M-I SWACO Opens New Thailand Training Facility

M-I SWACO has officially opened a new facility in Bangkok, Thailand that will offer training in both fluids and Environmental Solutions.

The new facility houses three classrooms, a fluids laboratory and equipment training for the company's Environmental Solutions offerings. In addition to fluids training, the fully equipped center will also conduct courses in solids control, cuttings re-injection, cuttings drying and the M-I SWACO CLEANCUT* automated pneumatic cuttings collection and transport system.

"This facility reinforces the commitment of M-I SWACO to Thailand and the entire Asia/Pacific market. This region offers one of the most fertile talent bases in the world and this facility is a reflection of our commitment to provide a more technical and valuable workforce in the region," said M-I SWACO Vice President of Training and Career Development Alan McLean.

M-I SWACO earlier signed a Memorandum of Understanding with the Technical Petroleum Training Institute, an arm of the Thailand Department of Minerals and Fuels, that recognizes the new facility as a valid training institution. As part of the MOU, M-I SWACO will offer personnel from the national energy regulatory agency full access of courses open to non-company students and provide regular training reports and schedules. In addition to recognizing the new facility as a valid training institution, the MOU assures the student's diplomas hold merit within the Thailand oil and gas industry.

M-I SWACO, which is based in Houston, TX and jointly owned 60% by Smith International, Inc. (NYSE, PSE:Sii) and 40% by Schlumberger Limited (NYSE:SLB), is a leading supplier of drilling, reservoir drill-in, completion fluids and production chemicals products/systems for the global petroleum industry. In addition, the company also provides a wide range of solids-control, drilling waste management and wellbore clean-up equipment and engineering services.