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Zenith scoops SME300 newcomer award

Zenith scoops SME300 newcomer award
ZENITH Oilfield Technology, based at Inverurie, is celebrating today after scooping an award at a ceremony in Glasgow last night.

ZENITH Oilfield Technology, based at Inverurie, is celebrating today after scooping an award at a ceremony in Glasgow last night.

The company won the best newcomer award in the SME300 Awards, after being listed as one of the top 300 small and medium enterprises in Scotland for the first time.

Zenith operates globally in the oil and gas industry, and attributes most of its growth to international sales.

Its top overseas markets are the Middle East, north and west Africa, the Far East, Australia and the Americas and in three years it has developed new markets in Brazil, Argentina, India and Russia.

Co-founder and managing director Greg Davie was at the ceremony to collect the award on behalf of the company. He said: “This has been an exceptional year for Zenith. Entering the SME top 300 for the first time is a reflection of our success in international markets, where our business strategy has always been focused.”

Zenith designs, develops, assembles and supports technology related to the gathering and analysis of downhole data and the design of well-completion equipment.

Also a winner, in the best small SME 300 category, which recognises a firm with a turnover of £5-£10million, was Optima Solutions.

The Aberdeen company specialises in rig cooling equipment and was founded by managing director Jamie Oag.

A third north-east winner out of seven categories was Dundee-based Insights, a learning and development company. It took the award for best SME 300 business leadership.

The company, which helps firms and organisations in 20 countries to get the best out of their employees, was founded by Dundee father-and-son team Andi and Andy Lothian.

Clients include some of the world’s best-known brands and blue-chip organisations, including Boeing, BP, Microsoft and Xerox.

Insights employs about 240 people worldwide but is committed to keeping its base of operations in Dundee.

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