Hydrasun, which provides integrated fluid-transfer, power and control services to the global energy market, yesterday said there had been a surge in demand for its umbilicals products.
The Aberdeen company announced the news at its stand at OTC.
The umbilicals and subsea connectors department has reported a 50% increase in sales, from around £6million in the year to the end of March 2011 to about £9million in the latest financial year.
Hydrasun said the jump in demand has resulted in an increase in staff numbers in the department from 19 to 34. Most recently, the firm provided more than £10million of products, both umbilicals and specialist hose assemblies, for the Burullus West Delta Deep project, offshore Egypt.
Chief executive Bob Drummond said: “We have had a really positive start to the year and the considerable increase in sales for umbilicals has partly been due to the number of operators working on major projects, such as Burullus, who have chosen Hydrasun. Exhibiting at OTC gives us the opportunity to showcase what Hydrasun can offer.”
The company’s global staff numbers have increased by more than 100 in the past year to a total workforce of nearly 600.