---
title: "Enteq Upstream Plc (AIM:NTQ) Contract award"
publisher: "Share Talk"
author: "sharetalk"
published: "2017-12-08T09:21:13+00:00"
modified: "2017-12-08T09:21:13+00:00"
date: 2017-12-08
canonical: "https://www.share-talk.com/enteq-upstream-plc-aimntq-contract-award/"
category: "Energy"
categories: ["Energy"]
tags: ["Enteq", "NTQ"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1"
format: "news"
language: "en-GB"
---

# Enteq Upstream Plc (AIM:NTQ) Contract award

**Published:** December 8, 2017
**Author:** sharetalk
**Categories:** Energy
**Tags:** Enteq, NTQ
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1)

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Enteq, the oilfield services technology and equipment supplier, announces a contract from a new international customer.

On 7 December 2017, Enteq received confirmation and a cash deposit relating to an initial contract valued at $0.5m for operations in Indonesia. This is the first order Enteq has won in this territory. The contract is for using Enteq’s core MWD (“measurement whilst drilling”) technology in a geothermal application. The order will be delivered to the customer early in 2018.

**Martin Perry, CEO of Enteq Upstream plc, commented:**

“Enteq continues to develop new territories and applications for our equipment. This contract award represents the ongoing efforts to broaden the company’s market presence.

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