Specialist business to support energy industry launched by engineering firm

Humber-based engineering solutions provider, Technica, is setting up a new company to elevate its expertise in the energy industry.

Technica Measurement intended to draw on the established firm’s capability in fiscal metering and flow measurement of liquids and gases.

The experience provided is vital in ensuring accurate understanding of product volumes in storage, terminals and pipelines, critical for the high value transactions involved in exploration, extraction, transportation and generation.

It is seen as a timely move, given the re-energised roll-out of highly efficient gas power stations, development of hydrogen production and carbon capture and storage, and ongoing requirements of the traditional hydrocarbons sector.

Maintenance, operation, verification and consultation will be key strands of the new business.

Technica was founded by John Davison 21 years ago and has been providing measurement support services to companies such as CESL+ and Gassco.

Engineer Marc Baynham, together with Steve Stocks – who has just been welcomed to the Grimsby-headquartered company – will on leading roles in the new venture.

Baynham, technical director, has successfully overseen the development of the measurement capability within Technica for the past three years.

Stocks, operations director, brings 25 years of experience, joining from a FTSE-250 entity with a background in oil, gas, chemicals and pharmaceuticals.

He is a member of the Energy Institute and an active participant in hydrocarbon management committees, taking a keen interest in fiscal, allocation and environmental measurement systems to ensure energy security and transition.

Richard Law, business development director at Technica, becomes managing director of the new company. He aims to build a team of 10, alongside the existing 60-strong team at Technica.

He said: “This is an exciting step and one we felt was right for the team, the business and the industry. We are providing a contemporary service delivered with traditional values.

“Technica Measurement believes in long-term relationships with our clients and people. We want clients to have total trust that our valued and motivated team will deliver excellence and accuracy in everything we do. As an independent, specialised operation, we can do just that.”

Davison, who began his career as an apprentice, is now managing director of the enlarged group.

He added: “We have a strong body of work, more in the pipeline and we see huge potential with the development of the hydrogen economy, emergence of carbon capture and storage and further investment in gas.

“We didn’t want to hide the leading industry insight we have in our ranks under a bushel, and are keen to empower those who are playing a pioneering role in a vital element of the industry.

“This is the solution we have engineered and look forward to taking it to market, while continuing to serve our long-standing clients as a trusted partner.”