Xodus Contracts Worth $2.6M
Tuesday, January 17, 2006
Less than six months after its launch, Xodus Group, an oil and gas consulting and engineering firm, has won more than $2.6 million worth of contracts.
Xodus Group, which is aiming to secure a significant share of the oil and gas consulting market, has already been awarded work from major companies including BP, Talisman, Total, Shell, SGS, Marathon, Petro-Canada and Amerada Hess.
The company, based in Aberdeen, started with three employees, and the contracts have created a further 32 jobs across the three divisions of the group – Xodus Technology, Xodus Oil & Gas and Xodus Subsea. By the company's first anniversary in September, it expects the payroll to have risen to 60.
The group, which has attracted almost $3.5 million in investment, is supported by the Royal Bank of Scotland.
The company employs engineers from six countries including Nigeria, Iran and Venezuela in positions ranging from graduate trainee to senior consultant.