Asset One, a leading provider of strategic asset management solutions, is proud to announce the creation of a new and innovative business, Engenuity.
This new venture will focus on delivering smart engineering solutions tailored to meet the evolving financial and sustainability demands of the UK Continental Shelf (UKCS) energy sector.
This strategic move sees Asset One carve out its EPC (Engineering, Procurement, and Construction) and Fabric Maintenance division into an independent entity, Engenuity, in response to industry needs shaped by growing market pressures to operate at lower costs in a mature basin.
Engenuity is set to address growing challenges in the UKCS by providing low-cost high-value engineering solutions that emphasize efficiency, sustainability, and reliability.
Operating as a standalone business, Engenuity aims to bring a sharper focus to its integrated services, ensuring clients receive unparalleled expertise and support and a price which reflects the bigger picture.
Statement from Roy Milne, Managing Partner, Asset One:
“The launch of Engenuity marks an exciting new chapter for Asset One. The decision to carve out our EPC, Fabric Maintenance & Rope Access division reflects our commitment to meeting the evolving needs of the energy sector. The move will allow Asset One to dedicate focus on strategic asset management and unlocking efficiency for large plant operators across the globe."
“Engenuity is perfectly positioned to deliver tailored, innovative EPC solutions to our clients, especially as the industry adapts to new regulatory and financial landscapes. We are confident that this bold step will unlock immense potential for both businesses and help target sustainability and efficiency across the UKCS.”
Statement from Fraser Burnett, Operations Director, Engenuity:
“I am thrilled to lead Engenuity as we embark on this new journey. Our team brings unmatched expertise, and we are eager to collaborate with our clients to deliver smarter, more efficient survey, EPC & fabric maintenance solutions.
“The energy industry is at a pivotal moment, and Engenuity’s focus on adaptability and integrated solutions will ensure we remain at the forefront of addressing its challenges. We’re ready to take this exciting opportunity to shape the future of engineering services in the UKCS.”
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