24th Jun 2016 06:19
LONDON (Alliance News) - MYCELX Technologies Corp said Friday it has entered into an exclusive marketing and distribution deal with Cameron, a company of US oilfield services Schlumberger Ltd.
Under the deal Schlumberger has exclusive rights to distribute MYCELX products in the upstream market.
Financial details of the deal were not disclosed.
"We are extremely pleased to be working with Schlumberger to bring our products to their global upstream customer base. This agreement is in line with our focus on establishing strategic alliances to leverage sales and marketing channels globally. We believe the RE-GEN product is a paradigm shift for upstream producers in that it allows them to meet their produced water treatment needs and provides meaningful cost savings," said MYCELX Chief Executive Connie Mixon in a statement.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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