Zenith Boosts Research, Development Capabilities
Zenith has strengthened its research and development capability with the formation of a special technology group that will keep the company at the forefront of leading-edge monitoring solutions and completion systems.
The move follows Zenith's recent acquisition of Ziebel UK Monitoring Group (formerly Axon Instruments, the downhole systems, sensors and digital instrumentation specialist) and a 30% growth in business which has seen the company move into brand new headquarters in Thainstone Business Park, Aberdeenshire.
Last year, Zenith invested over £1million in the development of new technology and the special technology group, led by former Ziebel engineering manager David Shanks, will focus resources on developing leading-edge technologies that will optimize oil and gas production and maximize reserves in oilfields around the world.
Greg Davie, managing director said, "Zenith has grown rapidly during the economic downturn and this is attributable to our continual drive to deliver technology that solves real problems faced by our customers. We are now the leading independent developer of downhole monitoring systems that enable reserves to be produced more efficiently and profitably.
"Year on year we increase our investment in R&D - a commitment which differentiates us in the marketplace and ensures we remain at the forefront of our field."