Velocious

THE common perception of the resources sector may be one of hum drum processes such as digging and drilling, but Belmont oil and gas services business Velocious proves that there are plenty of intellectual challenges in this sector for local players who p

BELMONT-BASED engineering company Velocious has doubled production capacity to accommodate actual and expected demand for its specialist tools and services.The company has been developing equipment for subsea intervention in the oil and gas industry since 2006.

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The past year has been a whirlwind for businesses that have featured in the Rising Stars awards, with some rising to greater heights while others have faced major challenges.

Innovation is enabling a handful of WA manufacturers to survive in a market under increasing pressure.

Scotland-based energy technology company Proserv has acquired specialist subsea engineering business Velocious, which was established in Perth seven years ago.

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Educational software provider SEQTA has capped a remarkable year of growth, being named the Business News Rising Stars award winner for 2015.