Two Scottish energy firms ‘listed’ on London stock exchange

Two enterprising Scottish energy firms have been ‘listed’ by the London stock exchange.

But this ‘listing’ for the Underwater Centre in Fort William and the ADIL oil consultancy in Aberdeen is not a standard company flotation.

Instead, they are both included in the exchange’s latest edition of the ‘1000 Companies to Inspire Britain’

The report is a celebration of the UK’s fastest-growing and most dynamic small and medium sized businesses. To be included in the list, companies must post revenues consistently between £6- £250 million over a three-year period and have significantly outperformed their industry peers.

The Underwater Centre, which is based at the shore of a seawater loch, Loch Linnhe in Fort William, has an extensive onshore and offshore site where there are a large range of vessels and equipment and a team of expert staff and instructors delivering subsea training, testing and research work  for clients across many sectors. 

 Steve Ham, The Underwater Centre’s Commercial Director, commented: “We are delighted to have been included in this year’s list and it is testament to the hard work of all our staff, supporters and most of all, our clients.

“We have been operating in an increasingly tricky marketplace with the ongoing downturn in the oil and gas industry, however, we have continually been working to adapt what we offer and tailor our services to the needs of our clients and this has proved successful.”

The centre’s unique location allows it to provide year-round realistic and industry-like training and testing in a tidal, open-water environment with access to depths of over 100 metres.

This was the second year in a row that Aberdeen-based oilfield consultancy firm ADIL has been included on the list. The provides development and operations management support to the energy industry and has upwards of 100 staff at offices in Aberdeen and London. 

Managing Director James Paton said: “It is a great honour to be recognised once again for our achievements in this way and we are extremely proud. We are listed amongst some of Britain’s top companies from a number of different industries, which is a real testament to our hard work this year.”