Oil & Energy - Edinburgh, Scotland, United Kingdom
UK-based LUX Assure specialises in developing novel chemical monitoring technologies for the oil and gas industry. The company uses its life sciences background to supply one-of-a-kind solutions and aims to be the world leader in providing new technology to monitor difficult-to-detect chemicals used by the oil industry. LUX Assure currently has offices in Edinburgh, Aberdeen and Dubai. With a focus on innovation, the company has developed a number of technologies for monitoring corrosion and hydrate inhibitors, tracers, and oil in water. The company's major successes have been its game-changing CoMic™ and OMMICA™ technologies, which have been key in transforming the company from an R&D focussed company to a high quality service provider. LUX Assure's CoMic™ and OMMICA™ products form the core of the company. CoMic is used to deliver improved corrosion management by enabling optimisation of chemicals used for corrosion protection, while OMMICA offers a simple method to monitor hydrate inhibitors. CoMic and OMMICA are making commercial sales, including repeat orders, and both are already being sold outside the UK. LUX is now targeting global sales. The latest investment will also allow the company to develop other opportunities in their portfolio targeting the oil and gas sector.
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