OPEX Sees Opportunity for Growth

Tuesday, July 12, 2011

Aberdeen-based Operational Excellence (OPEX) Group Ltd, a company that serves the oil and gas industry, has won new business worth more than £500,000 ($791,700) in the last month and is targeting turnover exceeding £1 million (nearly $1.6 million) in its first year of trading.

The company was inaugurated in August 2010 after receiving a seven-figure commitment from entrepreneurial investment company Enerco Venture. OPEX is working with a range of international oil and gas companies, including locally-based Premier Oil and Talisman Energy.

In addition to maintenance services, OPEX also offers technology that enables operators to visualize how their topsides are being operated and maintained.

Enerco Venture was formed by Jamie Bennett in 2010 to encourage the next generation of oil and gas entrepreneurs and its commitment to OPEX was the company’s first deal.

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

People & Company News

Euronav Posts 62% Core Profit Increase

Belgian crude oil shipping group Euronav on Wednesday unveiled a 62 percent rise in first-quarter core profit as daily rates for its fleet rebounded from last year.

Modern Solutions Power Systems Conference

Thomas Alva Edison, who is considered to be one of the most prolific inventors in history, once said, “I find out what the world needs. Then I go ahead and try to invent it.

MSI Develops LNG Bunkering Safety Training

The Maritime Simulation Institute in Middletown, Rhode Island is developing a liquefied natural gas (LNG) bunkering safety training course. The first session, which is expected to begin in June,

Finance

Euronav Posts 62% Core Profit Increase

Belgian crude oil shipping group Euronav on Wednesday unveiled a 62 percent rise in first-quarter core profit as daily rates for its fleet rebounded from last year.

CNR: Innovation Maintains US Naval Advantages

An interview with Rear Adm. Matt Klunder, U.S. Navy Chief of Naval Research What are your near term, mid-term and long term science and technology (S&T) objectives?

BIMCO: Positive Economic Developments Benefits Shipping

The recovery of the Eurozone continues as job creation returns across the region. The hiring of more staff indicates that manufacturing and service industries believes

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators
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: 0.1683 sec (6 req/sec)