Strategic Partnerships
Tiway has developed a number of strategic partnerships with oil and gas producers
and regional and international service companies to bring technical solutions
to the regions in which it operates. Many of these strategic partnerships have been
formed through Lime Rock Partners, a global private equity firm and the primary
investment partner in Tiway. These partnerships include relationships with over
40 portfolio companies, from niche oil service technology companies to international
energy service companies to E&P companies using advanced technologies in North America,
Europe, and elsewhere.
Recent strategic partnerships include:
- Agreement with local regional well services company to introduce unprecedented level
of quality logging, drilling, and production services to Tiway’s core regions.
- Sharing of enhanced field recovery best practices with technical leader in the field
in Eastern Europe.
- Working closely with production logging technology company to introduce new noise
and temperature logging to the region to improve oil and gas recovery.
Tiway is using these strategic partnerships and others to unlock value of its current
projects and be a better operator for future farmed-in and acquired projects.
Tiway is also seeking strategic partnerships with oil and gas operators and license
holders to bring its international experience and local expertise to help them discover
the full potential of their resources.