Jan-21-2016 | Oxand strengthens its activity on the American continent by opening a subsidiary in Houston (USA)
After Calgary and Montreal, Oxand’s historical points of presence in North America since 2007, we have just created a new subsidiary: Oxand Inc. in Houston, USA.
This is a highly strategic choice: Houston is the Oil & Gas world capital and Oxand has continuously expanded its presence in this market over the last 10 years. Our expertise spans across multiple domains from upstream to downstream, such as well integrity (over 600 wells analysed), maintenance operations, ageing and integrity of fixed structures, life extension, abandonment, etc. Oxand also plans to enter the nuclear and capital infrastructure market to respond to the needs of organisations confronted with the ageing of their assets.
With the setup of Oxand Inc, our Company accelerates its penetration of the US market for our risk-based solutions, supported by the Simeo™ software platform and we are proud to announce our first license sale in December 2015 for a nuclear site in the USA.
“This local presence in such an important place as Houston warrants the high interest demonstrated by the Oxand Group for the Oil & Gas market, in spite of the current downturn of the industry,” declares Dr. Eric Deliac, Executive VP Energy & Global Development at Oxand and CEO of Oxand Inc. “Not only are we anticipating a recovery in the not too distant future, but we also want to be positioned for all our market segments, including Nuclear and Large Assets”.
John Fosdick, recently appointed Director of US Operations for Oxand Inc., explains: “As companies seek to drive down risk and uncertainty in their capital intensive assets, we see our value of independent assessment and risk informed decisions modeling coming to the forefront in 2016 to optimise life cycle performance. Our rich base of subject matter experts covers the spectrum of managing ageing, life extension and decommissioning which provides our client’s with clarity and conviction as they balance risks and costs.”