Swire Oilfield Services Invests £50 Million - Offshore Technology | Oil and Gas News and Market Analysis
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Swire Oilfield Services Invests £50 Million

Swire Oilfield Services, the leading global provider of offshore cargo carrying units and associated services, has reinforced its commitment to growth with significant investment in all its operating companies around the world.

Aberdeen-based Swire is investing £50 million during the course of 2011 in rental fleet units and support infrastructure, of which £20 million is in its North Sea operations. This investment will support the growing demand for North Sea industry standards in an increasing number of developing offshore energy projects globally.

As a result of the growth in its global activity, 20 new jobs have been created at its Aberdeen headquarters. These jobs are across a range of required skills, including additional technicians, administrators, customer services staff, senior managers and directors.

In line with Swire’s expansion, the company is at an advanced stage in the design of new global headquarters in Altens, Aberdeen. With construction due to commence in July 2011, these new premises will accommodate the additional staff.

Chief operating officer, Rupert Bray is extremely positive about the opportunities in the offshore energy industry: “Whilst there may be some uncertainty in the North Sea due to recent tax changes, the global offshore energy industry presents a real opportunity to expand the company’s global market presence. The underlying principals of exceptional performance in HSEQ, and delivering the highest levels of customer service continue to be the foundation on which our growth is built.

“There is currently a high demand for safe, reliable, high quality, and internationally approved offshore cargo carrying units around the world. As the largest global provider of these units and associated services, Swire has the resources and commitment to invest in growth and to assist the offshore industry in achieving its safety, quality and productivity targets.”

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