The Intervention and Coiled Tubing Association (ICoTA) has re-established its China Chapter, a recognition of the country’s growing importance to global energy markets and in the evolution of advanced well technologies.
ICoTA called it a “significant milestone” in the association’s global expansion and a commitment to technological innovation in well intervention.
In a statement, it said the revitalised China Chapter would serve as a critical hub for networking, knowledge exchange and technological advancement in the well intervention and coiled tubing sector across the whole of the Asia-Pacific region.
“This strategic relaunch reflects ICoTA's dedication to supporting emerging markets and fostering global industry collaboration,” the association noted.
Steve Moir, Global Chair of ICoTA, called it a landmark moment with implications for the whole region.
“Re-establishing the China chapter of ICoTA marks a pivotal moment as we unite to harness the immense potential of well intervention services in one of the world’s largest markets,” he said.
“Together, we will drive innovation and collaboration, ensuring a prosperous future for coiled tubing technology in China and beyond."
Frank Kong, from CNPC USA, described the market for well intervention services in China alone as huge.
“In 2024, the number of coiled tubing operations is about 12,000 jobs,” he said.
“The CNPC Engineering Technology R&D Company and Jianghan Machinery Institute have taken the lead in establishing the Coiled Tubing Technical Committee of the China Petroleum Society, which plays a leading role in China. The combination of China and ICoTA will for sure greatly promote the development of the industry and expand ICoTA's influence.”
Key objectives of ICoTA’s renewed China Chapter include:
Providing a robust platform for Chinese and international professionals in well intervention technologies.
Facilitating knowledge sharing and technical expertise across regional and international boundaries.
Supporting local industry professionals through networking, training and professional development opportunities.
Promoting cutting-edge technological innovations in well intervention and coiled tubing operations.