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Upstream oil and gas testing laboratory with premises in the UK for sale due to intended retirement of the MD from management of the company. Specialising in flow assurance measurements, drilling fluids testing and QA, general production chemical selection and testing, reservoir fluids testing, hydrocarbons analysis and sponsored R+D. Laboratories fully equipped with mainly bespoke facilities, test equipment and technologies to evaluate fluid properties and chemical requirements.
Client base mainly small to mid-cap exploration and production companies and project engineering companies. Existing wide client base and contracts throughout UKCS, Europe, Africa, Asia and Australia.
For sale as on-going concern requiring new management to take the existing business forward or as a fully equipped oil and gas test facility for a variety of entrants to the industry.
£60,000 per annum
Industrial Estates Aberdeen and Wareham
Leasehold offices and laboratories at each location
Overseas markets and locations, field engineering and building on flow assurance services
Limited competition from other analytical laboratories
Owner intending to retire to at most part time involvement
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