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Insider UK
Business
Kenny Kemp

Offshore engineering firm hits milestone and aims to double sales

Enpro Subsea has hit a landmark with more than 50 sales of its subsea Flow Access Modules (FAM) since its launch in 2016.

The Aberdeen-based business aims to increase sales by a further 100% over the next two years and increase its workforce from 45 to 70 across its bases in the north-east, Houston and Ghana.

Engineering group to double revenues as it closes in on $10m deal 

The company, formed in 2011 with five employees, delivers cost-effective flexible solutions to enhance subsea production.

Enpro Subsea is exhibiting at OTC 2019 in Houston this week.

Managing director Ian Donald said: “We have been focused on delivering metering, flow assurance and hydraulic intervention solutions using our FAM hubs but now we are looking at high-integrity pressure protection system (HIPPs), pumping and data acquisition solutions using the same technology.

"FAM enables an open subsea architecture allowing any subsea processing hardware to be retrofitted onto any well, achieving standardisation with flexibility for our clients.”

“Surpassing the 50-modules mark is one of the company’s major milestones. It has increased our visibility with both major and independent operators, opening up new markets in new subsea regions.”

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“With assistance from Scottish Enterprise, we recently completed a £1.5 million investment in our high pressure 15kpsi capable Flow Intervention System (FIS) which will undergo subsea trials later this year.

"Together with our existing system operational in Ghana since 2017, this system places us in a very robust position to further grow the business and expand our range of intervention services.”

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