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SPEX

Energy & Resources • Scotland • Growth

Founded in 2009, Aberdeen-based SPEX has rapidly developed as a specialised service provider and innovator of energetics products. These services and products are targeted primarily to both subsea and downhole environments in the global oil and gas industry.

spex-innovation.com

Company
information

Total BGF investment

£5 million

Investment date

Mar 2014

Head office

Aberdeen

The financial support from BGF sped up our response, allowing us to invest in people, tools and manufacturing equipment while allowing SPEX to maximise the potential of existing technologies that the company believes will be transformational for well control. BGF's combination of capital and support was perfect for SPEX, and we were very pleased to welcome them on board.

Jamie Oag , CEO