Press release June 5, 2014 09:30:00 AM CET

Weatherford Oil Tools selects Metso's valve technology for an oil field project in the Middle East

Metso Corporation's press release on June 5, 2014 at 10:30 a.m. EET

Weatherford Oil Tools Middle East Ltd. has chosen Metso's industry-leading valve technologies for an oil production upgrade project in the region.

Metso's delivery for this project will include over 100 Neles® globe control valves, emergency shutdown valves, on-off ball valves, and Mapag® butterfly valves. Most of the control valves will be equipped with intelligent valve controllers, which ensure long-term reliability, reduce process variability and improve process efficiency. The delivery also includes intelligent safety solenoids to be used on emergency shutdown valves for partial stroke testing and diagnostics targeting improved process safety and uptime.

Weatherford Oil Tools Middle East Ltd. provides project management services for engineering, procurement, construction and commissioning processes on a turnkey basis for the project in question.

According to Weatherford Oil Tools, the key reason for choosing Metso was its efficient internal procedures and local personnel who were able to respond to Weatherford requirements in an extremely short time period, ensuring the project's delivery in time. Metso's deliveries will be completed during the second quarter of 2014. Metso received these orders during 2013 and 2014. The values of these orders are not disclosed.

Trusted partner of the oil and gas industry

"Metso is working closely with major engineering, procurement and construction (EPC) contractors globally, and we are dedicated to support EPC contractors in their efforts to increase their own customers' productivity and safety. Weatherford Oil Tools is an important customer for us, and we guarantee them the best local service," says Raman Handa, Country Manager, Automation, Metso, Dubai. 

During the engineering, procurement and construction stages of a project, cooperation with Metso means fewer engineering and planning hours, expert engineering and applications support, and easier product sizing and selection with high-tech tools and services. Metso also provides customers with total project planning and management capabilities, in addition to application-specific valve technologies.

"Our cutting-edge valve solutions ensure measurable operational efficiency and increased profitability. They offer the potential to increase yield, reduce energy consumption, lower maintenance costs and manage changes in the process, among other benefits," Raman Handa points out.

Leading valve technology with a global presence

Metso has a long track record of delivering engineered performance and reliability to the oil and gas industry through its leading product brands Neles®, Jamesbury® and Mapag®. Metso has delivered millions of valves, control valves, and on-off valves globally, and is one of the leading suppliers of intelligent valve controllers.

Metso has a strong valve production foothold on every continent. The valve technology centers and production facilities are located in Finland, the United States, Germany, China, South Korea, India and Brazil. The company has 55 automation service hubs and 35 valve service centers around the world.

About Weatherford International Ltd.

Weatherford International Ltd., headquartered in Switzerland, is an oil field service and equipment company operating in more than 100 countries and employing over 58,000 people. The company is one of the largest global providers of products and services for drilling, completion, production and intervention cycles of oil and natural gas wells. Weatherford Oil Tools Middle East Ltd. is located in the United Arab Emirates.

Metso's automation solutions are designed to maximize the profitability of our customers' businesses by improving their production performance and their cost, material and energy efficiency. Our extensive range of flow control and process automation solutions and services is supported by a worldwide network of automation experts. The Automation business's biggest customer industries are oil & gas, and pulp and paper. We also have a strong growth focus in mining and construction and power generation.
www.metso.com, www.twitter.com/metsoautomation

Metso is a leading process performance provider, with customers in the mining, construction, and oil & gas industries. Our focus is on the continuous development of intelligent solutions that improve sustainability and profitability. Metso's shares are listed on the NASDAQ OMX Helsinki Ltd. Metso employs around 16,000 professionals in 50 countries. Expect results.
www.metso.com, www.twitter.com/metsogroup

For further information, please contact:
Raman Handa, Country Manager, Dubai, Automation, Metso, Tel. +971 50 6561563, email raman.handa(at)metso.com