Further growth at Viper Subsea
A Portishead based advanced engineering firm has seen sales of a core product double since Christmas.
Orders of Viper Subsea’s award-winning V-LIFE Insulation Resistance Improvement System have doubled since Christmas 2014.
V-LIFE is a standalone device that acts as both a preventative measure and an active ‘healer’ to low electrical insulation resistance.
It is being used around the world, including in Australia and Vietnam.
Neil Douglas, Managing Director of Viper Subsea, comments:“V-LIFE is a proven technology which although relatively new is already delivering substantial savings for clients.
“This technology has come at the right time as oil prices fall around the world and operators look to make their operations more efficient while extending the life of their fields.
“It is fair to say that the current push for operational economy dictated by the drop in oil prices has benefitted the Viper Subsea business.
“This can be seen not only in the success of V-LIFE, but also in the growth in the business that has required recruitment of new staff, especially electronic and electrical engineers to support the V-LIFE deployments.”
In February 2014 Viper Subsea received the prestigious Innovation & Technology Award for V-LIFE at the Subsea UK Business Awards, and in September were also top in the Innovation category at the National Private Business Awards
Viper Subsea is a subsea engineering company that provides consultancy and manufactures engineering products in the UK which it sells to the oil and gas sector worldwide.
The company has its headquarters in Portishead, close to Bristol and has an office in Aberdeen.