Dunedin Executes $117.29m EV Buyout
an approximate increase of $32.24m in turnover from 2010 to 2014. EV's sees 85% of its revenues currently generated overseas. “Lime Rock Partners’ backing over the last four years has enabled EV to grow by a factor of 20 and establish operations from Alaska to New Zealand,” said Francis Neill, EV Chief Executive. “Moving forward we are very excited to have Dunedin joining the team. The backing will enable EV to further grow its business around the world, adding us to the list of the UK’s world class oilfield service companies.” EV recently opened a new technology
EV Honored for Success in International Trade
Trade, which recognizes companies that have demonstrated growth in overseas business. EV won for its accomplishments in international activity following continued global growth and expanding from a solely U.K.-based company three years ago to one that currently operates in 12 countries. Francis Neill, EV chief executive, said, “We are deeply honored to receive this award, as the Queen’s Awards are held in the highest esteem. This is a huge achievement for us, and we are delighted that our path of sustained growth and number of international bases has been recognized." Neill
EV Wins Offshore Achievement Award
accolade at the 28th Offshore Achievement Awards at a ceremony in Aberdeen. EV won for its accomplishments in international activity following continued global growth and expanding from a solely U.K.-based company three years ago to one that currently operates in 12 countries. Francis Neill, EV chief executive, said, “We are honored to receive this award, and proud that our international bases and experience have been recognized. We have focused on a path of sustained growth to reach this level of internationalization and have done extensive research into all of the markets
EV Sees International Expansion
effective end result for the operator.” The Australian office currently has three employees. EV is constantly developing its product range to meet client requirements, as well as Slickline and Electric Line cameras, the company plans to introduce a drillpipe camera in the upcoming months. Francis Neill, EV chief executive, said: “EV has been growing at a rapid pace in recent years and we are continually looking at new global bases to increase our presence internationally. “The launch of the Australian office is set to increase our presence in the region, allowing us to meet the
EV Launch Offshore Well Intervention Video Line Equipment
. It has been designed for well integrity inspection and monitoring of downhole corrosion and mechanical damage and has successfully completed a wide run of 100 field trial jobs in Canada before becoming commercially released in the North Sea Gulf of Mexico, Saudi Arabia and Australia. Francis Neill, EV Chief Executive, said: “The launch of our Optis HD Electric Line camera demonstrates a significant advancement in the application of wellbore camera technology, which we are delighted to bring to the global well intervention market. “The technology has the capacity to stream
EV Opens Dubai Office
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
February 2024
