Former Centrica and BP boss Iain Conn has joined the board of industrial flow control specialist Oxford Flow.
Oil and gas pressure control valve firm Oxford Flow has moved into new office space following an increase in staff numbers.
An oil and gas stalwart has launched a multi-million pound fundraiser to bring a “world-first” technology to the sector.
Former chief financial officer at Shell, Simon Henry, has been announced as one of a group of investors in oil and gas pressure control equipment firm, Oxford Flow, raising more than £6million.
The 3.6 million miles of pipelines that support the flow of oil and gas throughout upstream, midstream and downstream operations are among the most vital systems underpinning the entire industry. Yet surprisingly, the components of these pipelines are an area where engineering innovation has remained largely unchanged for decades. And while a three-year downturn has rightly triggered a cautious and conservative approach, the nascent recovery is sharpening the focus on the small details that could cumulatively make a big impact on efficiency, productivity and the bottom line.