Dubai, UAE. – June 12, 2018 - GOWell Oilfield Technologies FZE has been awarded two contracts worth approximately $5.8m by JSC UGV to supply and support a range of Open Hole and Cased Hole Wireline Logging Tools for operations in Ukraine.

Under the contracts, GOWell will manufacture, supply and commission four strings of GallopStar Open Hole Logging Tools, together with two Open Hole surface systems and two strings of PegasusStar Well Integrity Logging Tools and a Cased Hole surface system in Ukraine. These systems will provide JSC UGV with two sets of modern OH logging equipment and one set of modern CH logging equipment to support their formation evaluation and well integrity needs today and into the future.

"We believe that we have some of the best wireline solutions in the market and are very proud to have earned this contract in Ukraine”, said Wendy Liu, GOWell’s CEO. “We are looking forward to have a long lasting relationship with JSC UGV and have a significant imprint in Ukraine".

JSC UkrGasVydobuvannya (UGV) is the largest gas production company in Central and Eastern Europe. In Ukraine, it is a major player specializing in natural gas and gas condensate production.

About GOWell: GOWell is an international company that provides a wide range of innovative and highly reliable Wireline Logging solutions for companies globally. For more information, contact Colin Hunter +44 (0) 7555 455 493, colin.hunter@gowellpetro.com