MECHANICAL engineering specialist, EnerMech, has backed up its ambition to develop a global business with the £4 million purchase of its headquarters building in Aberdeen.
In addition to the purchase of the previously leased property, a £400,000 refurbishment programme is underway, which includes plans for the construction of three workshops, one specifically for the company’s recently launched valve care business.
Located on a 16-acre site, Howes Road includes modern class room and training facilities, climate controlled storage units, 60,000 sq ft of workshops and a yard extending to 6,000 sq yds. With office space totaling 68,000 sq ft, EnerMech operates one of the largest engineering, repair, maintenance and storage facilities serving the North Sea energy sector.
This large-scale investment is part of a strategy to offer clients a first class engineering and service capability regardless of which part of the world they are working.
EnerMech’s Middle East operation will shortly move to a new 10,000 sq ft leased facility in the Jebel Ali Free Zone in Dubai which represents a £500,000 investment and includes training/class rooms, warehousing, a hydraulic hose facility, workshops and a crane simulator training room. The company is in the process of drawing up plans for a new purpose built facility in JAFZ to be completed by 2012 and which represents a further £3 million investment.
Also EnerMech’s Asia Pacific operation has moved to new premises in Singapore consisting of 20,000 sq ft and which includes warehousing, fully-equipped workshops for servicing/repair of customer equipment, test facilities for winch refurbishment and hydraulics components and hydraulic pipe/hose manufacturing, testing and flushing capabilities.
Training classrooms and a Rigging Training Frame are also onsite, while our SIM-600 Mobile Crane Simulator can be accommodated on site when needed.
EnerMech managing director, Doug Duguid, said: “When we speak of having a global presence we don’t mean simply a pin in the map with a local agent working under the EnerMech banner.
“We are investing significant capital and hiring the best available personnel to build an extensive infrastructure in all the important oil and gas regions. This offers clients an assurance that they will receive the same quality of service and responsiveness in Aberdeen as they will in say the UAE, Houston or Perth.”
ENDS
Notes for editors
EnerMech Ltd was formed in April 2008.
The company specialises in the supply, maintenance and engineering of cranes, lifting, valves and hydraulic equipment, equipment rental and the provision of training and specialist personnel to the energy industry.
With the acquisition of Specialist Maintenance Services Ltd and A1 Safety Training Consultants Ltd, EnerMech is now a leading international provider of offshore crane and lifting operations, crane personnel and safety training. EnerMech also has a significant presence in Norway following the acquisition of Bjørge ASA’s crane division in October 2008.
In April 2009, EnerMech extended its presence in the Middle East with the acquisition of UAE free zone companies Pavitt Energy Limited and Scotia Oilfield Trading FZE which has since been integrated in to the EnerMech group. Investment totaling £5.1 million ($7.5M) has been made in equipment stock rental, improvements at our bases in Ras al-Khaimah and Doha, and plans have been drawn up to build a new £3 million facility in Jebil Ali, Dubai which will be ready in 2012.
In April 2010, EnerMech acquired Aberdeen-based hydraulic engineering specialist, Norson Power, in an £11 million deal. Norson Power provides hydraulic pipework installation and designs and manufactures hydraulic equipment for the oil, gas and marine industries.
EnerMech recently agreed a £24 million funding package with Lloyds Banking Group and, together with private equity provided by Lime Rock Partners and shareholder finance, has in place £40 million to support organic growth and further acquisitions.
In August 2010, EnerMech invested £4 million to acquire its 16 acre headquarter site in Aberdeen. A further £840,000 is being spent on refurbishments and the construction of new workshops, while another £2 million has been invested in setting up a new Valve Care division which will target the valve supply, testing, inspection and maintenance sector.
EnerMech employs 550 staff at its Aberdeen headquarters and bases in Great Yarmouth, Stavanger, Dubai, Qatar, Ras al-Khaimah, Singapore, Indonesia, China, Ghana, South Africa and Perth, Australia.
Website: www.enermech.com
Issued on behalf of EnerMech Ltd by Sure Public Relations. For further information please contact Stephen Rafferty on +44(0)7980 598764 or email moreinfo@surepr.co.uk
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Contact: Stephen Rafferty
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Website: http://www.enermech.com
