, all supported by a highly accurate, fast, powerful stroker and 360˚ orienter, all in a single toolstring,” says Fjellanger.  

KeyFacts Energy Industry Directory: Welltec