27 November 2019 Algeria Meeting with the management of one of the largest oil and gas companies in North Africa

PM Industrial: Developing cooperation with a North African partner

PM Industrial established business contacts with one of the largest oil and gas companies in North Africa. The negotiations included a presentation of downhole monitoring technologies and a discussion of the prospects for their implementation at the partner's fields.

🤝 Stages of interaction

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October 2019 – Russian Energy Week

On the sidelines of a large-scale international forum in Moscow, representatives of a North African company expressed interest in PM Industrial's well monitoring systems. Following the meeting, the company received an official invitation to negotiate as a potential business partner.

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November 27, 2019 — Business meeting at the head office

Discussions with management took place at the North African company's headquarters. PM Industrial presented a range of technologies and technological solutions applicable at partner facilities, both on an industrial scale and in pilot testing.

🔬 Technological focus

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Downhole monitoring systems

During the roundtable discussion, PM Industrial technologies were recognized as promising for implementation at the African company's oil fields. The parties noted the high potential of monitoring systems for optimizing production and improving well operation efficiency.

🎯 Negotiation results

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Cooperation mechanisms: formats for interaction and implementation of joint projects have been developed

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Visit to the fields: An agreement was reached for PM Industrial specialists to visit the partner company's facilities

Establishing business contacts with a leading oil and gas company in North Africa opens up prospects for a long-term partnership and confirms the competitiveness of PM Industrial's technological solutions in the international market.

🌍

The talks laid the foundation for further development of partnerships and the potential implementation of technology projects on the African continent.