Petrobras Formally Approves AFGlobal MPD Technology

Company primed to enter Brazil market with revolutionary Active Control Device

HOUSTON, TX, December 9, 2019 – AFGlobal today announced that its Active Control Device (ACD) has been approved by Petrobras for use on their wells in Brazil. This approval follows rigorous testing review at the Company’s Advanced Technology Center in Houston, Texas.

“This is a pivotal milestone for AFGlobal, and we are very proud to have our technology recognized and approved by Petrobras, a global leader in deepwater MPD,” commented Mark Mitchell, President – Oil & Gas for AFGlobal. “We are very committed to the continued development of novel products for managed pressure drilling.”

AFGlobal is an oil and gas OEM specializing in technology, products, and services with fully-integrated manufacturing capabilities to clients around the world. AFGlobal also offers a broad range of manufacturing capabilities with a variety of both highly-engineered and general forged products, as well as complementary aftermarket services. Headquartered in Houston, Texas, the Company delivers value through multiple facilities worldwide.