New global business manager drives energy transition growth for DTI
UK-headquartered downhole technology specialist, DTI, has strengthened its management team with the appointment of a new global business development manager for energy transition technologies, to support strategic growth plans.
Matthew Gray, who took on the role at DTI this month (June), has more than 20 years experience within the energy sector, specialising in well completion, intervention, testing and abandonment. He will grow emerging product lines, initially for hydrogen and carbon capture applications and shape a new business division by catalysing new sector opportunities and relationships.
Based at the company's Aberdeen office, Mr Gray joins DTI from TEXO Group where he held the role of Head of Business Development, responsible for eight divisions, reporting to the group board. Prior to this, he worked in similar roles at Franks International, TIW, Enventure and Archer Oiltools after starting his career in technical wireline and MWD services at Halliburton and Schlumberger.
Part of the FrontRow Energy Technology Group, DTI holds around 14 patents or patents pending for innovative and world-first technologies and offers around 10,000 products for a range of well lifecycle applications. These include completions, workovers and EOR; well access and deployment; flow control; measurement, logging and testing; retrieval and cleanout and well abandonment. The company's products have been qualified and deployed in harsh pressure, temperature and corrosive environments so are highly transferable to wider energy sectors and the company's in-house design and manufacturing team are able to create new or bespoke solutions tailored to specific challenges.
This year, the company developed and delivered a new Annular Safety Valve (ASV) for a major hydrogen storage test facility in France. The valve ensures leak-tight gas sealing and can open and close in both directions, at full working pressure (to 5,000 psi), to allow for high-volume injection and production operations.
On joining DTI, Mr Gray said: "I have always been devoted to the energy industry and am very excited to be applying my skills to a new challenge which supports technology transfer into more sustainable sectors. CCUS, hydrogen and geothermal wells are a natural transition for oil and gas technology. It's important to look to the future but critical that we leverage existing know-how and field-proven solutions, which offer safety, efficiency and cost benefits to enable the growth of these low-carbon sectors."
Gary Smart, CEO at DTI added: "DTI has exceptional technical knowledge in the design and manufacture of in-well products. Applying this knowledge to developing cleantech sectors significantly de-risks technology deployment because our solutions have already been tried and tested in the harsh environments of oil and gas wells. This creates a great global opportunity for our people to support the energy transition and with Matthew's help we're looking forward to engaging in a variety of exciting new projects."
DTI's UK headquarters and manufacturing facility are in Dorset, its innovation and R&D hub is strategically positioned in Aberdeen, Scotland and it has a global network of offices and agents covering Europe, North and South America, the Middle East, Africa and the Asia-Pacific.