This strategic partnership aims to promote Maxwell’s innovative Multilayer Low Friction on-pipe solutions to the North American market.
Houston, USA – June 23, 2023 – Maxwell Oil Tools LLC, a subsidiary of MAXWELL Group, and Citadel Casing Solutions LLC are pleased to announce their partnership through the signing of an agreement in the United States (Continental US, US Gulf of Mexico, Alaska). This strategic partnership aims to promote Maxwell’s innovative Multilayer Low Friction on-pipe solutions to the North American market.
Having already established a longstanding friendly cooperation, Citadel and Maxwell have now solidified their collaboration exclusively. Leveraging their combined experience of nearly 100 years in the Oil & Gas sector, the partnership will bring significant advantages to both companies. Citadel will expand and strengthen its product portfolio through the incorporation of Maxwell’s MCC (Multilayer Composite Component) solution. Meanwhile, Maxwell will benefit from enhanced market penetration and better customer support in the United States. With its MCC low friction solution, Maxwell has set new standards for quality, reliability, and performance within the industry.
“We are delighted to be associated with Citadel as this collaboration positions Maxwell as the first and only company in North America to offer a comprehensive range of low friction bonded multilayer composite solutions, delivering significant benefits to our customers and their ERD wells,” stated Mr. Dave Levie, Managing Director of Maxwell.
Through this partnership, Citadel is further enhancing its product portfolio by adding the essential component of low friction solutions, establishing itself as a one-stop-shop for North American customers. “We are excited to add Maxwell’s complementary technologies to ours and expand our joint solutions and technical expertise by partnering with the team at Maxwell,” said Todd Stair, CEO of Citadel.
About Citadel Casing Solutions LLC
Founded in 2016 by a team of industry experts, Citadel Casing Solutions is driven by the shared desire to surpass conventional practices, address casing technology limitations that others overlook, and propel casing technology into the 21st century through groundbreaking advancements. Citadel recognizes the critical importance of high-quality, reliable downhole tools. Its products are widely used worldwide. Embracing a culture of continuous innovation, Citadel introduces new technologies through internal R&D efforts and partnerships with international leaders such as Maxwell.
About Maxwell Oil Tools LLC
Maxwell Oil Tools is a leading designer and manufacturer of advanced composite centralizers and other tools for drilling and tubular applications. With over 25 years of industry experience, Maxwell is renowned for its revolutionary Multilayer Composite Component (MCC) technology, which combines high wear resistance with exceptionally low friction factors. Operating in Italy, Poland, KSA, and soon in UAE, Maxwell serves customers globally with its cutting- edge technology and manufacturing capabilities. Its superior fluid bypass technology addresses centralization and casing run challenges associated with today’s increasingly complex wells.
For further details, please contact:
Mr. Josh Linebarger
Citadel Casing Solutions
Phone: +1 303 304 7390
Mr. Christoph Raszczyk
Phone: +49 151 58 044 034