Wellgrab

Welltec A/S, a market leader in Completion and Intervention within the energy industry, announces the acquisition of Autentik AS, a niche technology provider specializing in electric wireline fishing and interventions. The acquisition represents a strategic move by Welltec to expand its downhole intervention capabilities and is in line with the …

Welltec® is pleased to announce a new and exclusive collaboration with Wellgrab, to provide wireline conveyed, advanced downhole fishing solutions. Wellgrab technology centers around a fully surface-controllable, downhole electric release fishing tool, designed to simplify and optimize fishing operations whilst fully exploiting the unique 100,000 lbs pulling capability of Welltec’s surface …