Deep Casing Tools in Norway Pact with NOV

first_imgCasing and completion technology business, Deep Casing Tools (DCT), has formed an alliance in Norway with National Oilwell Varco Completion Tools (NOV Completion Tools).The agreement gives NOV Completion Tool’s Completions & Production Solutions Division access to DTC’s technology including its Turbocaser, Turborunner and MechLOK Drill Pipe Swivel.NOV Completion Tools will be DCT’s service provider in Norway, initially under the guidance and training of DCT staff.In turn, partnering with NOV, will open up new opportunities for Aberdeen-headquartered DCT.David Stephenson, CEO of DCT, said: “We have been looking at key areas in which we want to expand and how to achieve that, we believe working with key partners in certain areas is the way forward.“NOV Completion Tools has a good presence and is strong in Norway and has an excellent reputation.“NOV Completion Tools is growing its completions division through a mixture of organic growth, acquisitions and by partnering with smaller technology companies and we are one of those smaller technology companies.“Our companies are complementary, and we provide NOV Completion Tools with a differentiator and we benefit from the power and reputation of NOV Completion Tools. We have our turbine driven reamer tools and our lockable drill pipe swivel which can differentiate their product offering from the rest. We also have other tools coming through which may go commercial this year.“It is quite possible that this initiative will be rolled out through other regions and perhaps lead to a stronger relationship with NOV Completion Tools.”last_img read more

Donegal to benefit from new North-West Greenway project

first_imgDonegal County Council welcomes the fact that Derry City and Strabane District Council has received a formal letter of offer for €14.85 million from the EU’s INTERREG VA Programme to proceed with the North West greenways project.The project will lead to the provision of 46.5km of new cross border greenways across the Donegal County Council and Derry City and Strabane District Council regions.The project has also successfully provided over €2m worth of cross border employment with eight new posts created between both Councils to support the scheme. The project is being led by Derry City and Strabane District Council with the support of its project partners Donegal County Council, Transport NI and Sustrans.The project is funded through the EU’s INTERREG VA Programme which is administered by SEUPB, with match funding provided by the Department for Infrastructure in Northern Ireland and the Department for Transport, Tourism and Sport in the Republic of Ireland.Welcoming progress with the project, the Cathaoirleach of Donegal County Council, Cllr Gerry McMonagle said that in addition to the environmental benefits there was significant investment in cross border employment with seven new posts amounting to a value of €2m between both Councils to support the scheme.“It is fantastic to see a range of funded posts coming as part of this scheme to assist in the delivery of this significantly important scheme for the region. In addition to programme management staff, we have appointed engineers, a communications officer and administrative post and plans are afoot to appoint an Active Travel Officer early next year that will work as part of a team in close collaboration with all partners to deliver on the project.” The Mayor of Derry City and Strabane District Council Cllr Maolíosa McHugh said: “This project is significantly important in enhancing existing outdoor recreational opportunities and enhancing cross-border connectivity across three distinct routes at Derry via Pennyburn to Buncrana, Muff Village in Donegal to Derry via Culmore, and Strabane to Lifford via Lifford Bridge.”Seamus Neely, Chief Executive with Donegal County Council acknowledged the role of all the partners in the project and said health, social, economic and environmental benefits will be significant for both regions.“This project has the potential to further develop and enhance sustainable transport options for the region with an excellent potential to attract visitors to the region and that will in turn have a positive impact on the local economies.”John Kelpie, Chief Executive with Derry City and Strabane District Council said the project was another example of successful partnership collaborative working between the two Councils and partner agencies on a project that has positive impacts for the entire region.“These projects will provide valuable cross border routes for commuters to use for work and leisure and will further enhance cross border co-operation between the two jurisdictions with a view to encouraging people to reduce their dependence on the car in favour of more sustainable travel methods to contribute to a reduction in carbon emissions. This project also fits in with the objectives set out in our Strategic Investment Growth Plan.” North West Greenways NetworkRoute 1 – Derry via Pennyburn and Bridgend border crossing to Buncrana/Letterkenny via Tooban junction – 32.5kmRoute 2 – Muff village to Derry via Culmore and Muff border crossing and Culmore – 10.5kmRoute 3 – Strabane to Lifford via Lifford Bridge – 3.5km Donegal to benefit from new North-West Greenway project was last modified: October 2nd, 2017 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:donegalGreenways Projectlast_img read more