OilMac invests £1 million in expanding N. Sea equipment storage facility in Forfar

David Walker, financial director (left) and Alex Fyfe, managing director
David Walker, financial director (left) and Alex Fyfe, managing director

Grampian-based Oilfield Machinery Ltd (OilMac) has invested almost £1 million in new N. Sea oil and gas plant storage facilities in Forfar

The company currently occupies one part of the building but is extending into 95,000 sq ft of covered storage on the nine acre site.

The expansion has created two new job posts within the company with further logistics and asset management jobs expected to be created as the business continues to grow.

In addition, OilMac has recently employed David Walker as financial director to enable the business to achieve its growth potential. He has held previous financial director roles within both the oil and gas service sector and also business banking.

Alex Fyfe, OilMac Managing Director, said: “The increased storage space also provides us with the ability to source further surplus oil and gas equipment.

“By offering unused equipment, off the shelf, it ensures a quicker lead time for clients – as we increase our available stock, it increases the likelihood that we will have the exact equipment our clients require.

 “We are delighted to welcome David to the team at a very exciting time for OilMac. His experience is ideally suited to the role and his input and strategic forward planning will assist us greatly as we continue to develop the company in line with client demand.”

See also: Scottish Energy News 22 Mar 2016

New ‘E-Bay’ online trading platform for North Sea oil and gas tools is launched by Edinburgh-based ‘virtual’ factor


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