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Showing posts with label Flexlife. Show all posts
Showing posts with label Flexlife. Show all posts

Tuesday, September 6, 2011

Flexlife Expands Ops across South America

- Flexlife Expands Ops across South America

Tuesday, September 06, 2011
Flexlife

Flexlife has expanded its operations in Brazil to increase its capacity across South America.

The company is targeting initial revenue of approximately £4million per year, but that is expected to ramp up by 30-60% per year within two years.

As well as investing in new office accommodation in Rio de Janeiro at Rua Assembleia, Flexlife is manufacturing its ground-breaking integrity management products locally and offering a full assembly, deployment and maintenance service by staff based in the region.

The company has a suite of game-changing products to identify breaches in flexible pipes and repair them without interruption to production, a first in the 40 year history of the Oil & Gas industry.

Flexlife Chief Executive Stuart Mitchell said, "Flexlife is experiencing a period of significant growth and our new South American operation will expand our capability to offer specialised support to clients.

"Flexlife has continued to build on its reputation for offering a full subsea integrity and project management package, assisting clients to cost-effectively manage all of their subsea assets and infrastructure. We have built up high levels of expertise in deepwater markets and have a proven track record of providing a service that helps operators reduce risk in a cost-effective manner."

Leonardo Dias, Executive Manager Brazil, said, "Our aim is to establish ourselves in Brazil and also target work in Venezuela. We have recruited a team of engineering, technical and support staff who are all highly experienced in the Brazilian Oil & Gas market."

As part of a continuing global growth strategy Flexlife recently appointed Stephen Burgdorf as Vice President of Business Development for North America.

Based in Houston, Texas, he will focus on promoting Flexlife's award-winning offshore project and integrity management services to operators in the region.

A Newcastle base has also been opened in the last few months and the plans are in place to open an additional base in Angola.

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Tuesday, July 19, 2011

Flexlife Opens New Base in UK

- Flexlife Opens New Base in UK

Tuesday, July 19, 2011
Flexlife

Flexlife has opened a new base in Newcastle and plans to recruit 25 staff by the end of this year, rising to 50 within 18 months.

The award-winning company has appointed Andrew Lake as Director of Operations in Newcastle. He is a Chartered Engineer with more than 30 years experience, including senior roles at Soil Machine Dynamics, BPP Technical Services and Wellstream International. He holds a 1st class Mechanical Engineering degree and is a Member of both the Institute of Mechanical Engineers and the Association for Project Management.

As well as attracting new recruits into the industry, Flexlife believes the location will be a draw to many workers who commute weekly to Aberdeen and other energy hubs at present. The office is at the newly developed Baltic Place on the quayside near to the Millenium Bridge.

Chief Operating Officer John Marsden said, "We know from our experience that there is a talented pool of highly-skilled staff in the Newcastle area and we are hoping to tap into that. We have the best team in the industry and are confident we will quickly attract the same caliber of staff for our Newcastle office. We are already off to a great start with Andy taking charge of our operations in Newcastle."

Mr. Lake said, "Flexlife is experiencing a period of significant growth and the new office will expand our capability to offer specialized support to our clients. The choice of Newcastle for this latest expansion recognizes the skills in the region and will be a new addition to the growing subsea sector in the North East of England."

Mr. Marsden added, "Flexlife has continued to build on its reputation for offering a full subsea integrity and project management package, assisting clients to cost-effectively manage all of their subsea assets and infrastructure. Looking ahead, the Newcastle office will provide us with the capability to expand our range of services to include front end engineering design to support the ongoing work for our clients."

Flexlife reported an increase in turnover of more than 50% for year ending 2010/11, with a rise from £4.8million to £7.5million. A further rise to £17.8million is predicted for 2011/12.

As well as the new office in Newcastle, Flexlife has moved into premises in Brazil and taken on a new global HQ in Aberdeen. The company also operates in Africa, the Far East and Mediterranean and staff numbers globally are expected to reach 120 by the end of this year.

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