Media Release: EnerMech land £1m Talisman Norway cranes deal

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MECHNICAL engineering group, EnerMech, has been awarded a £1 million (NOK 8.9M) crane services contract by Talisman Energy Norge AS.

EnerMech AS based in Stavanger will deliver services to all Talisman’s Norwegian  assets over the next six years. The three year (+three year option) contract covers crane inspection, maintenance and modifications on the Gyda, Yme and Varg A assets.

EnerMech AS general manager, Trond Møller, said: “The critical success factor for us was the good working relationship between ourselves and our points of contact in Talisman. In addition to having the quality systems in place required to fulfil this contract, our strong safety track record and personnel competency were key service differentiators for EnerMech.”

Aberdeen-headquartered EnerMech has made a multi-million pounds investment in infrastructure to be able to service pan-European contracts for companies with crane operations in multiple locations and jurisdictions.

Doug Duguid, managing director of EnerMech, said: “EnerMech’s international footprint enables us to deliver cost benefits to our global customers through cross border contracts. This versatile approach to servicing contracts also allows us to share best practice in terms of safety and operational efficiency between the UK and Norway.

“We are finding many of the large operators are interested in single cross-border contracts which reduce administration and improve efficiency and we are leading the way in delivering a fresh approach which meets 21st century requirements.”

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 1,000 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

Stephen Rafferty

Sure Public Relations

http://www.surepr.co.uk

Tel: +44 (0)7980 598764

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Contact: Stephen Rafferty
Phone: +44(0)7980 598764
Email: moreinfo@surepr.co.uk
Website: http://www.enermech.com