EnerMech Looking Long-Term In Norway
As the price of energy continues to fall and talk turns toward pulling the plug on select offshore energy projects, mechanical engineering company EnerMech seems to be bucking the trend in Norway, announcing plans to boost its workforce by more than 20% in the coming year, expanding its offering in Stavanger and Bergen from 60 to 75 staff, with additional plans to invest more than $4m in new equipment. Based in Aberdeen, EnerMech provides integrated service to the oil and gas sector, including cranes and lifting, process, pipeline and umbilicals (PPU), hydraulics and equipment hire.
EnerMech Set for Growth in Middle East and Caspian
Halliburton Veteran Takes Up Key Director Role. EnerMech’s focus on strengthening its Middle East and Caspian business has been underlined with the appointment of oil and gas industry veteran Dave McLeod as Regional Director. The mechanical engineering group has an extensive presence in the region with more than 250 staff working from bases in Abu Dhabi, Qatar, Dubai, Iraq, Azerbaijan and Kazakhstan, and on a joint venture in Saudi Arabia. The Aberdeen company’s largest crane maintenance contract…
EnerMech Receives £90 Million Funding Package
Two leading banks have joined with original lender Bank of Scotland to provide a £90 million funding package for oil and gas engineering group EnerMech. EnerMech said the addition of Norwegian bank DNB and HSBC to form a ‘banking club’ reflected the requirements of a company which in five years has established a global footprint of more than 30 locations and has grown its workforce to over 1,800. The extra funds will be used to invest in new equipment, additional facilities and…
EnerMech Appoints QHSE Director
Mechanical engineering specialist, EnerMech, appointed its first director of QHSE. Ian Pym takes charge of global quality, health, safety and environment functions as part of a drive to enhance performance across the Aberdeen oil and gas services group’s 25 international locations. EnerMech employs 1,500 staff and specializes in providing integrated services to the energy industry which includes cranes and lifting, valves, hydraulic products and services, process, pipeline and umbilicals (PPU), equipment rental and training services. Mr.
Stewart to Lead EnerMech Expansion
EnerMech has signalled it’s about to step up international expansion with the appointment of mergers and acquisitions expert Ingrid Stewart. Mrs Stewart has joined the mechanical engineering group from investment bank Simmons & Company International where she was a director specialising in corporate finance. A chartered accountant, she takes on the newly created role of Corporate Development Director, as the Aberdeen-based oil and gas services company embarks on a new phase of acquisitions and strategic joint ventures.
EnerMech Targets India in Latest Expansion
Mechanical engineering specialist, EnerMech, is to open its first office in India as a first step in developing a presence in the country’s fast expanding oil and gas sector. The Mumbai office, headed up by newly appointed Country Manager Steve Watson, will be followed with the opening of a workshop and storage facility in Kakindada, Andrah Pradesh region, by the end of 2012. EnerMech believes its Process, Pipeline and Umbilicals, Cranes and Lifting, Engineering and Valves Divisions can add value to exploration and contractor companies operating in the region.
EnerMech Target US Oil and Gas Market
Mechanical engineering group, EnerMech, has ring fenced more than $65 million (£40 million) to launch a major expansion in to the USA, as it seeks to replicate growth in Europe and the eastern hemisphere. Up to $15 million (£9.5 million) will be invested in new Process, Pipeline and Umbilical (PPU) equipment with another $50 million (£31.5 million) set aside for strategic acquisitions allied to its other service lines and to build upon the existing USA business, EnerMech announced at OTC in Houston this week.
Reflex Marine Launches First Accredited Service Center
Expert in marine personnel transfer Reflex Marine has launched a global accredited service centre programme, for its FROG and TORO devices, to ensure uniformly high standards of maintenance and safety for its clients. The first of the accredited service centres has been established in Dubai and will significantly increase the level of support given to new and existing clients in the Middle East. Enermech FZE has been appointed as the first accredited service centre and distributor…