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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Young Taken on PESA Advisory Board

Hoover Container Solutions’ chairman and CEO, Donald Young, has been nominated and elected to the Petroleum Equipment & Services Association (PESA) Advisory Board for a three-year term.

US Navy Tests Latest Aegis Weapon System

The U.S. Navy conducted a series of cooperative air defense test exercises with the Spanish navy that culminated in live missile firing events using the latest Aegis Weapon System baseline July 20-21.

Antwerp Port CEO Scoops Baron Title

After 25 years as CEO of Antwerp Port Authority, Eddy Bruyninckx has been raised to the nobility by H.M. the king of Belgium with the rank of baron. In Belgium

Technology

Ithaca’s FPF-1 platform to be moved to Stella field

Ithaca Energy Inc. reports that the "FPF-1" floating production facility has completed the required inclination test as planned and departed the Remontowa shipyard in Gdansk, Poland.

Live Fish Carrier Launched at Gondan

At high tide, the vessel “MARTIN SÆLE”, the first Live Fish Carrier built by Gondan Shipyard in Figueras, was successfully launched today. Representatives of the owner of the vessel,

Wärtsilä Environmental Efficiency for Hybrid UK Ferry

A new ferry being built at the Cemre shipyard in Turkey for UK operator Wightlink will feature a comprehensive range of modern Wärtsilä equipment and systems to

Contracts

MOL Signs Long-Term Charter with Uruguayan JV for FSRU

Japanese shipping company Mitsui O.S.K. Lines, has, through its wholly-owned subsidiary Lakler S.A., agreed to conclude a charter contract with Gas Sayago, for

Team Britannia, GAC Inks Partnership Deal

As Team Britannia prepares for its bid to break the round-the-world powerboat record later this year, GAC has been named their official shipping and logistics partner.

Libya's PFG to Lift Terminal Blockades

Petroleum Facilities Guard has blocked terminals for months. Ras Lanuf, Es Sider terminals damaged by fighting. Libya's Petroleum Facilities Guard (PFG) will

Communication

INTERSCHALT Expands South American Network

INTERSCHALT maritime systems GmbH, a provider of services for communications, navigation and bridge equipment and the maker of voyage data recorder systems, has

KVH Promotes Bruun to COO

KVH Industries has  announced  that Brent Bruun, currently executive vice president of mobile broadband for the company, has been promoted to the newly created

25 Ports Win AAPA’s Comms Competition

The American Association of Port Authorities (AAPA) will recognize 25 seaports for exemplary communications projects and programs at its annual convention and awards luncheon this fall.

Middle East

Antwerp Port Inks Iranian Collaboration

Last week Antwerp Port Authority signed a collaboration agreement with Shahid Rajaee Port Authority which controls the port of Bandar Abbas in Iran.   Bandar

Hapag-Lloyd, UASC Merger

Hapag-Lloyd and UASC have signed a Business Combination Agreement.   The Combined company will rank among the world´s five largest liner shipping companies and

HMAS Darwin Returns from Middle East Deployment

Family and friends joined Chief of Navy, Vice Admiral Tim Barrett on the wharf at Garden Island, Sydney to welcome HMAS Darwin home from a successful Middle East deployment.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Pod Propulsion Ship Simulators 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: 0.1189 sec (8 req/sec)