19 December 2016

While 2016 has been a challenging year due to the ongoing downturn in the oil and gas industry, for FourPhase it has also been a year of new opportunities and innovation.

 

Our FourPhase team has been focusing on overall improvement of the organization across the value chain, starting with increased focus on internal training, further technological developments and safety.

Exciting opportunities have reached us from the global oil and gas market, from Azerbaijan to Malaysia to the North Sea, having once again proven the value of our technology. This is what keeps us motivated and committed to revolutionizing the way solids are managed across the world. In 2016, this motivation has resulted in three new patent grants.

On behalf of FourPhase, I would like to thank all our customers and  partners for their commitment to our innovative solids removal technology that enables Operators to materially reduce costs and improve production efficiency from solids producing wells. On behalf of the Management Team and the Board, I would like to thank all our employees that, every day, strive for improvement. 2017 will for sure be another exciting year within the oil and gas industry and for FourPhase – we are ready!

Season’s Greetings and best wishes for the New Year,

Øyvind Heradstveit
CEO at FourPhase AS

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