Dubai-based Well Test & MPD equipment firm focuses on next stage of growth

A self-contained trailer mounted well test package sits outside the companies Jebel Ali facilityA self-contained trailer mounted well test package sits outside the companies Jebal Ali facility.Magnum Technology Center (MTC) describes itself as a 'one-stop shop for completely-engineered offshore and onshore Well Test and Managed Pressure Drilling equipment solutions

The equipment manufacturing and packaging firm, a wholly-owned subsidiary of the WOM group (Worldwide Oilfield Machine) has experienced rapid growth since its formation just three years ago.

According to Brian Finnigan, general manager at MTC, the company's single biggest selling point is its ability to deliver the right product faster than its rivals thanks to the massive operational experience base of its team and its multi-faceted approach to managing the manufacturing of its advanced delivery packages.

“The average delivery period of our competitors is between 16 to 20 weeks for a package item, but as we start manufacturing and customising equipment for our clients well in advance of the start of the normal ordering process we are able to deliver complete packages in less than half that time," explains Finnigan.

From its facility in Dubai's Jebel Ali Free Zone, the company also stocks equipment components and spare parts to support their clients further by being able to build non-stock equipment items to complement their stock build packages in the same delivery timeframe.

Being based in the Jebel Ali Freezone also brings to MTC the logistical advantage of being able to ship its products regionally and globally on container vessels as all of its offshore and onshore package items have been designed to be shipped as a container or in a container.

“Our rapid delivery to market concept improves massively the capability of our clients to meet the ever reducing deadlines required to remain competitive in the current Oil and Gas operating and service sector,” Finnigan further explains.

MTC’s key markets stretch across the wider Middle East, East Africa, Asia, Europe and as far as South America, and it has also been eyeing up the growing West African E&P market, while some of its products have made it as far as South Africa. It has also doubled its year-on-year revenue in the last three years.

"One of the biggest advantages we have is that we have grown organically year on year helped hugely by being a part of the WOM Group of Companies," remarks Finnigan. "We want to continue to improve the product deliverability combined with increasing our market share to allow us to hit the next level in our development."

The firm is currently doubling the size of its 12,000 sq m Jebel Ali facility with a carbon copy of its current facility being built on the adjacent plot.

"We are also striving to bring forward new products that will complement MTC's existing product range," says Finnigan. "We are going into a new phase of expansion that should be evident within the next six to nine months."

"We hope to bring more global business to our table as being based ourselves in the free zone allows us to centralise our equipment stock and ship it rapidly on a global scale," he adds.

An innovative approach to design, along with the freedom of being a Dubai Free Zone company and the trust of its backer, WOM has led MTC to enter into the next exciting stage of its development from its logistically-favourable base in Jebel Ali.

Find out more about MTC's operations by visiting its recently-launched company blog: http://www.mtcltd-blog.com

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

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