15 Scots jobs saved as Sabre Safety is sold to Starn Energy

 

A Sabre Safety technician at work
A Sabre Safety technician at work

Fife-based Sabre Safety Ltd and its principal assets has been sold from Administration to Sabre Safety Services Limited, a newly formed entity owned by Starn Energy Services Group.

Following the appointment of the Joint Administrators last month, KPMG received ‘strong interest’ in the opportunity to acquire the oil and gas safety services operations of Sabre.

All 15 employees retained by the Administrators (14 in Cupar and one in Aberdeen) have been transferred as part of the transaction.

Starn Energy Services Group is a private equity-backed oilfield services business with a UK base and international presence.  Its aim is to build a group of businesses focused on safety and delivering economic benefit to its customers. 

Blair Nimmo, Joint Administrator and Head of Restructuring for KPMG UK, said: “We are pleased to complete the sale to Starn Energy Services Group, which will preserve employment, allow continuity of customer service and provide an excellent opportunity for the purchaser to develop the UK and international services offered by Sabre.”

Pixie Energy

Pixie logo Pixie Energy is an incubator and a facilitator of strategic research and project work, focusing on energy regulation, policy and markets at the local and national level. Find out more about Pixie Energy here.

Local Energy Matters: Scotland

Local Energy Matters: Scotland is a free-to-download brochure with a focus on energy tariffs in the two Scottish electricity distribution regions, as well news on local energy and low-carbon schemes.

Previous editions can be download here.

Scottish energy market overview

You can read an overview of the Scottish energy market here.

Scottish Government energy feed