MODEX ENERGY
Modex Energy was first incorporated in 2011 , in Hong Kong . Founded in China by Per Ingar Amlie , Paal Wilsgaard and Tore Ertzaas , it was perceived that there was growing demand in the offshore oil and gas market , for a dedicated manufacturer of service equipment . The market was beginning to expand after the financial crisis of 2008 , and the founders were not only thoroughly versed in the varying technical requirements of international oil service , exploration and production companies but also understood the equally important
aspect of capital raising . On these two pillars Modex has been able to expand at a breathtaking rate and today has a presence in USA , Norway , Singapore , Indonesia , Brunei , Malaysia , Australia , UAE and Brazil , and operations in Nigeria , Ghana and Saudi Arabia as well .
Amlie , who is now based at Singapore and overseeing the company ’ s operations in the Asia / Pacific region , believes that a key differentiator for Modex Energy is that it is the only truly integrated Cargo Carrying Unit ( CCU ) manufacturer and rental provider in the world . Unlike other
116 November 2015