Aberdeen-based oil and gas consultancy Maxoil Solutions has enjoyed an extremely successful 2010, as its plans to grow its global presence continue to develop.
What are the strengths of the company?
Maxoil Solutions provides a range of process engineering and production chemistry consultancy services to the global oil and gas industry to enable clients to optimise process performance.
We achieve this by holistically applying effective knowledge to new projects and operating assets gained from actual operations experience. We have a wide range of specialist areas of expertise, such as operations assurance, flow assurance, fluids separation, produced water management, sand and solids mitigation, gas treatment and transport, plant troubleshooting, advanced diagnostics and de-bottlenecking.
What progress have you made expanding into international markets?
In Europe, Maxoil is expanding into the Scandinavian market through its Norwegian subsidiary Maxoil Norge AS, which was formed in 2008, and is increasing its presence in both Perth, Australia, and Malaysia, in an effort to capitalise on the growing Far Eastern and Australasian markets.
We've already secured an exclusive agency agreement in Malaysia with specialist oil and gas technical and engineering services provider, Dialog Systems, which sees its full range of services offered in the major oil and gas hubs throughout the Far East, and now has a dedicated resource working on its behalf in Perth.
Maxoil also has an office in Houston which was set up in 2005 in response to an increase in demand for work in the Gulf of Mexico and Alaska. We've recently employed a new business development manager for the Americas and transferred an additional process engineer from Aberdeen to the USA to help grow the business in this area.
How has this expansion translated into financial performance?
2010 is looking set to be the most successful in Maxoil’s six-year history with turnover up 37 per cent for the first six months of the year compared to the same period in 2009, and significant contracts secured in the North Sea, Australasia, Alaska, Gulf of Mexico, Eastern Europe, China and South America.
Have you had to increase staffing?
We've recently recruited five new personnel, within both the process engineering and production chemistry disciplines, bringing the total number employed around the world to 25. The firm is also actively seeking senior, experienced process engineers and continues to offer exciting graduate opportunities to suitable candidates.
How do you see the future for Maxoil Solutions?
I'm positive about its future. A major element of our growth strategy has always been to expand our global reach by establishing bases in other key countries. Having built a reputation within the UK market for applying a holistic approach to troubleshooting and process optimisation that delivers practical and cost effective results, we have been keen to replicate these services further afield.
This year has certainly been an exciting one for the company so far as we have looked to build our presence in Stavanger, Kuala Lumpur and Perth – in addition to consolidating our existing offices in Aberdeen, Bergen and Houston – and we look forward to further growth and success in the future.