An Aberdeen-based IT software and services specialist has positioned itself for a period of strategic growth after securing two new contracts worth a total of £600,000.
Subscribe to our daily newsletter
Why? Free to subscribe, no paywall, daily business news digest.
The recently acquired work will see Adept Solutions implement tailored hydrocarbon accounting software to two new projects.
One will see the company support EOG in its new Conwy development, where oil from the field in the Irish Sea will be transferred to the ENI UK-operated Douglas platform in Liverpool bay.
Adept’s role will involve the implementation of software that will be able to both read the platform’s metering and allocate hydrocarbon output between ENI and EOG in accordance with pre-agreed arrangements.
The second contract is a project with DONG Oil Pipe A/S, a division of DONG Energy. This is set to be delivered in partnership with Accord Energy Solutions and is the company’s first foray into the Danish market.
The company will be involved with the implementation of software that will account for the exportation of hydrocarbons from DONG Oil Pipe’s existing and new customers, located in the Danish and Norwegian sector of the North Sea.
The hydrocarbons tapped from the fields are carried through a purpose-built pipeline owned by DONG Oil Pipe from the Gorm E platform to its onshore terminal in Fredericia, Denmark. In implementing an allocation regime developed by Accord personnel, Adept will have an integral role to play in the efficient and streamlined allocation of hydrocarbons being transported from both current and new fields into existing infrastructure.
Richard Alderson, managing director of Adept Solutions, said: “This calibre of contract win is fantastic for Adept Solutions and really does emphasis the quality of our products and service that we can offer.
“The EOG contract is pleasing as it highlights that there are still new fields and developments coming to fruition in British waters that Scottish companies can get involved with. Similarly, the work for DONG is the first substantial contract for us within the Danish markets and it’s an area we’ll be looking to embrace throughout the months ahead.
“With the current economic climate well publicised, hydrocarbon accounting is effectively more important than it ever has been and we’re keen to continue building momentum within the market place. We’re also set to add to our internal team here in Aberdeen in the coming weeks in response to an increase in demand for our services so we really are looking forward to what could be a fruitful year for us.”