EV Opens Dubai Office

Marinelink.com
Tuesday, September 24, 2013

Downhole video technology specialist EV has recorded significant international growth by opening a new base in the Middle East, aiming to be the market leader in the region by the end of the year, estimating more than £1.25million ($2 million) in revenue in the region during its first year of operation.


 
EV, a company in downhole video applications for the oil and gas industry, has seen rapid international expansion over recent years. EV’s new Middle East office, located in Dubai, opened in April of this year to aid local operations as well as provide a regional presence for projects in the area.


 
Mark Wiltosz, EV MENA and Caspian area manager said, “We have seen an exceptionally high demand for our downhole video technology in the Middle East in recent months. The launch of our Dubai office follows the progress we have had in the region, with previous contracts successfully completed in Qatar, Abu Dhabi, Saudi and Oman.


 
“Through our on-the-ground presence, we want to see the service provided by EV to be part of regional projects including routine fishing programs and work over campaigns and have tools with most operators in the region. Being in Dubai allows us to provide our customers with the reassurance that we can produce valuable data using up-to-date problem identification methods with short lead times, resulting in an effective end result for the operator.”


 
The Dubai office currently has two employees and is currently recruiting for regional staff to cover the surrounding region including Saudi Arabia, Qatar and Oman. The office is currently securing a contract for long-term camera rental with a client in Iraq and has recently completed its first job in Pakistan.


 
Francis Neill, EV chief executive, said, “EV has been growing at a rapid pace in recent years and we are continuously looking at new global bases to increase our presence internationally. Our new Dubai office is set to support our increasing presence in the Middle East, playing a key role in the continued expansion of EV’s international reach. We are well on our way to generating over £1.25million (2 million USD)  in revenue in our first year of operating in the Middle East.


 
“EV’s recent investment into the new facility will allow the company to continue to meet client needs within the region with on the ground support, readily available equipment and improved communication.”


 
The firm is currently focussing on continued international growth with a push into West Africa and further growth in key markets such as Equatorial Guinea and Angola. It also plans significant new technology launches in the year ahead.
 


EV, which splits its headquarters between Norwich and Aberdeen, has a team of around 80 employees, 13 of whom work in the Aberdeen office. The company has 17 global bases.

 

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Andrews to Lead CWind’s O&M Division

Lee Andrews has been appointed as CWind’s new global head of operations for maintenance and asset management (O&M) services.   Andrews joins CWind from Siemens

US Orders Trawler with Common-Rail Technology

Tier II-compliant 32/44CR technology to deliver fuel efficiency, low emissions and improved productivity   MAN Diesel & Turbo has received an order for an MAN

Environmental Awards Recognize 84 Foss Vessels

With a combined 840 years without an environmental incident, 84 Foss Maritime and subsidiary companies' tugs and tank barges have been recognized by a major maritime

Technology

MSC Cruises Advance Onboard Wi-Fi System

MSC Cruises has started a fleet-wide optimization installed by Marlink to improve shipboard VSAT (Very Small Aperture Terminal) connectivity. MSC Cruises said it

New Training for Man Overboard Response

Falling overboard is a life-threatening emergency, not only for the person in question but also for those involved in their rescue. Every step in the rescue process

Sapurakencana Wins 3 Petronas Oil blocks

SapuraKencana Petroleum Berhad today announced that it has entered into Sale and Purchase Agreements to acquire the entire interest of PETRONAS in 3 blocks offshore

Contracts

Dutch Yards May Need to Rethink Contract Structures

Rotterdam-based law firm AKD said a recent decision of the Dutch courts means that shipyards in The Netherlands may no longer be able to rely on the right to retain

LR to Class Maersk Supply Service Anchor Handlers

The six vessels (plus four options) placed in the Norwegian yard will be assigned Lloyd’s Register (LR) class notations 100A1, Offshore Supply Ship AHTS, Fire Fighting Ship 1 (2400),

Egypt Eyes Suez Container Port Renegotiation

Egypt is trying to renegotiate an extension of an agreement worth $1.5 billion with Suez Canal Container Terminal which has a concession to run a port near the entrance to the canal,

Middle East

HMAS Success Deploys to Middle East

After months of preparation, HMAS Success departed Garden Island in Sydney today for a six-month deployment to the Middle East Region to provide logistic support

DGS Marine Advises Fixed Premium P&I Cover

DGS Marine, a leading global P&I management provider and exclusive manager for the British European and Overseas (BE&O) P&I facility, has highlighted the benefits

CMA CGM’s Seasonal Fruit Service Returns

The CMA CGM Group announced its Citrus Express seasonal service will start again in November. Spread over two rotations, this service enables to export citrus fruits

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Navigation Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
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: 0.2830 sec (4 req/sec)