Flexible Pipe Specialist on Pace for £1Million in First Year

Posted by Michelle Howard
Wednesday, December 11, 2013
FlexTech Engineering Director, Craig Keyworth

Flexible pipe specialist FlexTech said it has surpassed its first year turnover target of £500,000 just six months after start-up and anticipates reaching £1million by the end of the year.

Flexible pipe expert Craig Keyworth established the Aberdeen-based company in March of this year, after operating as a flexible pipe consultant for a number of years prior.

Mr. Keyworth, who is also FlexTech’s Engineering Director, said, “We are building a great track record of developing bespoke solutions to individual challenges, project managing complex design scopes, delivering on schedule and on budget.”

FlexTech’s core business is the successful delivery of flexible pipe and riser engineering projects, offloading systems and integrity management and inspection. It also has a range of innovative products designed to facilitate ease of installation, ensure operational integrity and prolong the life of the flexible in field.

The company moved to new premises in September 2013, representing a six-figure investment in a new office as well as specialist software and infrastructure. The company also has a half-acre research and development facility in Lincolnshire, with a further one acre to allow for future planned expansion.

Within its initial six months, FlexTech has completed work and supplied equipment globally for a range of companies from U.K. and international operators as well as installation contractors, with a number of high profile jobs scheduled for 2014.

Mr. Keyworth continued, “The business has been a long-term plan and we have a wealth of internal practical experience and a team driven for success, both for the clients and for ourselves as an organization. The ultimate aim is for a reputation as a company capable of delivering on all flexible pipe requirements. We are a highly skilled, dynamic company and pride ourselves on our solutions-based approach and ability to adapt quickly and professionally to our clients’ needs whatever or wherever they may be.”

FlexTech currently has a team of six subsea and marine specialists and aims to add a further eight employees within the next 12 months. It has recently recruited two new directors, who, along with Mr. Keyworth, boast more than 50 years’ experience in the oil and gas industry among them.

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

People & Company News

U.S. Navy Contracts 12 Rapid Response Skimmers

Kvichak Marine won a US Navy contract for 12 30-ft.Rapid Response Skimmers (RRS) for delivery over the next 18 months, with options for up to 30 additional skimmers to be delivered through 2019.

DP World Receives 1st Scheduled Vessel at New Terminal

DP World has yesterday welcomed the first scheduled vessel to call at its new Container Terminal 3 in Jebel Ali, Dubai, as it gears up to serve customers at the state-of-the-art facility.

Kalmar 5th Generation Gloria Reachstackers Enter US

Kalmar, part of Cargotec, is launching its highly acclaimed range of reachstackers, called Gloria into the Americas. The eagerly awaited launch follows the successful

Offshore

Rederij Groen Takes Delivery of 7-Waves

Rederij Groen’s entire SRSV fleet built by Damen Maaskant Shipyards Stellendam. Dutch offshore services company Rederij Groen has taken delivery of the 7-Waves,

New Oil Field Found in British North Sea

GDF SUEZ E&P UK Ltd and BP today announced a new exploration discovery in the UK Central North Sea. The discovery, which spans GDF SUEZ operated block 30/1f

Three Dead in Offshore Platform Accident

Three workers were killed and one is still missing after an accident at one of the offshore oil and gas platforms in the Caspian Sea in Azerbaijan, Azeri state energy company SOCAR said on Thursday.

Finance

UASC Targets Expansion to Beat Container Market Blues

UASC expects to reach volume of 2.35 mln TEU in 2014 Global carriers still struggling with weak conditions United Arab Shipping Company (UASC) is on a major expansion drive,

Ecoships Claims 15% Ship Efficiency Gain

Ecoships introduced a customized version of the Six Sigma DMAIC approach to process and performance evaluation in order to optimize the energy-efficiency of the vessels under its management.

Singapore Bunker Meter Mandate Targets 'Frothy Fuel'

Singapore, the world's biggest bunkering port, plans to end the so-called "cappucino effect" in ship fuelling through new meters designed to stop suppliers from short-changing customers,

News

Rederij Groen Takes Delivery of 7-Waves

Rederij Groen’s entire SRSV fleet built by Damen Maaskant Shipyards Stellendam. Dutch offshore services company Rederij Groen has taken delivery of the 7-Waves,

UASC Targets Expansion to Beat Container Market Blues

UASC expects to reach volume of 2.35 mln TEU in 2014 Global carriers still struggling with weak conditions United Arab Shipping Company (UASC) is on a major expansion drive,

Ecoships Claims 15% Ship Efficiency Gain

Ecoships introduced a customized version of the Six Sigma DMAIC approach to process and performance evaluation in order to optimize the energy-efficiency of the vessels under its management.

 
 
Maritime Contracts Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Shipbuilding / Vessel Construction Sonar
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: 0.4543 sec (2 req/sec)