EthosEnergy Overview
Company Headquarters: Houston, US
Founded: 2014
Workforce: ~4,500
Company Working: EthosEnergy is an independent service provider engaged in providing rotating equipment solutions and services for industries, such as oil & gas and power generation. The company operates through two business segments— products and services. EthosEnergy offers its gas turbine services under the services segment. It also provides services for components including compressors, generators, light turbines, steam turbines, and transformers, under this segment. The company offers a comprehensive range of service solutions for gas turbines including maintenance, repair, overhaul, and life extension. Additionally, the company also offers services for gas turbines from manufacturers such as ABB (Switzerland), General Electric (the US), Siemens AG (Germany), Mitsubishi heavy Industries Ltd (Japan), and Westinghouse Electric Corporation (the US).
EthosEnergy has offices and facilities in over 45 locations, globally, including Australia, Canada, China, Germany, Italy, Oman, Qatar, Switzerland, and the US. The company has manufacturing units in ten locations, globally, including Italy, Poland, Thailand, the Netherlands, the UK, and the US.
Strategy
EthosEnergy focuses on inorganic growth by increasing its capacity to provide services for rotary equipment, which is seen in the numerous contracts the company gained in 2018 alone. It is also focused on growing its market share in the US, which is showcased by the company’s increasing number of offices and facilities in the US. In 2018, the company had about 17 facilities in the US. Additionally, as a key part of its strategy, the company is collaborating with major original equipment manufacturers to increase its market share in the gas turbine industry.
