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FlexTech Engineering Ltd has been announced as one of 3 finalist for the SubSea UK Awards 2017 for best small company of the year. The award recognises excellence in overall company performance in the subsea sector, the judges will base their decision on the company’s development and impact, as well as plans for the future success of the company. Small companies are defined as having less than 50 employees and a turnover of less than £6.5 million. The award winner will be announced at the Subsea UK dinner on Thu 2 Feb 2017.

As part of its ongoing growth and development strategy, flexible pipe specialist FlexTech has invested £500,000 into a new manufacturing and fabrication base in Lincolnshire. Since its inception in March 2013, the Aberdeen based company has achieved turnover of £1milllion, and it is on track to reach £2.5million by the end of year two.

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We’re happy to announce we have signed a contract for flexible pipe installation with Ocean Installer in a £500,000 deal. FlexTech will deliver the detailed design of a flexible pipe installation spread as well as installation analysis and project support to Ocean Installer, a subsea contractor specialising in subsea installation and engineering and construction services.

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Flextech are one of the 27 outstanding candidates up for Most Promising New Business, at the 15th Annual Grampian Awards for Business Excellence.

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Flexible pipe specialist FlexTech has surpassed its first year turnover target of £500,000 just six months after start-up and anticipates reaching £1million by the end of the year. Flexible pipe expert Craig Keyworth established the Aberdeen-based company in March of this year, after operating as a flexible pipe consultant for a number of years prior. Mr Keyworth, who is also FlexTech’s Engineering Director, said:

“I’m very pleased with the company’s initial progress. We are building a great track record of developing bespoke solutions to individual challenges, project managing complex design scopes, delivering on schedule and on budget.”

FlexTech’s core business is the successful delivery of flexible pipe and riser engineering projects, offloading systems and integrity management and inspection. It also has a range of innovative products designed to facilitate ease of installation, ensure operational integrity and prolong the life of the flexible in field.

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