Aberdeenshire-based oil and gas services provider Paradigm Flow Services has secured contracts worth more than £5 million since the beginning of this year, and is now seeking to recruit 10 new staff, as well as investing £1.5 million in specialist equipment.
From its head office at Drumoak, Paradigm Flow provides specialist solutions for the detection, remediation and prevention of subsea and topside blockages.
The strong start to 2017 has seen the award of contracts both in the domestic N. Sea market and in key overseas regions including the Gulf of Mexico and West Africa.
The demand, coupled with a desire to scale the business globally, has prompted Paradigm Flow Services to increase its team by ten and the company is currently recruiting across various disciplines including Flexi-Coil, design engineering, project planning, business development and subsea services.
In addition, £1.5 million investment and expert industry support has brought to fruition new technology for subsea and pipeline flow remediation in the form of Flexi-Coil 2.
Using ultra-lightweight and flexible hybrid composite coil, the system is able to traverse multiple bends within a riser and pipeline system and can be deployed in tight spaces on an FPSO or platform without the need for excessive engineering.
Also in Aberdeen, oil and gas & marine services firm OEM Group has appointed Mike Macleod as its new finance director as part of the company’s growth plans, which aim to see its turnover increase by 25% to £3 million in the next 12 months.
In addition, the company has also bolstered its team in the UK by taking on five engineers as well as employing Craig Stephen as UK sales manager.
OEM has also increased its office space in the city to accommodate its additional personnel and has further invested in tooling equipment and workshop equipment.