Sunday 24 March 2019

Clarke Shepherd, global business development
director, Oil Plus

British group Oil Plus wins key Middle East contracts

UAE, April 17, 2018

UK-based Oil Plus, a specialist global oil and gas consultancy, has secured contracts worth more than $1.5 million over the past three months and has significantly expanded its footprint in the Middle East.
The company has also reported a strong start to the year with sales up by 285 per cent compared to the last quarter of 2017.

Due to the surge of new business, the company which employs in excess of 30 people, plans to recruit another eight over the next 12 months, said a statement from Oil Plus.
The contracts will see the company deliver reservoir souring modelling, production chemistry and iron sulphide studies for several international oil companies in Saudi Arabia, Kuwait, Brazil, Thailand and Europe, it said.
Oil Plus has gone from strength to strength under its new ownership and management team having achieved significant growth since it was acquired by Mark Cavanagh last year, it added.
Since 1978, the company has worked with more than 250 upstream oil and gas companies in key disciplines of production chemistry, microbiology, specialised reservoir souring and process engineering.
Clarke Shepherd, global business development director, Oil Plus, said: “The market has been looking strong during the first four months of 2018 and although trading is still tough, we are extremely confident about the year ahead.”
“We have a robust pipeline of potential projects and plans are in place to expand into new international markets as well as concentrating on areas we have proven to be successful,” he said.

“Over the next 12 months, we’re targeting sustained and supported growth within our core business areas and looking to expand our engineering services,” he added.
“Over the past six months we have established a number of partnerships in the Middle East which will help to drive our business forward and promote the bespoke approach we take to solving complex production issues,” Shepherd concluded. – TradeArabia News Service

Tags: | Middle East | UK | contracts | Oil Plus |

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