NEWS
Novomet-Egypt celebrates its 10th anniversary


Novomet-Egypt is a young, but rapidly growing company.

Its history began in 2012 with the first installation of slimline ESP of 319 series equipped with permanent magnet motor for sidetrack operation, which was performed in the MENA region specially for Eshpetco Company. This equipment had reached almost 1200 days of run-life. The article SPE-184195-MS covered these developments was released in 2016 at the conference in Bahrain.

Nowadays, more than 100 ESP systems are in operation, which is about 12% of Egyptian market share and it's only the beginning. Novomet products are in high demand thanks to the quality of equipment and provided services as well asthanks to the unique technologies in its portfolio: Power-Save equipment with permanent magnet motors (50% of Egyptian wells stock , energy saving is about 25-30% compared to peers), slimline equipment (272, 319 series), solutions for wells with high gas-oil ratio (gas separators, multiphase pumps, advanced gas handlers), solutions for solids management (filters) and scale management (solid/liquid inhibitors), ESP systems with extended operating range (Impala ESP).

Company’s office is located in Cairo and assembly facilities, which are one of the most modern workshops to assemble ESP systems in the country and throughout the African continent, are located in Alexandria. Moreover, in Alexandria Novomet has a Test Center dedicated to testing of VSDs by of different brands to check compatibility with permanent magnet motors by Novomet origin. As well Novomet has a Training Center, where both Customers and Novomet employees are trained to operate ESP systems, courses are available in English and Arabic and for various levels of competency.

We are proud of Novomet-Egypt! We would like to express our gratitude for a major contribution to Novomet-Egypt growth and achievement to our esteemed Customers and Partners, to the whole team and especially to
Wael Sayed (Country Manager), Ossama Abu-Hozifa (Sales and FS Manager), Nikolai Kurlykin (BD & Application Engineer) and Hany Elsayed (Assembly Base Manager).
Minister for Oil and Natural Resources of the Arab Republic of Egypt H.E. Tarek Ei Molla with Novomet representatives at the Oil, Gas and Energy Exhibition in Cairo, Egypt in February 2023 (EGYPS 2023)
ColibriESP on the Malaysian offshore.

News about the implementation of ColibriESP technology on the offshore.
We recently talked about the installation of Novomet systems on a platform in Qatar.
Today news from Malaysia is on the agenda.
On the offshore platform of Petronas, located near the city of Miri in the Tukau field, three 272 cable-deployed rigless ESP systems were run into gas lift wells (ColibriESP technology by Novomet).

The installation was carried out using advanced technologies in the field of downhole and surface equipment. The shut-off and flange fittings are equipped with automatic remote control subsurface safety valves.
The peculiarity is that the procedure was preceded by the dismantling of the previous equipment, accompanied by well killing. This is the first time this has been done at offshore fields. The new equipment has been put into operation. The customer is completely satisfied with the quality and reliability and is ready for further implementation in their fields.
Technologies
Optimize production
across all phases of a well's life
 
Novomet Artificial Lift Equipment
Novomet Downhole Equipment
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Novomet artificial lift services

Lifting the fluids that power the world

The path forward for responsible oil and gas production is to always look for new ways to reduce the cost required to find, tap, and produce a barrel of oil or a cubic meter of gas. Most oilfield services companies are heavily focused on exploration and drilling.

By contrast, Novomet is hyper-focused on completions and artificial lift. More specifically, Novomet is a leader among oilfield service companies with superior technologies that produce higher volumes of hydrocarbons while helping lower the overall cost of production.

The goal is to continuously make more oil and gas with less effort, cost, and environmental impact. The next great breakthroughs in the oil and gas industry will not come from new exploration, drilling, pipeline, or refining technology. Rather, they will come from advances in our ability to economically produce more hydrocarbons from the wells we are already drilling. They will come from artificial lift technologies.

Our purpose is simple and straight-forward:
We lift the fluids that power the world.

Our mission is to harvest what other oilfield service companies leave behind, reduce the power and cost required to produce hydrocarbons, and develop viable green energy solutions.

 
BY THE NUMBERS
264400000
kWh of electricity saved with PowerSave and SlimLine ESPs
172815
Tons of CO2 prevented from entering the atmosphere*
32
Countries where Novomet is reducing carbon emissions

* Based on 1.2 lb of CO2 emissions per kilowatt-hour accourding to U.S. Carbon Dioxide Emissions in the Electricity Sector projections, published January 7, 2019.

 

Oilfield services and the energy industry

People, businesses, and economies have more opportunities to grow when they have access to safe, affordable sources of energy. Electricity keeps us warm, helps us stay healthy, and drives speed and agility in commerce. The goal of the energy industry is to provide power for as low a cost and with as little environmental impact as possible.

Renewable energy sources remain a priority. As costs come down for geothermal, solar, wind, hydro-electric, and other alternative forms of energy, there will be less dependence and need for oil and gas. Until that happens, the most economical and environmentally responsible path forward is to continue to find and produce enough hydrocarbons to meet the world’s energy demands.

Novomet remains dedicated to helping energy companies harvest the hydrocarbons they need to power the world—for as low an environmental and economic impact as possible. When you think artificial lift (oil and gas, geothermal, mine dewatering, etc.) think Novomet.


Renewable energy sources