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11 Dec 2018 | 13:29

Enteq Upstream to develop new product via QDC collaboration

Oilfield services technology company Enteq Upstream said it had formed a new commercial collaboration arrangement with Texan services company QDC.

The partnership would see the pair develop an innovative integrated measurement while drilling directional sensor, for little incremental development cost to Enteq, the company said.

'The collaboration demonstrates Enteq's commitment to remain competitive and innovative through new product introductions from both internal engineering investment and partnerships,' chief executive Martin Perry said.

At 1:29pm: (LON:NTQ) Enteq Upstream share price was 0p at 21.5p

Story provided by StockMarketWire.com
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