Portishead based engineering firm triumphs at national business awards

Technology Innovation Award 2014Viper Subsea is celebrating after winning the Technology Innovation of the Year category at the National Private Business Awards 2014.

Viper is based in Portishead and provides consultancy and develops products for the oil and gas sector worldwide,

Neil Douglas, Managing Director of Viper Subsea accepted the award at a ceremony at the Guildhall in London.

The company’s V-LIFE Electrical Insulation Resistance Improvement System impressed judges with its innovation and proven commercial viability.

Neil comments: “V-LIFE is an important technology.

“We have deployed nine systems with a 100% success rate, with more being installed before the end of 2014.

“We were up against some very strong competition, but I believe the fact that we have achieved a scientific breakthrough which provides such a significant benefit to our clients as well as the vision which has driven the development of V-LIFE which most impressed the judges.

“We have developed a product that will be key to ensuring the oil and gas field operators can extend the operating life of their subsea assets. This award is something the team at Viper Subsea can be very proud of.”

Viper Subsea has enjoyed a 45% growth rate over the last 12 months.

The company says it already has an order book that indicates Viper Subsea will maintain this fast pace of growth during 2014.