January 31, 2015 8:27 PM ET

Energy Equipment and Services

Company Overview of Tendeka B.V.

Company Overview

Tendeka B.V. designs and manufactures upper and lower completion systems and production optimization technologies for the upstream oil and gas industry. It offers sand control completions, well completions, permanent wireless intelligent completions, open hole fracturing systems, autonomous inflow control completions, advanced fracturing systems, passive inflow control completions, retrofittable wireless intelligent completions, and water monitoring systems. The company also provides zonal isolation, sand control, reservoir monitoring, wireless technologies, fracturing, inflow control, and intervention solutions, as well as reservoir monitoring software. It sells its products in Europe, Nort...

Lange Kleiweg 60-F

Altens

Rijswijk,  2288 GK

Netherlands

Founded in 2009

Phone:

31 70 413 4040

Fax:

31 70 413 4059

Key Executives for Tendeka B.V.

Chief Executive Officer
Chief Financial Officer
Vice President of Completions Systems
Vice President of Monitoring & Control
Vice President of Asia Pacfic
Compensation as of Fiscal Year 2014.

Tendeka B.V. Key Developments

Tendeka B.V. Announces Two Contracts for the Sand and Inflow Control Technology in Russia

Tendeka has announced two significant contracts for the sand and inflow control technology in Russia. Tendeka is to provide RN-Purneftegaz with sand face completion equipment and services for horizontal wells at the onshore Severo-Komsomolskoe oilfield in Western Siberia. Supply will include FloRight-Ultra sand screens fitted with FloSure autonomous inflow control devices and SwellRight II swellable sleeves for deployment in spring 2015. The installations will demonstrate the value and performance of the technology ahead of a planned one hundred well field development campaign. In a separate award, following the supply and installation of AICDs earlier 2014, a contract has been secured with Lukoil-Nizhnevolzhskneft for further installations in 2015. The AICDs will be deployed in horizontal wells at the Yury Korchagin oilfield in the North Caspian Sea.

Tendeka Secures New Sandface Completion Agreement

Tendeka secured a four-year contract extension with Statoil for the supply of sand-face completion equipment for the Troll field, as well as other fields under Statoil’s operation in the Norwegian Continental Shelf (NCS). The agreement will see Tendeka install up to 40,000 joints of sand screens fitted with autonomous inflow control devices, as well as zonal isolation packers. The project extension will commence in January 2015 following a successful first contract period in which Tendeka manufactured and supplied more than 16,000 joints of sand screens with inflow control devices (ICDs) and autonomous inflow control devices (AICDs). ICDs create a more even production profile along the length of a horizontal wellbore to avoid early water or gas breakthrough due to reservoir heterogeneity, fractures or frictional pressure losses. Tendeka’s FloSure AICDs provide this functionality but additionally have a self-regulating adjustable design to provide greater production choking where gas and water break through occurs. This prevents the well from being flooded with unwanted fluids leading to greater recovery, lower water cuts and less gas production.

Tendeka Enters into Exclusive Strategic Agreement with Beijing Wallgate Information Technology., Ltd for Supply of Intelligent Well Technology in China

Tendeka has entered an exclusive strategic agreement with Beijing Wallgate Information Technology. Ltd. to deliver digital oilfield capabilities to key operators in China. The agreement will see Tendeka's leading edge intelligent well technology installed in multiple wells over a minimum period of two years.

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