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

People & Company News

Danos Adds Environmental Services

Danos recently added an Environmental Services Division to the company’s collection of oilfield related services, which includes production workforce, construction,

Asia VLCC Rates Could Nudge Higher on Activity

Rates for very large crude carriers (VLCCs) on key Asian freight routes could hold steady or gain next week as charterers seek to complete their vessel chartering

Danish Bunker Trader Joins GAC in London

GAC Bunker Fuels says it has appointed former GAC Denmark Shipping Assistant Ida Ryberg as a Bunker Trader with its UK team. Ryberg joins Andy Boichat and Resham

Offshore

Gulf Island Fab Sign Bechtel Offshore Cooperation Agreement

Gulf Island Fabrication, Inc. says it has signed a cooperative agreement with Bechtel Oil, Gas, and Chemicals, Inc. to work together to pursue opportunities for offshore projects for the U.

Farstad Offshore Vessel Squadron Chartered Out

Farstad Shipping ASA reports the following charter contracts, with a total value (including options) of approximately NOK 1.75-billion, as follows: Inpex has awarded

6 MW Offshore Wind Turbine of Siemens Certified

Siemens Energy has obtained type certification of DNV GL for the company's innovative D6 offshore wind turbine. The model Siemens SWT-6.0-154 is equipped with a modern direct drive generator,

Finance

Asia VLCC Rates Could Nudge Higher on Activity

Rates for very large crude carriers (VLCCs) on key Asian freight routes could hold steady or gain next week as charterers seek to complete their vessel chartering

Star Bulk Takes Delivery of First Capesize from JMU

Athens, Greece-headquartered Star Bulk Carriers says it has taken delivery of 'M/V Peloreus' a 182,000 dwt Capesize built by Japan Marine United (“JMU”) and the

Ardmore Shipping Secures Newbuilding Finance

Ardmore Shipping Corporation says it has signed agreements to upsize its existing senior loan facility with ABN AMRO Bank N.V., Nordea Bank Finland Plc, and Skandinaviska Enskilda Banken AB ("SEB").

News

HydroComp to Hold Propeller 'Mini-Workshop'

A special version of HydroComp's intensive Propeller Workshops will be brought to Tampa before the start of IBEX 2014.   The Mini-Workshop is a special version

Danos Adds Environmental Services

Danos recently added an Environmental Services Division to the company’s collection of oilfield related services, which includes production workforce, construction,

Asia VLCC Rates Could Nudge Higher on Activity

Rates for very large crude carriers (VLCCs) on key Asian freight routes could hold steady or gain next week as charterers seek to complete their vessel chartering

 
 
Naval Architecture Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
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: 0.1913 sec (5 req/sec)