Talking about the Award win, Paul Church, Managing Director of Kaseum said “We are thrilled to win this year’s prestigious ICoTA Innovation Award for K-Cut, our innovative downhole cutting tool. K-Cut can be deployed on slickline or electric line and is used to cut downhole tubing and casing, without explosives or dangerous goods of any kind. This product line is the culmination of more than 4 years of research and development by our in-house engineering team based here in Aberdeen and winning this award is well-deserved recognition for our entire team’s efforts.
K-Cut is the latest addition to Kaseum’s suite of patented well-intervention technologies, used by more than 50 customers in more than 40 countries worldwide. Their technologies offer a step-change in reliability and safety, and reduced environmental footprint by eliminating explosives and chemicals from well-intervention and decommissioning operations.
15 November 2023