EnerMech Signs Up High Pressure Experts In North Sea Deal

EnerMech Ltd has signed a distributorship agreement with Innovative Pressure Technologies (IPT), the leading US manufacturer of Ultra High pressure tube, valves and fittings.

The dealership covers the oil, gas and energy industries in the UK North Sea and gives EnerMech a competitive advantage in this specialist market place.

These products are used in many areas within the UKCS, including subsea, chemical injection and high pressure water jetting applications and all are certified as compatible with existing manufacturers.

IPT specialise in the design and manufacture of precision high pressure valves fitting and tube which can cater for pressures up to 60,000psi, fittings and other fluid control devices, and related components and accessories.

Based in Erie, Pennsylvania, IPT has over 35 years of manufacturing experience and is recognised as a leading provider in the field of valves, assemblies and individual components.

EnerMech specialises in the supply, maintenance and engineering of cranes, lifting and hydraulic equipment, rental of hand tools and zoned equipment and provision of training and specialist personnel to the energy industry.

Gary McRobb, EnerMech’s business development manager, hydraulics, said: The North Sea market for Ultra High pressure applications is increasingly rapidly. As a result there has been considerable interest from our clients in IPT’s technology which meets all their specifications but is more cost effective than existing alternatives.

“We’ll be making a considerable commitment in terms of stock holding and will compliment this by also providing classroom-based and practical technical training, which can be done at EnerMech’s training facilities or at a client’s site.

“This distributorship alliance with IPT follows a number of similar agreements with leading equipment manufacturers and underlines our commitment to providing quality and value for money for our clients in all our service lines.”

Jeff Schuman, IPT President, said: “IPT is delighted to have EnerMech as their distributor and looks forward to supporting them in building the business to the benefit of both our companies.”

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Note to Editors

EnerMech Ltd was formed in April 2008 and offers a safer, more customer-focused, responsive service with lower costs in the mechanical services sector within the energy industry, while delivering a much greater level of engineering and technical support than competitors can offer.

The company specialises in the supply, maintenance and engineering of cranes, lifting and hydraulic equipment, rental of hand tools and zoned equipment and 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, a new base in Ras al-Khaimah and existing facilities in Jebel Ali and Doha.

EnerMech employs 350 staff at its Aberdeen headquarters and bases in Great Yarmouth, Stavanger, Dubai, Qatar, Ras al-Khaimah, Singapore, Indonesia, China and Perth, Australia.

EnerMech’s five director-owners are backed by private equity firm Lime Rock Partners and together have in place a £30 million plus funding package to support organic growth and further acquisitions.

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

Contact: Stephen Rafferty
Phone: +44(0)7989 598764
Email: moreinfo@surepr.co.uk
Website: http://www.enermech.com