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

People & Company News

Indonesia Expects Total to Decide on Mahakam within days

French oil firm Total  will decide how much interest it will retain from 2018 in Indonesia's offshore Mahakam oil and gas block over the next two days, the

Research Vessel Heincke: Serving Science for 25 years

7 July 2015. A quarter of a century old, with over 900,000 kilometres (488,842 nautical miles) logged and still on the cutting edge of science and technology:

Stena RoRo Charters Three Vessels

Stena RoRo has reached an agreement with the Finnish shipping company Godby Shipping to long-term charter their three RoRo vessels Misida, Misana and Miranda.

Technology

Indonesia Expects Total to Decide on Mahakam within days

French oil firm Total  will decide how much interest it will retain from 2018 in Indonesia's offshore Mahakam oil and gas block over the next two days, the

Research Vessel Heincke: Serving Science for 25 years

7 July 2015. A quarter of a century old, with over 900,000 kilometres (488,842 nautical miles) logged and still on the cutting edge of science and technology:

Water Conservation Measures at Panama Canal

The water levels at Gatun and Madden Lakes are currently well below the expected levels for this time of year. Based on a comprehensive analysis of historic data,

Contracts

Indonesia Expects Total to Decide on Mahakam within days

French oil firm Total  will decide how much interest it will retain from 2018 in Indonesia's offshore Mahakam oil and gas block over the next two days, the

G6 Alliance Extends Asia – North America Service

In response to market demand, members of the G6 Alliance today announced the below enhancement to improve the Asia – North America (East Coast) trade. NYK will

Stena RoRo Charters Three Vessels

Stena RoRo has reached an agreement with the Finnish shipping company Godby Shipping to long-term charter their three RoRo vessels Misida, Misana and Miranda.

Communication

Antwerp, Duisburg Ports to Upgrade Rly Link

The Port of Antwerp and duisport are intensifying their cooperation as the Port of Antwerp will participate in the existing rail shuttle service connecting the two ports.

Beier Radio is now Beier Integrated Systems

For 70 years, Beier Radio has provided engineering, sales, and service for marine electronics around the globe. As the corporation marks its 70th anniversary,

DPE is New Majority Shareholder in INTERSCHALT

Deutsche Private Equity GmbH (DPE) is set to become the new majority shareholder in INTERSCHALT maritime systems AG, the maritime software and services provider

Middle East

ASRY Inks UK Royal Navy Support Contract

ASRY and Babcock have signed a long term support facility agreement to provide ongoing services to the U.K. Royal Navy in Bahrain   ASRY (Arab Shipbuilding & Repair Yard),

San Leon Signs Moroccan Rig Deal

San Leon Energy signed a rig contract for the drilling of the El Aaiun-4 well on the Tarfaya conventional licence, onshore Morocco. The rig contract has been

Sanamar Launches 3 Tugs from New Yard

Sanmar’s new custom-built, general purpose shipyard at Altinova, Turkey, has launched three 60-metric-ton bollard pull tugs on the same day, less than five months since work first started at the yard.

 
 
Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | 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: 0.3281 sec (3 req/sec)