Velentium Oil & Gas Division Sale
Focus is now on medical device design, development, and manufacturing
Velentium is selling its oil & gas division to ADV Integrity, a Texas-based engineering firm primarily focused on serving the oil & gas pipeline industry. The oil & gas practice primarily focused on high-pressure high-temperature (HPHT) test systems and automated monitoring for oil and gas, hydraulics, and pneumatics applications. Its test engineers pioneered new methods of remote sensing, reporting real-time intelligence, and conducting enhanced data analytics.
Dr. Chris Alexander, President and Founder of ADV Integrity, said, “We can now combine the strengths of our existing full-scale test and materials labs, along with the capabilities of our materials and analysis groups, to support a larger client base.”
