[HOUSTON, December 8, 2023] — MEYER, a leading name in the oil and gas industry, is pleased to announce its strategic acquisition of Fabritech MS, a company specializing in Blowout Preventers (BOPs); which also has the current licenses 16A, 6A, ISO 9001 and API Q1. This marks the creation of MEYER-Fabritech, a venture poised to be the go-to experts for BOP solutions.

Blowout Preventers (BOPs) play a crucial role in ensuring safety and efficiency in oil and gas operations. Recognizing the vital importance of expertise in this field, MEYER has taken this significant step to enhance its capabilities and broaden its offerings in the BOP sector.

MEYER-Fabritech brings to the table a wealth of knowledge and experience in BOP systems. With a deep understanding of the complexities and critical nature of BOPs, MEYER-Fabritech is positioned to be the dependable partner for all BOP-related needs.

"Our commitment to safety, efficiency, and excellence has always been at the forefront of our operations," said Gregory Meyer, President at MEYER. "With the formation of MEYER-Fabritech, we are reaffirming our dedication to providing top-notch BOP solutions to our clients. Our team of experts are ready to deliver outstanding service and support, ensuring that our clients can trust us for their BOP requirements."

MEYER-Fabritech offers unrivaled expertise, ensuring that clients receive the highest level of workmanship and service. From understanding precise specifications to troubleshooting issues and ensuring compliance with industry standards, MEYER-Fabritech is committed to excellence at every stage.

For those in need of trusted BOP solutions, the choice is clear – MEYER-Fabritech. Clients can rest assured that they are partnering with a company that prioritizes safety, quality, and efficiency.

To learn more about MEYER-Fabritech and explore how they can assist with your BOP needs, please contact:

Michael Lopez

mlopez@meyernow.com

Stay tuned for the launch of the new MEYER-Fabritech website, scheduled for early next month, where clients can access valuable information and resources.

About MEYER-Fabritech:

MEYER-Fabritech is a joint venture formed by MEYER and Fabritech MS, two respected names in the oil and gas industry. With a specialized focus on Blowout Preventers

(BOPs), MEYER Fabritech combines expertise, experience, and commitment to deliver top-tier BOP solutions to clients in the oil and gas sector. MEYER-Fabritech currently posses the following licenses:

API 16A-which covers Adapters, Annular BOP, Drilling Spools and Spacer Spools, Ram Blocks, Packers, and/or Top Seals and Ram BOP’s.

API 6A-which covers Chokes, Blind and Test Flanges, Tees and Crosses, Top Connectors, Adapter Spools & Spacer Spools, Gate, Ball, Plug Valves, Check Valves at PSL1, PSL2 and PSL3.

API Spec Q1 and ISO 9001

###