Xodus Group Launches Ops in Middle East

Press Release
Monday, October 08, 2012
CEO Colin Manson and CFO Emma Merchant of Xodus Group

CEO and CFO to be based in new Dubai office.

International energy consultancy Xodus Group has invested £2million in launching a Middle East operation in Dubai as part of its global expansion strategy.

An initial team of 19 will be based in the company's new office in the Jumeirah Lake Towers area and will be investing in operations across the Middle East region while offering a full suite of integrated services with a strong focus on Total Field Development.

CEO and CFO of Xodus, Colin Manson and Emma Merchant have relocated to Dubai to help drive business in the region and support the company's aim to make the Middle East operational base one of the largest in the company.

Colin Manson said: "Xodus’ vision of having hub offices in all four regions across the world has come to fruition with the opening of our Dubai office. With the level of activity in the Middle East married with the exponentially growing East African market, we envisage to have more than 50 people by the end of 2012 and reach 100 people within the first year with an eye on expansion into Abu Dhabi and Oman. The Dubai base will be focused on servicing contracts across the gulf including Kurdistan and Iraq and our integrated field development expertise ideally places Xodus to support unique project challenges."


Xodus is currently delivering a number of Total Field Development and Integrated projects in the Middle East including a significant contract showcasing its integrated capabilities for Gulf Keystone Petroleum in Iraqi Kurdistan.

The field development project involves studies to address the key choices in the development of the Shaikan field.  It not only includes facility related choices but also wells and subsurface development work.  Shaikan is a major discovery with independently audited gross oil in place with resources of between eight and 13.4 billion barrels.

Aberdeen-headquartered Xodus Group launched in 2005 has grown to more than 450 people and a turnover of £38.5million offering integrated services covering both oil and gas and low carbon.

Xodus has invested significantly in expansion recently with offices in Houston, Nigeria, Perth, The Hague, Norway and in the UK. The board is actively seeking out further global expansion and is aiming for organic growth to reach 1,000 people by 2015 and also has an active acquisition strategy.

 

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Nabors Posts Quarterly Loss as Drilling Activity Slows

Offshore driller Nabors Industries Ltd reported a quarterly loss, hurt by lower drilling activity amid a slump in global crude prices.   The company posted a net loss of $891.

Crowley Ships Massive Electrical Equipment

Crowley Maritime Corporation’s liner services group recently transported two massive electrical equipment enclosures with a combined weight of 196,000 pounds to San Juan, Puerto Rico.

Maersk Drilling Secures Contract for Newest Drillship

Maersk Drilling was awarded a contract from eni Ghana Exploration and Production Ltd. for employment of the newbuild drillship Maersk Voyager.   The contract

Offshore

Nabors Posts Quarterly Loss as Drilling Activity Slows

Offshore driller Nabors Industries Ltd reported a quarterly loss, hurt by lower drilling activity amid a slump in global crude prices.   The company posted a net loss of $891.

Maersk Drilling Secures Contract for Newest Drillship

Maersk Drilling was awarded a contract from eni Ghana Exploration and Production Ltd. for employment of the newbuild drillship Maersk Voyager.   The contract

Floater Orders 2014

25 Units Orders in 2014:  10 FPSOs, 1 Barge, 4 FLNGs, 7 FSRUs & 3 FSOs The overall number of orders is similar to the average ordering pace over the past 10 years,

Energy

Nabors Posts Quarterly Loss as Drilling Activity Slows

Offshore driller Nabors Industries Ltd reported a quarterly loss, hurt by lower drilling activity amid a slump in global crude prices.   The company posted a net loss of $891.

Floater Orders 2014

25 Units Orders in 2014:  10 FPSOs, 1 Barge, 4 FLNGs, 7 FSRUs & 3 FSOs The overall number of orders is similar to the average ordering pace over the past 10 years,

Interview: Nakilat's Samir Bailouni

SGMF Membership - Uncovered: An interview with Samir Bailouni, Nakilat The Society for Gas and Marine Fuel (SGMF) recently interviewed one of its members, Samir

Logistics

Crowley Ships Massive Electrical Equipment

Crowley Maritime Corporation’s liner services group recently transported two massive electrical equipment enclosures with a combined weight of 196,000 pounds to San Juan, Puerto Rico.

Port Conference Comes to Hamburg

This year’s IAPH World Ports Conference will be held in Hamburg from June 1-5.   International representatives from business, politics and science will gather

Johan Sverdrup Contract to "Pioneering Spirit"

Statoil has signed a contract with Allseas for installation of three platform topsides on the Johan Sverdrup field.   The vessel will be installing the topsides for the drilling,

Consulting

India to Appoint Coastal Shipping Consultant

As part of Narendra Modi government plan to promote coastal shipping, India is all set to appoint a consultancy firm to assist the Shipping Ministry.    The

ST Engineering Y-O-Y Profits Slip

Singapore Technologies Engineering Ltd  reported today its full year financial results ended 31 December 2014 (FY2014) with a Group revenue of $6.54b compared to $6.

USCG Foundation Announces Scholarships

The Coast Guard Foundation, a non-profit organization committed to the education and welfare of Coast Guard members and their families, announced today that

 
 
Maritime Contracts Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 1.2799 sec (1 req/sec)