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ENERQUIP – GROWING GLOBAL FORCE ANNOUNCES FIRST MIDDLE EAST OPENING
Multi award-winning North east company EnerQuip has underlined its reputation as a force to be reckoned with thanks to the landmark opening of its first new sales and service centre in the Middle East.
The ambitious seven-year-old company has just opened premises in Abu Dhabi, UAE and hired full-time local staff in a move which will establish a permanent physical presence in this key growing market.
Middle East, maximum opportunity The importance of the Middle East to EnerQuip’s growth plans was to the fore in late 2021 when the company landed its then largest ever single contract, valued at US$1.2 million, from a new client in Abu Dhabi. The first phase was delivered during Q4 of 2021 with further phases of work this year and extending into 2023 bringing the total package to US$4 million. The initial scope of work involved the provision of various existing technology for the horizontal make-up for casing doubles, bottom hole assemblies, drilling tools, completion tools and others at the land rig site with their Mobile Torque Unit (MTU). EnerQuip has manufactured a fully rotational torque machine with 150-foot, bespoke handling equipment to deal with long casing singles and a custom 20-foot operator control house for deployment in a desert location, and after the first well run, successfully supported the campaign with zero connection rejects across the drilling and completion phases.
www.ogv.energy I November 2022
The creation of the local entity, EnerQuip Torque Solutions to serve the Middle East market from a local base demonstrates commitment to the Middle East but also at a local level, particularly in Abu Dhabi, given the importance of local investment to support In Country Value (ICV) objectives. The move represents another significant step forward for the company which recently announced a significant expansion to its portfolio thanks to a key product line acquisition. Earlier this year EnerQuip Ltd acquired the AMC product line from Forum Energy Technologies, taking ownership of the intellectual property, people and assets in a move which further consolidated its market leading position ahead of an early return to pre-pandemic revenues ahead of forecasts.
Setting up down under The move also acted as a catalyst for the opening of a new office in Australia – EnerQuip Torque Solutions PTY Ltd. – where products and services are being rolled out to a growing client base. Activities are supported by global headquarters which relocated to a single, spacious location on the outskirts of Aberdeen earlier this year. Sitting within easy reach of vital transport infrastructure and benefiting from significantly expanded accommodation, the new HQ includes 4500 sq. m. of workshop, 15,000 sq. m of yard and 1,200 sq. m of office space. Activities are further supported by a busy manufacturing team at Lybster in Caithness which employs a team of ten. Launched in Aberdeen in June 2015, EnerQuip is a leading specialist in the design, manufacture,
installation and maintenance of market leading torque machines and associated products, including bucking units and fully rotational makeup and breakout torque machines which can be adapted to suit any application.
Flexible solutions, strategic positions These flexible solutions delivered by the best in the business are light on their feet when it comes to giving customers what they want, where and when they want it – and they’re in increasing demand in all four corners of the globe. The highly skilled team delivers 24/7, 365 support and works with a growing client base in an increasing list of locations that includes Africa, North and South America, Canada, Europe, the Far East, Australia and the Middle East. Strategically placed service centres across the globe ensure prime positioning which capitalises on growing UK export opportunities, the company consistently exceeds the expectations of the evolving demands of the energy industry in both mature and developing markets. This is thanks to a winning blend of support for existing fleets of equipment through service activity, and the design and manufacture of cutting edge, innovative equipment which seamlessly solves customer challenges whilst complying with all the latest industry regulations and operational demands. A Queens Award for Enterprise (2020) winner, Made in Scotland winner (2021 and 2022) and finalist (2022), Northern Star Business Award finalist (2022) and Elevator Award finalist (2022), EnerQuip has achieved phenomenal success in just seven packed years and recent success suggests that the best is yet to come!
