Oilfield technology firm Petroleum Technology Company (PTC) has expanded its UK North Sea operations team to more than 30 and boosted turnover to more than £8million, as it marks five years based in Aberdeen.
PTC moved into Aberdeen in 2009 with a team of 10 in offices at Great Western Road. Initial turnover of £1million has now doubled year-on-year.
It has significantly expanded its operational HQ in Aberdeen, trebling its office and engineering design spaces, and doubling its industrial workshop base.
PTC has also brought manufacturing of its products to the UK.
The company is a leading developer and supplier of gas lift and wellhead integrity products.