MAATS Tech
MAATS Tech is following a general trend in the oil & gas sector at present in adapting its model from traditional sector offerings to a heightened emphasis on renewable opportunities Writer: Matthew Staff Project Manager: Josh Hyland Over the past year-18 months, MAATS Tech has encountered challenges on numerous fronts, but has utilised these tough times to galvanise the business via fresh ideologies, new projects, and a more diversified outlook on the opportunities that oil & gas offers. Back in 2016, the Company foresaw such challenges amid a global sector slowdown, with it then looking to leverage expertise across marine engineering in order to negotiate the overall downturn. Working closely with customers and vendors to strengthen its overall service remit, a period of consolidation was set to ensue across many of its divisions; including ship design and build, installation and commissioning of bespoke equipment for handling, storage, offloading of flexible pipe systems, and a host of new value-add services. The Company’s Founder and Managing Director, John Holt noted back then: “All companies operating within the oil & gas market are closely monitoring developments in order to adjust their business strategy accordingly; and MAATS Tech is no different. With the US currently not importing and Iran about to begin exporting its oil, no one has the answer yet to the surplus challenge, and a vote of confidence may be a little while coming. “It is with this in mind that we have shifted our focus and gained a foothold in the cable-laying business for energy companies, while…
MAATS Tech Ltd
All Eyes on Consolidation Writer: Emily Jarvis Project Manager: Josh Hyland Leveraging its existing expertise in marine engineering to diversify during the current oil & gas downturn, UK-based MAATS Tech Ltd has been working closely with customers to strengthen its service offering as part of a wider consolidation strategy. Having developed into a major player in the offshore engineering and marine design industries over the past 27 years, MAATS now offers a range of refined turnkey specialisms; including ship design and build, through to installation and commissioning of bespoke equipment for handling, storage and offloading of flexible pipe systems, as well as a host of new value-add services. The Company’s Founder and Managing Director, John Holt introduces: “All companies operating within the oil & gas market are closely monitoring developments in order to adjust their business strategy accordingly; and MAATS Tech is no different. With the US currently not importing and Iran about to begin exporting its oil, no one has the answer yet to the surplus challenge, and a vote of confidence may be a little while coming. It is with this in mind that we have shifted our focus and gained a foothold in the cable-laying business for energy companies, while also remaining open to exploring alternative engineering-based markets where our fully-qualified teams can transfer their knowledge of flexible pipe handling over to cable handling.” This strategic move has coincided with an internal restructure of the organisation, with the aim of boosting the team’s commercial awareness in order to improve how business enquiries are handled…
