AnTech

Sector:
Engineering

AnTech Second ImageOil services company

Founded in 1992, AnTech operates globally across two divisions, supplying products and services to the Upstream Oil and Gas Industry.

AnTech has a strong design heritage and focusses on developing quality products that meet the highest industry standards.

In 2013, AnTech launched its Coiled Tubing Drilling (CTD) Service division delivering cost effective and flexible directional drilling services to customers, utilising its proprietary drilling tools and systems.

Rationale

AnTech has operated profitably since inception and with the support of a strong management team is set for major growth in the coming years.

Demand for AnTech’s range of patented products, coiled tubing equipment and state-of-the-art Directional Coiled Tubing Drilling Service continues to rise, reflecting the company’s expansion both in the UK and overseas, with particular focus upon the Middle East and USA.

Saudi Aramco Energy Ventures (the corporate venturing arm of Saudi Aramco) invested alongside Calculus in the initial fundraising. AnTech aim is to fund the expansion of its directional drilling tools and focus particularly on Services division roll out.

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