Zenith Oilfield Technology operates in the artificial lift sector of the global oil and gas industry, providing ground-breaking technologies to boost well recovery.
The Aberdeeenshire headquartered company has generated export sales exceeding £75 million since it launched in 2004 and has grown international sales by 60% in the last two years.
Zenith has invested heavily in research and development, with more than £1.2 million annually towards the development and commercialisation of game-changing technology now being used all over the world.
Greg Davie, Managing Director of Zenith Oilfield Technology said: "We are honoured to receive the Queen’s award for the second time. It is testament to the hard work and commitment of the great team of people we have at Zenith. Our big focus going forward is delivering the game-changing tools that will continue to take us into emerging oil and gas regions and investing in our growing team."
Some of Zenith’s trailblazing technologies include ‘XT’, a system that monitors oil and gas well pressure and temperatures at up to 500 Celsius. It has also pioneered ‘Z-Sight’ – a well surveillance tool that gathers crucial information from wells and automatically processes it providing key data and real time recommendations to well management teams enabling an efficient optimal oil recovery process. The technology is a major step forward into the realms of the automated digital oilfield for the artificial lift branch of the oil industry.
The system’s production boosting abilities have been proven in recently completed well trials in South America where production was significantly increased by 30%.
In Middle East well trials, two unplanned shut downs were instantly recognised using Z-Sight’s remote access, and production was brought back on line quickly reducing deferment of production and related costs.
With 80 staff, operating out of 30 countries and through exhibiting their New Technology Showcase at international trade shows, Zenith’s international reach continues to expand.
Zenith Oilfield Technology
Thainstone Business Park, Inverurie Aberdeenshire, AB51 5GT Scotland
Tel: + 44 (0) 1467 628866
Fax: + 44 (0) 1467 629857
Keith Kettlewell, Sales Director, Zenith Oilfield Technology