American Electric Technologies, Inc. (AETI)
American Electric Technologies, Inc. (AETI) is a leading provider of power delivery solutions to the global energy industry. Initially founded in Beaumont and known as M&I Electric, AETI is headquartered in Houston and has global sales, support and US manufacturing operations in Texas, Mississippi, and Brazil. In addition, AETI has interests in two joint ventures in Singapore, and Xian, China. American Electric Technologies is a publicly listed company on the NASDAQ stock exchange, ticker symbol is AETI. AETI offers M&I Electric™ power distribution and control products, E&I electrical and construction services, and marine vessel products and services to a global customer base of leading energy companies.
Find locations served, office locations, manufacturers and our distributors.
- Business Type:
- Industry Type:
- Power Distribution
- Market Focus:
- Globally (various continents)
This company also provides solutions for other industrial applications.
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American Electric Technologies, Inc. (AETI) is a leading provider of power delivery solutions to the global energy industry. Our mission is EmpoweringEnergy™ - enabling energy companies to safely and effectively meet the world’s growing energy demands.
The company was founded in Beaumont Texas in 1946 and has the following operations:
- AETI corporate headquarters in the energy corridor in Houston Texas.
- M&I Electric in Beaumont Texas and Bay St. Louis Mississippi
- M&I Electric Brazil with locations in Rio de Janeiro and Macae Brazil
- BOMAY- our China joint venture with China National Petroleum Company (CNPC)
- M&I Electric Far East Ltd (MIEFE) – our joint venture in Singapore
American Electric Technologies is a publicly listed company on the NASDAQ stock exchange, ticker symbol is AETI.
Our strategy is to have a balanced, counter-cyclical approach to the global energy industry. The company is well positioned in the upstream, midstream and downstream oil and natural gas markets. In addition, the company has significant presence in the power generation and distribution sector. The company also continues to participate in complimentary sectors including the marine vessel market and the general industrial markets.
The company also utilizes a balanced geographic approach, with a mix of developed energy markets including North America, the Middle East, and South East Asia, and also participates in the fast growing energy markets such as China, Brazil and India.
AETI is a leading provider of power delivery products and services for oil & gas exploration and production projects.
We are able to provide these products and services worldwide. Projects can range from complete new turn-key systems or upgrade and re-power of existing systems.
We have a large, satisfied installed base of customers in the following upstream markets:
- AC and DC Land Drilling Power and Control systems up to 4000HP
- Offshore drilling rigs including drilling platforms, Barges, Ocean Tenders, Jack-ups, Drill Ships and Semi-submersible rigs.
- Land production
- Offshore Production Platforms including: SPAR, fixed, TLPs, Semi-submersible and FPSO units
AETI’s has served the downstream market for over 50 years for new builds, plant expansions, and existing facility services and maintenance projects.
Our downstream segments include oil & gas refining/petrochemical markets, as well as the oil and gas terminals and Liquified Natural Gas (LNG) terminals.
AETI’s downstream segments include oil & gas refining/petrochemical markets, as well as the natural gas fractionation, and terminals including LNG terminal segments.
AETI has served the refinery industry for over 50 years. We enable downstream project owners and operators to meet project objectives by providing power delivery equipment for the following types of refinery projects:
• Plant expansions to increase capacity
• Plant upgrades to new technology
• New unit to increase capacity
Our products offered for new build and upgrade downstream projects include:
• Medium and low voltage switchgear
• Motor control centers
• Bus duct
• Automation systems
• Unit substations
• Integrated powerhouses
• Technical field services
• E&I construction services
• Turnkey installations
AETI has been a major vendor of low voltage and medium voltage electrical equipment and control system products for more than 65 years. Our engineering team is able to translate power generation designs into the optimal mix of power conversion, power distribution and balance of system equipment for every aspect of the power generation and power co-generation industry. Our engineering team is also able to work with our customers and in some cases, their utility interconnection partners on grid integration and coordination issues, including connecting power projects to domestic or international grid operators.
The power delivery business sector of the electric industry is responding to the need to expand and improve the reliability of the systems that serve their customers or their plant. These systems must also provide the increased capacity to accommodate bulk power flows into, out of, and through their network.
The marine vessel market has been quickly evolving. Increased demands for offshore drilling and production have brought growing opportunities for the offshore service boat market, especially those work boats capable of servicing deep water platforms, with upgraded dynamic positioning capabilities and/or upgraded anchor handling systems. Although increased regulatory oversight and foreign competition are adding headaches, managing initial upfront costs and ongoing operating expenses are the primary challenges facing marine vessel and workboat owners and operators.
AETI and our subsidiary South Coast Electric, are one of the largest marine vessel power system and service suppliers in the market. We have delivered power distribution and control solutions for the following marine vessel segments:
- Offshore service boats
- Anchor handling vessels
- Coast Guard vessels
- Seismic analysis vessels
- Research vessels
- Cargo vessels
- Cruise ships
- Casino boats
AETI works with the marine vessel market in the following ways:
- Working directly with ship owners to develop and implement power distribution and control systems for their ships.
- Working with shipyards to provide best of breed power delivery products and services, assuring on-time ship delivery with highest level of service and quality.
- Working with ship integrators/Single Source System Integrators to augment existing power engineering resources and capabilities and to provide premium
AETI has served the marine vessel industry for over 50 years. We enable ship owners and operators by providing power delivery equipment for the following types of marine vessel projects:
- Ship power distribution
- Ship propulsion power
- Dynamic Positioning (DP) drives
Our products offered for refinery projects include:
- Low and medium voltage switchgear
- AC and DC variable frequency drives
- Motor control centers
- Ship panels
- Technical field services
- E&I marine construction services
- Turnkey installations
Our nation’s industrial sectors including wood products, steel and manufacturing are constantly challenged to be more competitive and efficient in the ever increasing world market. AETI’s and it’s wholly owned subsidiaries are quality providers of products and services that are an intricate part of the ever-growing and improving infrastructure. These products also are designed and provided with safety features that meet or exceed recognized standards or codes.
Products can be manufactured to custom fit the customers needs along with installation and start-up services for a turn key installation. Preventive maintenance and troubleshooting services are available on a 24 hour basis.
Products provided for industrial applications
- Low and medium voltage switchgear through 38KV
- Motor control centers
- Integrated power and control buildings
- AC and DC drive systems
- PLC based automation control panels
AETI's comprehensive maintenance and testing business work dilligently with industrial customers to make sure that reliability of therir power delivery systems are always in the most effective condition. This constant attention to property scheduled outages and preventave maintenance keeps the facitity up when demands are high and helps for continuous product shipments.
AETI also provides turn-key installation and 24 hour service/support wprld wide, and combined with our E&I construction service. enables us to take Total Sustem Responsibility for heavy industrial power delivery requirements.