GREAT YARMOUTH, United Kingdom – June 22, 2011 — The Artificial Lift Company Ltd. (ALC), a leading artificial lift service company in the oil and gas industry, has announced the expansion of its premises in Great Yarmouth, which further consolidates its commitment to Norfolk and its operations in the United Kingdom.
To further grow its global reach, ALC, which has an existing presence in the U.K., is investing in a new 5,500 square foot facility in the town. It is designed to accommodate increased manufacturing, assembly, repair and testing activities, along with supplying additional office space and support services. The new facility is located next to existing world-class well test and prototype test facilities.
ALC is expecting to generate up to 10 new posts over the next 12 months, bringing the workforce to more than 20. As part of its investment, new testing and assembly equipment will be installed that will further enhance the firm’s capability and growing worldwide reputation as a leader in rigless ESP (electrical submersible pump) technology and services.
ALC is based in the U.K. and in Houston, Texas, and is expanding rapidly with offices in Dubai, Bahrain, Kuala Lumpur and deployment facilities in Anchorage, Alaska.
Chief Executive Officer of ALC, Alex Kosmala and Mayor of Great Yarmouth, Barry Coleman, officially opened the new premises on Friday, June 17.
Kosmala said, "Since ALC established itself in Great Yarmouth six years ago, the company has invested heavily in the research and development of our award-winning ESP technology. Great Yarmouth has been good for the business and we have benefited from a loyal, highly skilled and experienced workforce. ALC plans to continue to invest in the local community and economy as we grow our manufacturing, assembly, repair and testing activities."
Mayor of Great Yarmouth Barry Coleman said, "I am delighted to open this extension and welcome ALC's commitment to and investment in Great Yarmouth. The energy sector has played a central role in the life of the town for decades and the council and partners have responded by doing everything they can to provide a supportive environment for multi-national companies such as ALC."
Coleman added, "Great Yarmouth offers investors the warmest welcome. We have a professional team centered at the Borough Council, which is truly committed to support the energy sector. We would like to think that the success of the sector is due in no small part to this approach."
Founded in 2004 by Geoff Kimber-Smith and Phil Head and benefitting from a recent investment from Lime Rock Partners, ALC is a leader in rigless ESP technology and services, providing reliable, practical, innovative, and cost-effective solutions to ESP operators worldwide. ALC currently has customers in the United Kingdom, United States, the Middle East and North Africa region and is in advanced discussions to bring its ESP solutions to the Asian market.
Powered by ALC's proprietary motors, the company's rigless ESP solution is designed to avoid rig costs and deferred production while waiting for a rig. The technology allows for full bore access, once the ESP is removed and for live well deployment and retrieval. This ultimately lowers operating and power costs for operators.
Media Contact
Angelica Nelson
Fifth Ring for ALC
+1 713 457 2125
About ALC
Artificial Lift Company is a leading artificial lift service company based in the United Kingdom that develops and delivers innovative and cost-effective artificial lift systems to the oil and gas industries. The aim of ALC is to provide rigless solutions to artificial lift employing technically advanced motor and downhole electrical connection systems. To learn more, please visit www.alcesp.com.
About ALC RIGLESS ESP
ALC's Rigless ESP system significantly extends the life of a well and reduces maintenance costs. The system has been deployed successfully several times in West Texas, USA.
