Caltec-Petrolink Alliance in Norway

October 2005

Petrolink AS of Stavanger in Norway and Caltec Limited of Cranfield in the UK have signed a cooperation agreement, on the first day of the Offshore Europe conference and exhibition in Aberdeen.

The objective of the agreement is to address the oil and gas market segment which requires enhanced oil and gas recovery and to obtain an increase in oil and gas production from the reservoir.

Caltec's proven, innovative, cost effective and cutting edge technology in production boosting and compact separation technologies, combined with Petrolink's know how and experience in production engineering and operating, will create a multi-skilled alliance. This alliance effectively and dedicately can supply and operate a full portfolio of production enhancement technologies for the oil and gas sector, targeting marginal or tail end producing fields in particular.

Also see News section for further news items.