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NEL Projects' Value Exceeds 2016's total

NEL Projects' Value Exceeds 2016's total

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18 October 2017

Success across several recent funding bids and commercial contracts has meant that, as of end of July 2017, NEL had already exceeded last year’s performance in terms of the value of projects underway.

"This is great news,” says Head of Sales & Marketing Andrew Fisher. "There has been significant investment in multiphase research recently and the wider business is going well too.”

As UK experts on flow measurement, NEL has had success securing research funding under the European Metrology Programme for Innovation and Research (EMPIR). The NEL team has also won significant funding from the government’s Industrial Strategy Challenge Fund (ISCF).

"Funding success has given us a strong foundation of work for 2017,” says Alison Crawford, NEL’s financial Controller. "Although underlying conditions in the oil and gas sector are still challenging, we have a strong order book and lots of interesting projects in the pipeline.”

Current research projects focus on issues that will bring significant benefits to business, such as the roll out of greener vehicle fuel options. NEL is also involved in the development of measurement harmonisation between multiphase flow metrology testing facilities. The projects dovetail nicely with the £16-million investment NEL is making in new facilities and with its on-going Flow Programme work.

To further drive NEL’s business development, Thomas McCudden has recently joined the organisation.  "My role will be Global Business Development Manager,” Thomas says. "I will be helping to develop new clients, build new relationships and ultimately win new business for NEL.”

Before joining NEL, Thomas was responsible for developing a successful sales strategy for subsea technology for global deepwater projects within the oil and gas sector.