Hammertech secures repeat order for AquaField mud meters
Hammertech AS, a subsidiary of Nordic Technology Group AS (NTG), has received a substantial repeat order for its AquaField Mud Meters, valued at approximately NOK 4.1 million, from a major global drilling service provider. This order signifies a continued scale-up in the customer's use of Hammertech's technology following successful evaluations across various operational settings. The equipment will be deployed in both onshore and offshore operations, supporting enhanced operational insight and minimized manual handling.
The AquaField Mud Meters provide continuous, real-time measurements of both drilling fluid and solids content, even in demanding conditions. This next-generation technology enables operators to improve efficiency, enhance safety, and advance automated drilling processes, making it a pivotal solution in modern drilling workflows.
Kaare Lunde, chief executive of Hammertech AS, highlighted that the repeat order confirms the value their technology brings to drilling operators seeking higher-quality real-time data. Hammertech anticipates continued uptake through 2026 and expanding demand in subsequent years, driven by rising international interest and multiple ongoing customer evaluations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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