EPI Group (epi.co.uk) — an oil and gas exploration services business based in Cobham, Surrey — has secured a £3 million funding package from commercial-finance group IGF.

EPI has 30 years’ experience of providing exploration and production consultancy services to the oil and gas industry, supporting clients with their seismic surveys, environmental projects and well-site operations. It has offices in the USA, Australia, Russia, France, Ghana and South America.

Chief financial officer Richard Bradley said: “The fall in oil prices has put pressure on many companies across our sector, but we have continued to invest responsibly in our platform to best position the business for improving market conditions.

“We are delighted to have secured this facility from IGF to provide funding for further diversification and expansion of our business.”