SACRAMENTO, CA: October 26th, 2016 / — TNG Enterprises Inc. (“TNG”) announced today that it has signed an agreement with Geothermal Energy Research and Development Co. Ltd (“GERD”), a Japanese geothermal consultancy recognized for delivering valuable R&D, project management and highly technical geothermal services in Japan.
This agreement brings TNG’s geothermal wellhead equipment repair tool (GWERT) otherwise known as their rigless valve change solution into Japan to service its geothermal capacity of over 530MW supported by hundreds of geothermal wells, many of which need some type of wellhead maintenance or intervention. TNG’s global geothermal experience and active Asia Pacific presence in the Philippines and Indonesia partnered with GERD’s in-depth Japanese geothermal portfolio and customer relations made this an ideal and strategic growth initiative for both entities.
[Pictured] Bryan Greuter, President of TNG Energy Services meeting with Dr. Okabe of GERD at the GRC Annual Meeting and GEA GEOEXPO+ in Sacramento, signing our agreement to work together in Japan.
“We are excited about the opportunity to serve Japan’s geothermal market and to expand our brand further throughout Asia. With the support of GERD leadership, introducing TNG’s proven rigless valve change solution will open new avenues for growth and service offerings to Japan. This new service capability will deliver convincing value to customers around the world,” said Patrick Hanson, Director, Sales and Marketing at TNG. “Our agreement will introduce a safe, cost-effective and highly mobile valve change solution that will enable Japan to re-capture and maximize its geothermal resources on a well-by-well basis.”
Dr. Haruya Nakata, President of GERD said, “GERD is very interested in working together with TNG to introduce the valve change solution to the Japanese market.”
About TNG Enterprises Inc. TNG is a leading family of geothermal service providers focused on wellhead and valve sales, inspection, service and repair. For nearly 20 years, TNG has been committed to excellence through superior customer service, unmatched quality of equipment and the highest safety standards. TNG is the only rigless geothermal wellhead repair company in the industry, offering an economic and efficient wellhead repair service that can mobilize anywhere. For more information, please visit http://tngenergyservices.com
About GERD Geothermal Energy Research & Development Co., Ltd. was established in November 1975 under the auspices of the former Ministry of International Trade and Industry (MITI) GERD have participated in the research and development of geothermal technologies, and have strived to introduce foreign cutting-edge geothermal technologies to offer consulting services and information. For more information, please visit http://www.gerd.co.jp/info01-e.html
TNG Energy Services, Inc