Media Release: EnerMech invests £10m in Australian expansion

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MECHANICAL engineering company, EnerMech, has invested £10 million (AUD $15 million) in new facilities and equipment in Australia and made a number of senior appointments as it continues to extend its reach in the Asia Pacific oil and gas sector.

Says a spokesperson: “A new 3,200 sq metre facility in Midvale, 21km east of Perth, Western Australia, has been opened, and following the recent award of a five year crane maintenance contract with Esso, EnerMech has also opened an office in Sale, Victoria, where 12 staff are based.

“The expansion programme follows the successful roll out of EnerMech main service lines, which include process, pipelines and umbilicals; crane services; lifting and inspection; hydraulics; equipment rental; training; and valve supply and servicing.

“In Perth, EnerMech’s training capability has been extended to include a physical rigging and lifting frame, in addition to a process pipework pressure rig, while the hydraulics operations now include a full stock of hose and fittings, complete with a state of the art manufacturing capability.

Andrew Manning, formerly of BJ Services, has been appointed general manager for Australia, while Mark Duncan, also formerly of BJ Services, has been appointed Australia operations manager, and both support Asia Pacific regional director John Guy.

“Michael Laird, formerly of Sparrows Offshore, has joined EnerMech as manager of cranes and lifting in Australia; Bruce Campbell, formerly of SCORE and Geographe has been appointed Australia PPU (process, pipeline & umbilicals) manager, and Dave Ball, formerly of Gates Hydraulics, is hydraulics manager.”

EnerMech managing director, Doug Duguid, said: “The Australian hydrocarbon market is in the midst of massive investment and development and we recognise its importance as key sector in shaping the growth and success of EnerMech.

“The considerable investment we have made in infrastructure, and in recruiting the best possible management and support staff, underlines our commitment to supporting the leading oil and gas exploration companies and contractors.

“From our initial entry in to the Australian cranes and lifting market, we have consolidated our presence and are now offering our full range of pre-commissioning, engineering, equipment and training services.

“We have more than 40 full-time staff based in Australia now, and with the facilities and a highly skilled team in place to support larger workscopes, we expect the size of our business to more than treble in the next two years.”

Ends

Note to 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. In December 2010 EnerMech acquired Aberdeen Valve Supplies Ltd and its subsidiaries LG Ball Valves Ltd and Valve Paint Shop Ltd.

EnerMech employs 800 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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Email: moreinfo@surepr.co.uk
Website: http://www.enermech.com