Coretrax Technology Limited, an Aberdeen, Scotland, UK-based-based energy services business, received a £3.5m financing from the Scottish Loan Fund (SLF), managed by Maven Capital Partners.
The package will allow Coretrax to expand its existing Middle East operation.
Established in 2008 and led by Kenny Murray, Managing Director, Coretrax offers a wide range of downhole tools and services with applications across the well life cycle, including well bore clean-up, completion and abandonment, to the global oil & gas industry.
Customers include blue-chip international customers as well as North Sea operators.
FinSMEs
26/02/2014