Expansion plans already in place
Former AMC trio launch oil services firm
Initially located in Tullos, EnerQuip will create 16 jobs and plans to move to a larger facility in the north-east early next year to support anticipated growth.
It has already acquired a large workshop, yard and office facility in Lybster, Caithness, to host fabrication and repair activities.
Beyond its core specialism – the maintenance and upgrading of torque machines – the company plans to launch a new generation torque machine, for the assembly and dismantling of downhole tools, by the first half of 2016.
The business has been formed by three former senior staff of torque business AMC Engineering.
The chairman/engineering director of EnerQuip, Andrew Polson, sold AMC Engineering to Forum Energy Technologies (FET) nearly four years ago. One of his key responsibilities will be the design of the new torque machine.
He is joined by managing director Dave Clark, a former AMC senior manager, and technical director John Duncan, a former AMC director.
The founding members together have more than 50 years’ oil and gas experience, and over 35 years specifically in the torque and associated products sector.
The business expects to recruit three people by the end of July, with a further 10 posts being created in Aberdeen and Lybster by the end of the year.
Mr Clark said: “The new business provides us with a platform to offer a unique service package that harnesses our extensive experience and in-depth knowledge of our specialist sector.
“We’re equipped to support the international activities of industry contractors, and to do so quickly, reliably and efficiently.
“More than that, we’re tapping into that mix of experience and expertise to develop an improved torque machine that will add a new dimension to our offering. It’s an ambitious programme, but it’s achievable because of inherent capabilities and we look forward to taking it to the market.”
EnerQuip’s key products include a range of bucking units and fully rotational makeup and breakout torque machines and associated products, such as jar testers, containerised workshops and pipe handling systems.
The company’s services include torque machine servicing and upgrades, jar tester repair and maintenance, equipment design and manufacture, calibration and software support. It also provides training and consultancy services.
Additionally, the business stocks spares as part of its 24/7 service support, including dies, inserts, hydraulic cylinders, filters, hydraulic motors, hoses and fittings.