August 30, 2014 2:45 AM ET

Energy Equipment and Services

Company Overview of Managed Pressure Operations International Ltd.

Company Overview

Managed Pressure Operations International Ltd., an oilfield services company, provides managed pressure drilling (MPD) and continuous circulating systems for onshore and offshore drilling markets in the United States and internationally. It also offers engineering and design services, including riser pressure control and riser closure equipment design; sub sea equipment component modification and sub sea engineering; risk assessments, hazids and hazops, and safety cases and bridging documentation; well design, including transient dynamic multi phase hydraulics modeling and drilling fluid selection; MPD equipment and process specification; process and instrumentation drawing design; and opera...

Neocleous House

195 Makarios III Avenue

Liamassol,  3608

Cyprus

Founded in 2008

Key Executives for Managed Pressure Operations International Ltd.

Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
Chief Technology Officer
Vice President of Operations
Compensation as of Fiscal Year 2014.

Managed Pressure Operations International Ltd. Key Developments

Managed Pressure Operations Signs Contract to Deliver Managed Pressure Drilling Systems and Riser Gas Handling Services to Repsol Sinopec Brazil

Aker Solutions' subsidiary Managed Pressure Operations will deliver managed pressure drilling (MPD) systems and riser gas handling services to Repsol Sinopec Brazil. The parties agreed not to disclose the value of the order. The three-year contract comes with an option for an additional two years of services. Repsol will use the equipment at an ultra-deepwater operation in the Campos Basin. The riser gas handling system helps control wellbore fluids during offshore oil and gas drilling. It detects an influx of gas into a drilling riser and diverts the gas to prevent a blowout. MPD technology improves drilling performance and safety. The riser drilling device seals the area around the drill pipe during drilling operations. Integrating a riser drilling device with a riser gas handling system enables MPD drilling operations. The contract has been booked as order intake in the second quarter of 2013.

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