First Integrated Solutions, specialists in the supply, installation and maintenance of safety critical services, continues to make major investments in its business in order to support its growing customer base and improve operational efficiencies.
The Aberdeen-headquartered oil and gas service company has recently invested over £1.6million in additional new-build assets to complement its Winches and Deck Machinery division’s offering, demonstrating its commitment to quality, asset integrity and flexibility.
This latest investment will create up to five new jobs in the division next year and brings the total spent by the business on its operations this year to over £9million, including £2.5million on new headquarters at the start of the year.
Strengthening its portfolio of high-quality equipment is crucial for First Integrated Solutions as it grows its client base across its five divisions. Sitting alongside the Winches and Deck Machinery division are the Lifting and Inspection, Plant and Tooling, Lifeboats and Marine, and Crane Maintenance and Management Services divisions.
The firm has undergone a major transformation this year, which continued recently with the appointment of its first managing director. Fraser Coull joined the business in early November from Stork.
Recent investments include the purchase of 16 new-build, DNV-compliant lift winches ranging from 18 – 95 tonne pull and 12 new hydraulic power units up to 169kW. In addition, ancillary equipment such as line monitoring systems and sheave packages have also been bought. The new equipment will help standardise the firm’s equipment fleet, which will ultimately improve efficiencies
Managing Director, Fraser Coull, said:
“The investment reinforces the transformation that First Integrated Solutions has undergone this year. This latest tranche in our Winches and Deck Machinery division underlines our commitment to providing customers with quality equipment that is certified, traceable and manufactured as new, with all new components. In that sense, our approach to fleet development is unique.
“The elements of quality, traceability and flexibility are important to our clients and as a business we can assure them that asset, and therefore, technical and commercial project integrity is maintained. In the long-term we are focused on a standardised fleet of equipment, with component, footprint and overall design commonality, which will make operations more efficient.
“As well as the 16 new winches ranging from 18 – 95 tonne pull and 12 new hydraulic power units, we have added sheaves and a 55 tonne SWL overboarding assembly to our fleet. These extend the division’s capabilities which also extend to rope spooling, lubrication and inspection services, both in the UK and overseas.”
Group finance Director, Steven Mearns, added:
“This latest investment is another important milestone in our development and reinforces the group’s financial strength. To date, the group has provided over £10million in funding facilities to enable us to invest in infrastructure, talent and working capital.
“This stands us in excellent stead to serve our customers going forward, and to achieve our mission to be a trusted partner, delivering premium products and services for safety critical operations to the global oil and gas, renewable and marine industries.”
First Integrated Solutions is also the exclusive UK distributor for Spanish firm IBERCISA’s extensive range of premium quality deck machinery. IBERCISA has a strong track record in hydraulic and energy efficient electric VFD winch systems which are widely used by firms operating in the research, fishing, shipyard, civil, renewable and offshore oil and gas markets.
Pictured is Managing Director at First Integrated Solutions, Fraser Coull