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MAG_AP_Q4 2017

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ACCESS POINT <strong>MAG</strong>AZINE - DECEMBER <strong>2017</strong> - ISSUE<br />

NEWS & UPDATES<br />

ASOS<br />

ASOS successfully completes<br />

Schlumberger Mud Cooling Project<br />

ASOS Mud Cooling Offshore package was successfully utilized in Australia over the past 6 months and<br />

was able to complete the Schlumberger project. It was reported that the cooling system was able to<br />

reduce the mud temperature up to 32.80%. This is a high rate of success.<br />

Words of appreciation from the client were received by ASOS field personnel for their knowledge and<br />

expertise. This was reflected on ASOS end of the job “Customer Satisfaction Form”.<br />

The equipment is currently in transit from Australia to UAE following the conclusion of the project.<br />

Currently, ASOS is bidding on the upcoming contract for Schlumberger Australia Mud Cooling services<br />

which is estimated to commence by end of Q1 2018 with a duration nine months.<br />

ASOS updates<br />

Equipment Rental, Weatherford Oman<br />

For the 2nd consecutive time in <strong>2017</strong> ASOS is providing Air Drilling equipment to Weatherford<br />

Oman. This project started in mid-December with equipment already in Oman. The 3rd project<br />

has also been awarded expected to start by late Q1/early Q2 2018.<br />

ASOS, Schlumberger Registration<br />

ASOS has successfully completed all required documentations with regards to Schlumberger<br />

registration and has registered as a Schlumberger provider.<br />

ASOS - SCOMI Agreement<br />

ASOS has finalized a agreement with SCOMI to provide Mud Cooling services for their ongoing<br />

ADNOC Onshore “Provision of Solid Control Equipment & Mud Coolers services” contract.<br />

ADNOC Onshore “Provision of Aerated Mud Services”<br />

Contract<br />

ASOS has been awarded the ADNOC onshore provision of Aerated Mud Services contract for<br />

the next 3 years for the third time. In the past 2 contracts, ASOS had only 40% share of the<br />

contract. Now, ASOS successfully secured 70% of this new contract for the next 3 years that<br />

requires to have the ability of providing seven drilling packages consecutively. It is estimated to<br />

start by January 2018.<br />

ADNOC Onshore “Provision of Specialized Mud & Filtration<br />

Services” Tender<br />

ASOS thru the JV with MB Petroleum have taken part in the upcoming 3 year fluid engineering<br />

service for ADNOC Onshore. ASOS/MBP have now passed the technical portion of the contract<br />

and will be invited to participate in the commercial portion.<br />

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