Expanding operations in key oil and gas sector
The £200,000 (€235,000) investment will establish a test centre and office facility on the doorstep of Europe’s oil capital.
Established in 2011, the Northern Ireland-based engineering company has developed technologies which provide greener, faster and safer solutions for decommissioning in the energy sector.
The company’s Pipe Coating Removal (PCR) equipment can strip and clean decommissioned or surplus pipelines of multiple coatings so they can be repurposed for use on other projects, while its range of cold cutting saws are in demand on international decommissioning projects as oil and gas operators replace or remove ageing infrastructure and redundant assets.
The new facility will strengthen its position to win further work in the UK and further afield with clients who have global operations, and it is anticipated up to six new engineering, design and administration posts will be created.
Decom Engineering CEO Sean Conway said: “Aberdeen is a hotbed of technology companies who support the traditional oil and gas sector - and now the renewable energy industry - by innovating and developing cleaner, greener and safer ways of satisfying global energy demand.
“Our focus is on the decommissioning sector and with many of the oil and gas majors increasingly focussed on the transition from hydrocarbons to renewable energy, opportunities for us to win new business in the UKCS will undoubtedly grow.”
Decom Engineering has completed contracts in mainland Europe and Asia Pacific, and is tendering for new workscopes in Thailand, North America, Brazil and India.
He added: “We have invested more than £700,000 (€825,000) in ongoing research and development as we devise decommissioning technologies which are more environmentally friendly and cost effective. Aberdeen and the UKCS is an important market for us, but it can also be a gateway to international projects which will add to our track record in mainland Europe and the Asia Pacific region.”