Joint venture to offer oilfield chemicals in the Middle East

Offshore staff

ABU DHABI, UAE – A consortium of Eni’s chemicals company Versalis, Mazrui Energy Services drilling fluids subsidiary Petrochem, and Mazrui Energy Services have agreed to establish a joint venture in the Middle East.

Versalis Petrochem Mazrui (VPM), unveiled this week at ADIPEC, will commercialize innovative chemicals for the regions’ oil and gas industry.

It will mainly use locally manufactured oilfield chemicals to ensure swift product availability and competitive logistics and customer assistance.

Eni said the venture would draw on Versalis’ long-standing experience in industrial production and will look to leverage its R&D capabilities, allowing it to extend its oilfield chemicals offering to the Gulf Cooperation Council countries, Yemen and Iraq.

11/13/2018