Add Energy Secures Queen’s Award For Enterprise

Add Energy’s Asset and Integrity Management (AIM) division has been awarded one of the most prestigious business awards in the UK, it was announced today Tuesday, 23 April 2019.

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The Aberdeen-based company will be presented with a Queen’s Award for Enterprise at a ceremony at Buckingham Palace in the spring. The accolade is in recognition of achieving outstanding short-term growth in overseas sales over the last three years. 

 

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Peter Adam, Executive Vice President of Add Energy AIM, said:
“We are truly honoured to have been recognised in this way. There are few greater accolades for a UK business than the Queen’s Award. 

 “The expertise and products that we offer are ideally suited to unlocking value for energy firms and it’s a testament to the hard work and dedication of our team that we have been able to achieve this level of international growth, given the challenges faced by the oil and gas sector during that time. We look forward to working in partnership with our clients around the globe tocontinue to build on this momentum.” 

 

Add Energy is just one of 201 companies throughout the UK to be recognised this year, with eight businesses in Scotland gaining recognition in the International Trade and Innovation categories. 


UK Government Business Secretary Greg Clark said:
 
“These prestigious awards help shine a light on all that is great about UK business today. I am extremely impressed to see such a wealth of talent and innovation from across the UK being recognised today by Her Majesty The Queen.

“These awards recognise the innovative products and services being provided by British businesses that are in demand across the world, as well as the sheer determination and hard work that comes with starting and running a business. 

“Many of these winners are small businesses - the backbone of our economy – and we are backing them to grow, increase their productivity and create more jobs and opportunity across the UK through our modern Industrial Strategy.”



Between 2016 and 2018 Add Energy’s AIM division has seen earnings rise from £1m to £12.4m – a total rise of more than 1000%. The majority of activity has been international in regions including North America, the Middle East, Australasia, west Africa and Europe. The company has continued its trajectory in 2019 having secured over £3.6M worth of new business in the first quarter this year alone.

 

The company, which employs 130 in its offices in Aberdeen, Houston and Muscat, provides consultancy and software solutions which optimise asset performance including Oil and Gas, Power Generation and Chemicals. 

 

It is a division of Stavanger-headquartered Add Energy which provides consultancy and software solutions to the global energy sector.

Unique Group to exclusively represent Add Energy to provide asset and maintenance management solutions in the UAE

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Unique Group, one of the world’s leading integrated subsea and offshore solutions providers, has announced that it has entered into a key agreement with Add Energy Asset & Integrity Management to provide asset and maintenance management consultancy and software solutions to energy and manufacturing companies in the UAE.

Over the past 30 years, Norway-headquartered Add Energy has confirmed its position as a trusted service provider to the energy industry. Through this collaboration, Unique Group will offer clients specialised engineering solutions designed to increase safety, optimise expenditure and maximise plant performance.

The combination of consultancy and software solutions will mainly focus on performance analysis, CMMS data improvements, maintenance optimisation, materials management and operational support. As a business, Add Energy has a significant track record of delivering results in safety assurance, equipment reliability and uptime to clients including Shell, BP, E. ON, TAQA and other global energy providers.

Sharad Kumar, Group Director for Business Development at Unique Group commented on the partnership: “We’re pleased to represent Add Energy in the UAE, and together we can offer our customers robust solutions and specialised consultancy services that enable operations to be safe, compliant and efficient.”

Peter Adam, Add Energy’s EVP of Asset and Integrity Management commented: “Add Energy are proud to partner with Unique Group in delivering asset and maintenance management solutions to UAE operators. We believe that their local footprint and excellent track record within this region will provide a solid platform for growth, and most importantly, help operators to increase efficiency and considerably optimise operational costs.”

Add Energy Appoints New Vice President of its Asset and Integrity Management Division in the USA

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Add Energy, the international energy consultancy and software provider, has appointed a new Vice President to oversee the continued growth of its Asset and Integrity Management division in the USA and Canada.

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Susan Steyn will be based in the firm’s Houston office and will be central to delivering the division’s ambitious global expansion strategy. She will also be responsible for delivering recently won projects and adding value to clients by ensuring the right resources and infrastructure are in place.

 

Susan has more than 15 years’ experience in operations, supply chain, business development and engineering fields, in various energy industries including power, oil and gas and infrastructure. She has held numerous global senior positions in multi-national companies including, GE, Dow, Roche and Bayer.

 

Peter Adam, Executive Vice President of Add Energy’s Asset and Integrity Management division, said:
Susan brings with her a wealth of knowledge and experience from across the energy mix. She will play a critical role in delivering our global growth strategy and her insights will be key to supporting both our projects and management teams.

 “We have seen an increase in activity in the Canada and the Gulf of Mexico as well as throughout the USA. That, combined with our UK focus is providing significant opportunities for us and we’ll be working with Susan to ensure we capitalise on those.” 

 

Add Energy is on track to achieve their growth plans for 2019, having secured over $2.3M worth of new business in the first quarter of 2019 for their Houston and Aberdeen offices.

 

Susan, who holds a Six Sigma black belt and is fluent in multiple languages added:
I’m delighted to be joining Add Energy. The team’s knowledge of the energy sector and their passion for identifying ways to work more efficiently and more safely is impressive, as is their determination to grow globally.

 “The energy sector continues to face challenges and I’m looking forward to working with both the team and industry to help it become even more productive and reduce costs.

 

Add Energy’s Asset and Integrity Management division provides consultancy and software solutions which optimise asset performance including Oil and Gas, Power Generation and Chemicals. The company is active in Europe, Asia, North America, Canada and Australia.

 

In addition to this, Add Energy recently launched Aim-Hi™, a software designed to optimise maintenance expenditure and improves overall asset performance by providing significantly greater insights and control over key performance indicators such as preventative maintenance, corrective maintenance and emergency maintenance. Through deployment with different power, oil and gas and mining companies, the technology was found to have the potential to identify combined savings and increase revenue in excess of $2.6 (£2m).

 

Add Energy has a global Asset and Integrity Management team of 130 people based in Houston, Aberdeen and Muscat.

Add Energy Launches New Software to Optimise Maintenance Costs

Aberdeen-based maintenance and reliability consultancy provider, Add Energy, has joined forces with The University of Salford in Manchester to develop a new technology that will significantly optimise maintenance time and improve overall asset performance.

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The cloud-based software, Aim-Hi™, which is being officially launched today, 5th March 2019, is the culmination of five years of development. It provides real-time visualisation and data insights into asset performance, maintenance and risk across the energy and utility sectors.

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The software has already been deployed on 3 assets including a power generation plant, a mining and metals business and a gas processing terminal, where it has helped maintenance teams to save time and cost by expediting the traditionally complex and lengthy process of preparing KPI data manually, reduced corrective maintenance by 8% and halved the amount of time spent on emergency work.

 

Peter Adam, Add Energy’s Executive Vice President, said:
We have combined years of experience with the intelligence of our consultants and the algorithms we use to create this KPI management solution.  Aim-Hi™ puts asset and maintenance managers back in control - helping them make better, more informed decisions, plan more effectively and address unexpected events efficiently.

 

In addition to developing the software in partnership with the University of Salford, Add Energy also conducted multiple user group sessions with Uniper’s CCGT power plant, located in the Isle of Grain, UK. The maintenance team at this plant provided invaluable user feedback that enabled the tool to be tailored specifically to address the common issues relating big data faced by maintenance teams.

 

Aim-Hi™ not only provides greater transparency around key performance indicators, but it also enables users to understand why assets are performing as they are and make informed decisions based on reliable, up to date data.

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 The software focuses on five core areas of compliance analysis including; preventative maintenance, corrective maintenance, emergency maintenance, scheduled maintenance and planned vs unplanned maintenance compliance.

 

The approach to the design and utilisation of the software was to enable users to get what they need in no more than 3 clicks:

  1. With 0 clicks, users can see an overview of how they are performing

  2. With 1 click, users can discover more about a single KPI, including why they are not hitting their target

  3. And with 2 clicks, users can dig even deeper, and identify specifically what is causing the issue.

 

Aim-Hi™ uses graphs to display data enabling users to identify non-compliance instantly, and generates automatic text summaries, explaining what is going on in the graphs.

 

In addition to this, the software will automatically generate KPI reports for users, as often as they want. Ultimately, Aim-Hi™ will give you the top critical issues you need to go after, with specific data points that back it up.

 

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Aloysius Peter, Business Solutions Architect at Uniper Energy commented:
Aim-Hi™ not only tells you how you are performing against your KPI’s relating to maintenance, but, more importantly, it tells you the why behind them.

Gaining access to such insights at the click of a button, enables business to be more efficient by focusing on fixing issues, rather than manipulating data and spending excessive time investigating the reasons behind under performance.’’

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Julian Bass, Programme Leader of Computing, Science and Engineering said:
This has been a fantastic project for us to be involved with and we look forward to continuing our partnership with Add Energy on new software developments over the next few years.

As operating assets literally have tens of thousands of working parts which have to be maintained, according to a carefully optimised schedule, creating the Aim- Hi™ software was a real test of our ingenuity, and we are delighted it is working so well for Add Energy and its customers.

The partnership with Add Energy has enabled us to enrich our courses with syllabus updates, assignments and projects based on the issues actually confronted in the commercial energy sector. This improves the employability of our students and ensures our teaching is up-to-date and relevant.

In addition to this, the Knowledge Transfer Partnership (KTP) with the University of Salford and Add Energy was recently awarded an ‘Outstanding’ status from Innovate UK, which made us extremely proud. Very few KTPs achieve the accolade.”