Knowledge Reservoir and Modern Petrotech L.L.C, an oil and gas services provider in the Sultanate of Oman, announce the formation of a new joint venture company offering consulting and resourcing services in the upstream, midstream, and downstream areas of the oil and gas industry to its clients throughout the Middle East region.
The Omani registered company, Knowledge Reservoir LLC, will build on the services that it has delivered over recent years in the region by providing a consulting and resource base that is easily accessible by all energy companies that are operating or are planning to operate in the Middle East.
Commenting on the announcement, Dr. Ivor R. Ellul, President and CEO of Knowledge Reservoir, stated, "Knowledge Reservoir is extremely pleased to have joined forces with Modern Petrotech. Our presence on the ground in the Middle East will get a boost from the joint venture, and enable our clients in the region to leverage our considerable expertise and track record, particularly in the areas of carbonate reservoir studies, improved oil recovery, mature field optimization and redevelopment, and knowledge management solutions."
"It is our pleasure to welcome Knowledge Reservoir to Oman and to be a partner in the launch of such a key service in the region," stated Nasser H. Hinai, President of Modern Petrotech.