UK-based Hunting plc, which operates in the well interventions market and other areas, has outlined plans to grows its business in the Middle East.
“Hunting is looking to build its presence in the Middle East with the construction of a small laboratory in the UAE to service clients in the Eastern Hemisphere,” it said in a statement on 7th March, 2025.
“With the establishment of this laboratory, the sample lead time and overall analysis time will decrease as a result of closer proximity to the customer.
Hunting is a leading manufacturer of precision engineered products and integrated systems for the global energy market as well as other industries.
Its product suite includes well intervention equipment, well test and process systems, connection technology, logging systems and other areas.
The statement coincided with the acquisition of Organic Oil Recovery (OOR) technology, in a deal worth US$17.5mn. Field trials of the OOR technology — designed to prolong the life of a field and lower water cut during end-of-life production — are currently underway in the Middle East and other parts of the world, the company said in the statement.
“Following the acquisition of this exciting business, Hunting now has the ability to deploy this remarkable technology globally,” said the company’s CEO, Jim Johnson.
The company also reported its full-year 2024 results on 6th March with both revenue and earnings growth “despite the volatile energy markets” of last year, Johnson added.
The Middle East remains a key area of growth, it added, given the level of tender activity across the region.
The UAE is one of a number operating sites in the group’s Europe, Middle East, Africa (EMEA) business, alongside Saudi Arabia, the UK, the Netherlands and Norway.
Its well intervention portfolio includes pressure control and slickline equipment, tubing technology, e-line tools and control and injection units.
