qedi asset integrity software wins UK "overall global business" award

Friday, October 07, 2011

qedi, a company which provides asset management software and consultancy services for big projects, has won the "Overall Global Business" award at the October 6 "Northern Star Business Awards," made annually by the Aberdeen and Grampian Chamber of Commerce, Scotland.

The award is made for a company which "demonstrates excellent practice by attaining a prominent share of its global marketplace."

qedi helps with mechanical completion, commissioning and start-ups for large capital expenditure projects. "Mechanical completion" in this context means getting plant ready for commissioning, not putting components into a well.

qedi has grown annual revenue from £10m to over £60m in 5 years, and created 200 new jobs in the past 12 months.

The company develops its own suite of software tools called "GoTechnology", for managing technical and asset integrity. It is used by many oil and gas companies, engineering and procurement contractors, the company says, "integrating traditional oilfield skills with computing technologies."

qedi is owned by engineering giant AMEC.

The company is working on more than 40 major capex and operational oil and gas projects in Australasia, the Caspian, the Gulf of Mexico, Alaska, West Africa, Europe and the North Sea.