Startups
SPEX provides innovative technology solutions and services to the global oil and gas industry. Its unique, process-driven approach, based upon intelligent efficiency, generates innovative solutions for clients at an accelerated pace but with no compromise on quality.
Its multidisciplinary in-house team and state of the art engineering and modelling capabilities enable it to deliver a full product life cycle to its clients, from concept to completion. Tools are then serviced in the field. It is the only SME in the sector with this end-to-end capacity.
It operates via two key divisions:
• SPEX Engineering provides engineering design and analysis, rapid prototyping and testing for new technologies.
• SPEX Offshore provides a range of innovative products and bespoke solutions to the industry in areas including pipe cutting and recovery and wellhead abandonment using explosives engineering.
Clients range from super-majors (e.g. BP, Shell and Total) to large service companies (e.g. Schlumberger, Baker) and SPEX is active in regions including the UKCS, Middle and Far East, and Gulf of Mexico.
Its multidisciplinary in-house team and state of the art engineering and modelling capabilities enable it to deliver a full product life cycle to its clients, from concept to completion. Tools are then serviced in the field. It is the only SME in the sector with this end-to-end capacity.
It operates via two key divisions:
• SPEX Engineering provides engineering design and analysis, rapid prototyping and testing for new technologies.
• SPEX Offshore provides a range of innovative products and bespoke solutions to the industry in areas including pipe cutting and recovery and wellhead abandonment using explosives engineering.
Clients range from super-majors (e.g. BP, Shell and Total) to large service companies (e.g. Schlumberger, Baker) and SPEX is active in regions including the UKCS, Middle and Far East, and Gulf of Mexico.
Overview
Total raised
$8.37M
Founded date
2009
Investors 1
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Funding Rounds 1
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Mentions in press and media 1
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Reviews 0
FAQ about SPEX
When was SPEX founded?
SPEX was founded in 2009.
How much funding has SPEX raised?
SPEX has raised $8.37M in total across 1 funding round.
Is SPEX still active?
Yes, SPEX is active; its latest activity on Parsers VC dates from Mar 6, 2014.