Based in Aberdeen, Motive Spooling & Inspection – which employs 80 people – provides marine products to the oil and gas, subsea, decommissioning and renewable sectors.
Motive Spooling and Inspection will operate across the US, the Gulf of Mexico and Canada, forming a key part of the firm’s overall global expansion strategy. It follows a successful 2017 that saw Motive turn over more than of £10 million.
The US division will be led by Ally Forbes, director of Spooling and Inspection, with Patrick Porciello appointed as regional manager to oversee operations in Houston, Texas. They bring with them over 25 years expertise in the oil and gas, marine and engineering fields.
Forbes said: “Having people and equipment on the ground saves on transportation and mobilisation costs ensuring we can be competitive, flexible and responsive, while delivering reliable, high quality equipment and services supported by a team of experienced technicians.”
Aberdeen harbour operating profits ‘steady as she goes’
Aberdeen Harbour Board has reported an increase in profits thanks to a £10.9 million boost from the sale of land.
In its latest accounts, the port records a 5% increase in vessel arrivals since 2016 – and the first increase in vessel arrival numbers since the crude oil price slump started in 2014.
Figures for pre-tax profits rose from £18.64 million in 2016 to £26.98 million in 2017. This increase was due in total to a £10.9m gain on the disposal of land.
With operating profits remaining static, in line with expectations, the sale of the land supports AHB’s on-going plans to generate funding for its £350 million South Harbour development
14 Jun 2018