Oiltech

Houston, United States Founded: 2008 • Age: 18 yrs
Offers engineering and project management for oil, gas, renewable energy, and petrochemical industries.

About Oiltech

Oiltech is an Energy & Utilities company based in Houston (United States) founded in 2008. It offers engineering and project management for oil, gas, renewable energy, and petrochemical industries. It operates on a B2B model. The company has 16 employees. Its Indian entity Oiltech Engineering (India) Private Limited reported revenue of β‚Ή7.97 Cr. Oiltech offers products and services including Multi Disciplinary Engineering, Project Management, and Detailed Engineering. Its focus areas include Energy, Oil and Gas, Offshore and FPSO. Its competitors include AspenTech, ComboCurve and WellAware; 3 of its 3 listed competitors have raised funding.

Company details

Oiltech Engineering is a global company specializing in multi-disciplinary engineering and project management services. They focus on sectors like Oil Gas, Renewable Energy, Process Petrochemical, and Water Treatment. Operating from offices in Houston, USA, and Chennai, India, they execute projects such as EPCIC and BOOT, including Pre-FEED, Detailed Engineering, and construction management. Their activities involve delivering fast-track projects across continents, serving industry clients with technical expertise in areas like offshore platforms and modular facilities.

  • Headquarters Houston, United States
  • Employees 16
  • Sectors
    Energy & Utilities
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website oiltech.in
  • Legal Name Oiltech Engineering (India) Private Limited
  • Date of Incorporation 12 Feb, 2008
  • Jurisdiction Chennai, Tamil Nadu, India
Key Metrics
  • Indian entity revenue
    ₹7.97 Cr

    FY 2025 · -18% YoY

  • Indian entity net loss
    -₹94.7 Lakh

    FY 2025 · -12% margin

  • Indian entity EBITDA
    -₹42.7 Lakh

    FY 2025 · -5% margin

  • Employee Count
    16

Products & Services of Oiltech

Oiltech offers a comprehensive portfolio of products and services, including Multi Disciplinary Engineering, Project Management, and Detailed Engineering.

Multi Disciplinary Engineering
Engineering Services

Provides design and engineering for oil and gas projects worldwide

Project Management
Project Services

Manages EPCIC and BOOT projects in energy sectors

Detailed Engineering
Technical Services

Offers in-depth engineering for offshore and onshore facilities

Board of directors of Oiltech Engineering (India) Private Limited (Oiltech)

Oiltech Engineering (India) Private Limited is the primary company behind Oiltech. The board of Oiltech Engineering (India) Private Limited currently have 3 directors; the longest-serving is Dilip Radhakrishnan, appointed in 2008. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Dilip Radhakrishnan
DIN 01820329
Director12 Feb 200818 yrs 8 moOiltech Engineering (India) Private Limited
Sankarasubramanian Venkatasubramanian
DIN 00905082
Director12 Feb 200818 yrs 8 moOiltech Engineering (India) Private Limited
Vivek Dilip
DIN 06381625
Director06 Mar 20206 yrs 7 moOiltech Engineering (India) Private Limited

Financials of Oiltech

Figures of Oiltech Engineering (India) Private Limited, the primary company behind Oiltech, for FY 2025. Revenue was ₹7.97 Cr (-18% year on year). Net loss was -₹94.7 Lakh (-12% margin). EBITDA was -₹42.7 Lakh (-5% margin). Revenue has grown at a compounded annual rate of +1% over three years and -1% over five years.

  • ₹7.97 CrRevenue · FY 2025 · -18% YoY
  • -₹94.7 LakhNet loss · -12% margin
  • -₹42.7 LakhEBITDA · -5% margin
  • ₹10 LakhPaid-up capital
  • 16Employees (provident fund records)
  • +1%Revenue CAGR, 3 years
  • -1%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Oiltech Engineering (India) Private Limited are on its company page.

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Detailed financial statements for Oiltech

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Competitors of Oiltech

Oiltech has 3 listed competitors in our database, 3 of them funded. They include AspenTech, ComboCurve and WellAware.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
aspentech.com1981Bedford, United States$100M786
AI-based software for manufacturing process optimization is offered.
combocurve.com2017Humble, United States$50M
Cloud-based solutions for oil and gas operations are provided.
wellaware.us2012San Antonio, United States$60.45M22
Oilfield data collection, monitoring, and analysis services are provided.
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Detailed competitors of Oiltech

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Top companies in Oil & Gas Operations

3 companies that operate in the same segment as Oiltech (Oil & Gas Operations) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Oilfield services and products are supplied worldwide by Schlumberger.
1926United StatesUSD 35.69 B110,000
bp is recognized as a global energy company.
1909United StatesUSD 185.5 B100,500
Energy production and transportation are conducted by Dominion Energy.
1983United StatesUSD 16.73 B14,700
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Frequently Asked Questions about Oiltech

Oiltech was founded in 2008.

Oiltech is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

Oiltech has 16 employees.

The primary company behind Oiltech, Oiltech Engineering (India) Private Limited, reported revenue of β‚Ή7.97 Cr for FY 2025, down 18% year on year.

Oiltech Engineering is a global company specializing in multi-disciplinary engineering and project management services. They focus on sectors like Oil Gas, Renewable Energy, Process Petrochemical, and Water Treatment. Operating from offices in Houston, USA, and Chennai, India, they execute projects such as EPCIC and BOOT, including Pre-FEED, Detailed Engineering, and construction management. Their activities involve delivering fast-track projects across continents, serving industry clients with technical expertise in areas like offshore platforms and modular facilities.

Oiltech's top competitors include AspenTech, ComboCurve and WellAware.

Oiltech offers Multi Disciplinary Engineering, Project Management, and Detailed Engineering.

Oiltech operates through Oiltech Engineering (India) Private Limited.

The legal entities of Oiltech currently have 3 directors, including Dilip Radhakrishnan, Sankarasubramanian Venkatasubramanian, Vivek Dilip.

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