OPEX has continued to evolve from a predictive maintenance services firm to a leading provider of AI solutions.
OPEX Group founded
Company launched to provide a range of predictive maintenance services for the oil and gas industry.
R&D into the field of predictive analytics
Field trial of X-PAS™ predictive analysis service underway with Nexen covering gas compression on Buzzard, the largest offshore asset in the UKCS.
X-PAS™ field trials successful
Field trials prove successful in reducing system trips and improving reliability. Scope broadened to include additional critical production systems.
X-PAS™ service launched commercially
X-PAS™ implemented as a service across new customers/assets. The company begins automation of X-PAS™ and the creation of data science tools.
Continued investment in team and cloud infrastructuure
Technology development continues aimed at productising the X-PAS™ service and encoding lessons and lateral learning gained during continuous field experience.
Emissions reduction field trials begin
Further investment in AI development to create emissions reduction application. X-PAS™ continues to roll out to further assets and becomes an integral part of customers' daily operations.
OPEX enters new sectors and launches new AI tools
Emissions reduction AI product launches with energy efficiency module. OPEX enters midstream and launches a range of new AI tools.
AI product roll outs continue
X-PAS™ relaunched as AI-driven product with pre-built modules. emissions.AI extended to cover flaring and venting. OPEX broadens growth strategy to downstream, petrochemical and renewables.