Graphene Nanochem announce their first order for graphene-enhanced oil drilling fluid

In November 2013 Graphene Nanochem announced it will soon start selling their graphene-enhanced PlatDrill drilling fluid. Today the company announced it signed the first contract to supply PlatDrill to a national oil company.

The initial deal is to deliver about 1,000 tons of PlatDril, and it is worth £1 million ($1.7 million). Scomi Oiltools helped winning this order. Graphene Nanochem says it is confident it will meet the market expectations for 2014, and they see "substantial revenue increases from 2015". The customer performed several stages of testing and validation of this new fluid to ensure successful deployment.

Posted: Jul 02,2014 by Ron Mertens