Aberdeen-based Ecosse Subsea Systems has marked its 15th anniversary with news that turnover has again increased.
For the year to March 31st, 2011 the company saw revenues grow to £1.9 million in a year which included the launch of the company’s innovative and ground-breaking SCAR specialist trenching plough. Ecosse also turned in a modest profit but most revenues were reinvested in R&D of new technologies.
An increase in work has prompted the creation of two student summer placements for 2011 while Maureen Petrie has been promoted to the role of Personnel Operations Director to cope with an upturn in demand for Ecosse Subsea Systems’ personnel division which specialises in sourcing experts for the subsea oil and gas and offshore renewables industries.
In addition, the company was a finalist in the 2011 Grampian Awards for Business Enterprise and has been short listed for two prestigious Northern Star Business Awards.
Commenting on the success of the past year, Ecosse Subsea Systems’ founder and managing director Mike Wilson said: “Much of our focus during the past 12 months has been on getting SCAR to the marketplace and we are delighted at the global interest there has been in this technology.
“We are currently tendering for work in many locations across the world including South America, Asia, the United Arab Emirates and Saudi Arabia. There is also considerable interest in SCAR’s ultra deep capability (2m-10m trench depths) in ice affected Arctic regions and the Caspian. Customers are also seeing unique project capabilities such as the trenching of ‘live’ pipelines.”
Mike added: “Alongside that, we have continued to work with Ellon-based Aubin on the DeepBuoy and GLS subsea lifting gels, and offshore trials of the latter have been completed in Orkney.
“We anticipate that these gels will revolutionise the subsea lifting market and they also have very strong possibilities for use in the renewables sector. Tendering activity for the gels is very active and diverse, with customers identifying applications from a few kilos to thousands of tonnes.”
For further information contact Ecosse Subsea Systems at Enterprise Business Centre, Admiral Court, Poynernook Road, Aberdeen, AB11 5QX. Alternatively visit www.ecosse-subsea.com or call (01224) 289788.