Mdt Holdings (aberdeen) Limited

What Mdt Holdings (aberdeen) Limited does

MDT International (trading name of MDT Holdings (Aberdeen) Limited) is a privately-held oil and gas industry training provider headquartered in Aberdeen, Scotland, founded in 1992 and owned by Managing Director Drew Leitch since 2011. The company delivers approximately 23 specialized training courses spanning five disciplines: E&P Accounting (Levels 1-3), Auditing in the Oil & Gas Industry (Levels 1-2), Petroleum Economics and Risk Management, Contracts Strategy and Negotiation, and Leadership & People Management. All courses are CPD-verifiable and built around proprietary content incorporating industry-specific case studies, real-life exercises, and at advanced levels, computer-based simulations of E&P activities. Delivery spans classroom open courses (Aberdeen, London, Dubai, Kuala Lumpur, Doha, Rio, Istanbul, Amsterdam), customized in-house programs at client locations, and live online instructor-led training via Microsoft Teams (which represented 30% of total delivery).

The business operates on a per-participant fee model for open courses (priced £1,350-£3,660 per participant depending on course and location) and a project-based professional services model for customized in-house training, with disclosed contracts of approximately £1 million referenced in 2014 trade press. MDT serves a horizontal customer base across International Oil Companies (Chevron, TotalEnergies, OMV), National Oil Companies (Petrobras, KPC, GNPC, NCOC), independent E&P operators (Harbour Energy, EnQuest, Tullow, Capricorn, Assala, Savannah, Dana Petroleum), government/regulatory bodies (NSTA), and individual professionals. The company has trained 30,000+ participants across 80+ countries and worked with 500+ organizations over its history. The company maintains a small core team of 5 staff supported by a pool of 12 specialist trainers with 300+ years of combined energy industry experience and 100+ years of dedicated training delivery experience. Distribution is augmented through partnerships with HOT Engineering (Europe), EnergyEdge/PetroEdge (Asia), OPAL (Oman), and Ansoffs Consulting (Africa). Revenue is highly cyclical, having suffered a 70% decline during the 2015-2017 oil and gas downturn before recovering with 30%+ attendance growth in H1 2019.

Name

Mdt Holdings (aberdeen) Limited

Legal name

MDT International Ltd

Website

https://mdtinternational.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

11–50 employees

Short description

MDT International is a privately-held Aberdeen-based specialist training provider founded in 1992 that delivers instructor-led courses in E&P accounting, auditing, economics, contracts, and leadership for the global oil and gas industry, serving 500+ organizations across 80+ countries.

Ownership category

akta.pro rank

Product category

Oil & Gas Professional Training Services

NAICS

Professional and Management Development Training (611430), Business Schools and Computer and Management Training (6114)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Professional & Executive Short Courses (Non-Degree, International) (EDAIAIAH)

Keywords

• Oil and gas training
• E&P accounting courses
• Petroleum industry education
• Upstream oil training
• Professional development training

Headquarters

HQ city

Aberdeen

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Open/Public Course Fees: Instructor-led training courses offered at scheduled dates in multiple global locations (Aberdeen, Dubai, London, Kuala Lumpur, etc.). Customers pay per course fee which includes training materials, lunch and refreshments during training days.
2. In-House/Customized Training: Organizations commission customized training programs delivered at their locations worldwide. MDT incorporates client's own policies, procedures and data into course content. This represents a significant portion of business with contracts to the value of approximately £1 million mentioned in news.
3. Live Online Training: Remote instructor-led training delivered via video platform, representing 30% of total training delivery. Offered at £1,350-£2,190 per participant depending on course.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

MDT International delivers specialized instructor-led training courses for the oil and gas industry, covering exploration and production (E&P) accounting, joint venture auditing, petroleum project economics, contracts strategy, negotiation, leadership, and people management. Training is offered as open/public classroom courses in global hubs (Aberdeen, London, Dubai, Kuala Lumpur, Doha, Rio de Janeiro, Istanbul, Amsterdam), live online instructor-led courses via Microsoft Teams, and customized in-house programs delivered at client locations in 80+ countries.

Product overview

MDT International offers a portfolio of open/public training courses and customised in-house training programmes for the oil and gas industry. The offering consists of approximately 23 distinct training courses, each available in classroom format and many also offered via live online (Remote Instructor Led) format. Courses span five main disciplines: (1) E&P Accounting (Levels 1-3 and online versions), (2) Auditing in the Oil & Gas Industry (Levels 1-2 and online versions), (3) Economics & Risk Management (including Petroleum Project Economics and Production Sharing Contracts/Joint Venture Agreements), (4) Contracts & Negotiations (Contracts Strategy and Management, Negotiation Skills), and (5) Leadership & Management (including Introduction to the Oil & Gas Industry, Leadership Skills, Advanced Leadership, and International Business Communication). All courses are CPD-verifiable and target professionals ranging from newcomers to experienced practitioners in oil companies, service companies, government agencies, and regulatory authorities. Training is delivered at locations worldwide including Aberdeen, Dubai, Kuala Lumpur, London, and via live online platforms.

Differentiator

Problem solved

Functional benefit

Products and services

• Introduction to the Oil & Gas Industry A 2-day introductory classroom course providing a comprehensive overview of the oil and gas industry, covering petroleum geology, exploration, drilling, field development, production, decommissioning, and future industry challenges. Aimed at professionals new to the sector or seeking a refresher.
• Introduction to the Oil & Gas Industry - Online Version A 3-day live online instructor-led course covering the same topics as the classroom version, delivered via remote platform (Microsoft Teams) over 6 modules with sessions lasting 2-2.5 hours each.
• Auditing in the Oil & Gas Industry Level 1 A 3-day introductory classroom course providing a comprehensive overview of upstream oil and gas auditing, including joint venture, financial, and contractual audits under various granting regimes (PSC, Risk Service Contracts, Concessionary).
• Auditing in the Oil & Gas Industry Level 1 - Online Version A 5-day introductory-level online course covering upstream oil and gas auditing principles, audit planning, information gathering, audit reporting, and review of specific joint venture cost categories.
• Auditing in the Oil & Gas Industry Level 2 An intensive 5-day training programme designed to enhance skills of personnel involved in financial and contractual auditing of oil and gas E&P activities, covering structured audit methodology, multi-discipline team approaches, and complex audit case analysis.
• Exploration and Production Accounting - Level 1 A 3-day introductory classroom course providing a comprehensive overview of international accounting and finance practices in the E&P industry, covering accounting policies, joint venture accounting, and cost control.
• Exploration & Production Accounting Level 1 - Online Version A 3-day live online instructor-led course providing a comprehensive overview of E&P accounting and finance practices, covering exploration and appraisal costs, DD&A, decommissioning, joint venture accounting, and drilling costs.
• Exploration and Production Accounting - Level 2 A 5-day intermediate-level classroom course raising knowledge and understanding of international E&P finance and accounting concepts, covering IFRS application, sales revenue accounting, production sharing contracts, joint venture accounting, and corporate budgeting.
• Exploration & Production Accounting Level 2 - Online Version A 5-day live online intermediate-level course covering IFRS application in E&P, sales revenue accounting, E&P taxation, production sharing contracts, joint venture accounting including unitisation and redetermination.
• Exploration and Production Accounting - Level 3 An advanced 5-day classroom workshop using computer-based simulation where delegates work in teams to explore financial scenarios based on international E&P activities, covering operator/non-operator accounting, IFRS application, decommissioning provisions, and PSC accounting.
• E&P Cost Control, Budgeting and Cost Estimating A 3-day classroom workshop providing comprehensive understanding of costs and cost drivers in the E&P industry, covering budgeting processes, proactive cost management, optimisation, and performance reporting in PSC and JV environments.
• E&P Cost Control, Budgeting and Cost Estimating - Online Version A 5-day live online course covering the nature of costs and cost drivers in the E&P industry, budgeting processes, cost capture and accountability, strategic cost optimisation, and cost control frameworks.
• Contracts Strategy and Management A 5-day practical classroom course showing how to develop and implement effective procurement and supply chain management strategy for upstream petroleum industry, covering contract types, tender processes, contractor selection, and contract risk management.
• Contracts Strategy and Management - Online Version

Quantifiable outcome

• Over 90% of participants say MDT training met or exceeded their expectations
• +2 more outcomes

Named customers16 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• HOT Engineering GmbHcoreStrategic or Co-development Partner · 7 October 2015HOT Engineering is a leading E&P reservoir consultancy and knowledge transfer organization headquartered in Austria. MDT partners with HOT in delivery of commercial training courses as part of their comprehensive training programme. HOT also provides advanced geological, geophysical, petrophysical, and reservoir and production engineering technology services.
• Gathimba Edwards FoundationminorOthers · 1 January 2015MDT has been active supporters of the Gathimba Edwards Foundation since 2015. GEF helps disadvantaged children in Kenya get a start in life through support in shelter, clothing, education and sustainable food solutions. MDT selected GEF as their charity of choice.
• Ansoffs Consulting NairobiminorChannel Partner/ Reseller/ Distributor · 1 January 2015New partnership formed in Nairobi, Kenya for training delivery in the African region.
• OPAL (Oman)coreStrategic or Co-development Partner · 1 January 2015MDT International announced partnership with Omani industry trade body OPAL as part of MDT's on-going commitment to Omani skills development within the Oil & Gas sector. MDT gained official approval for activities in Oman.
• Well DecomminorStrategic or Co-development PartnerWell Decom are specialist decommissioning consultants working with clients including operators, financiers, auditors and investors. They challenge conventional approaches to well decommissioning and drive informed decision making based on risk identification and management.
• Holt Energy Advisors LtdminorStrategic or Co-development PartnerHEA is a global energy advisory providing expert acquisition and divestment transaction advice, project management services, and commercial and strategic consulting to the upstream E&P and renewables sectors.
• EnergyEdge (PetroEdge)coreChannel Partner/ Reseller/ DistributorEnergyEdge is a leading provider of Oil & Gas training with operational hubs in Kuala Lumpur, Singapore and Manila. They deliver MDT courses in Asia alongside their own training offerings. Training platforms consist of live online (VILT), e-learning and classroom face-to-face training.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• IHRDC (International Human Resources Development Corporation): US-based international oil & gas training company offering instructor-led and e-learning programs covering exploration, production, petroleum business, and leadership. Closest like-for-like competitor in international commercial O&G training, with similar curriculum breadth and customer base.
• EnergyEdge (PetroEdge): Malaysia-headquartered provider of oil & gas training courses, named as a core channel partner for MDT International. Operates an almost identical business model — open and in-house upstream O&G training delivered in Asia-Pacific via classroom and live online — and directly competes for the same instructor-led O&G training budgets.
• HOT Engineering GmbH: Austrian-headquartered E&P knowledge transfer and training organization, named as a core strategic partner of MDT International. Delivers commercial training courses in reservoir, geological, and production engineering with overlapping classroom and online formats — directly comparable in target buyer and course economics.
• Mennta Energy Solutions: Commercial training provider for the global oil, gas and energy industries, delivering open enrollment and in-house courses on E&P accounting, contracts, and finance. Directly competes with MDT in the upstream finance and contracts training niche.
• IBC Academy: Dubai-based oil, gas and energy training company offering instructor-led courses across the Middle East and internationally. Closely comparable to MDT in geographic focus (Middle East O&G hubs) and curriculum areas (upstream finance, contracts, and leadership).
• PetroSkills (SLB): OGCI/SLB-affiliated training provider delivering competency-based upstream oil and gas courses worldwide. Directly comparable course catalog and target audience, with substantially greater scale and reach via SLB's enterprise relationships.

Others

• Energy Institute (UK): UK chartered professional body for the energy sector that runs CPD-accredited training events and qualifications touching O&G finance, contracts, and leadership. Complementary rather than directly competitive; functions as a sector reference point and certification partner.

Broad incumbents

• NExT (a SLB company): Schlumberger's training arm delivering technical and professional development programs across the energy value chain. Overlaps with MDT's upstream finance and contracts content as part of a much broader curriculum, with unmatched scale and delivery infrastructure.
• RPS Group: Global consulting firm with a significant energy training portfolio spanning upstream operations, safety, and commercial disciplines. Competes with MDT for enterprise training budgets while offering the full weight of an integrated consulting platform.
• DNV (Energy Systems training): Global certification and classification body with an energy training business covering oil & gas technical, safety, and standards-based courses. Provides an adjacent incumbent alternative for enterprise buyers seeking training plus certification bundling.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/mdt_int
• YouTubeyoutube.com/watch?v=CLN954DHCIk
• Facebookfacebook.com/mdt.international
• LinkedInlinkedin.com/company/mdt-international

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mdt Holdings (aberdeen) Limited