L-R: Pragma’s chairman, Stuart Ferguson, with CEO Gary Smart
FrontRow Energy Technology Group
has extended its capabilities with the launch of a new start-up business,
Pragma Well Technology Ltd.
The new company will deliver
advanced production technologies and expertise to the global oil and gas
industry, offering products and systems which are highly differentiated, low
risk and significantly enhance well performance.
Pragma draws upon existing technical and commercial expertise within
the FrontRow Group. Gary Smart is CEO; Dan Purkis is technical director and
Matt Manning is engineering manager. CEO of FrontRow, Stuart Ferguson takes up
the position of chairman at Pragma.
Team expansion is high on the agenda, with Pragma currently recruiting
four new staff in engineering and administrative roles.
Gary Smart, CEO at Pragma said: “Pragma is borne out of multiple new
technology ideas that have been enthusiastically endorsed by the operator
community. The new company will utilise vast internal technical and business
experience to bring these developments to market. We’re looking forward to
building a strong team which will deliver practical yet creative solutions for today’s
industry challenges.”
Stuart Ferguson, CEO of FrontRow added: “The addition of Pragma to the
FrontRow Group significantly strengthens our market position by providing a
complementary offering in the production sector.
“FrontRow has made great strides since its inception last year; we’ve
made important acquisitions, appointed a strong senior leadership team for our
group companies and are vastly increasing our global presence.
“Pragma is a great fit with our objectives, combining innovation and
technology to deliver practical oilfield solutions and cost savings to the
customer. With a stellar management team, a significant contract already in
hand and a strong development and acquisition pipeline, there is much to be
excited about.”
Pragma is based in FrontRow’s Energy Technology Hub in Dyce, Aberdeen alongside existing group companies; Well-Centric, Well-SENSE and ClearWELL.
Please visit www.pragma-well.com for more information.