International offshore drilling equipment and maintenance firm RigQuip is relocating its Aberdeen headquarters.
The company will move into new offices in the city centre early next year.
It is the latest tenant to move into the newly refurbished Union Plaza office building on Union Wynd.
RigQuip, which has overseas bases in Norway, Abu Dhabi, the US, Mexico, Singapore, Malaysia and Turkey, has signed a five-year lease with Union Plaza owner Legal & General Investment Management (LGIM) Real Assets.
Matt Fraser, the energy service firm’s chief operating officer, said fitting out was under way and the aim was to have the UK and international management team – currently based in Dyce – installed in the new offices by late January.
RigQuip will have a ground floor office suite measuring 2,336sq ft within Union Plaza.
The company will benefit from LGIM Real Assets’ recent £1.75 million investment in the building.
Refurbishment work coincided with the introduction of Legal & General’s flexible leasing initiative, Capsule, aimed at meeting demand for more imaginative, ultra-modern, ready-for-occupation and multi-purpose working spaces in the city.
The Capsule suites offer flexible lease terms for tenants and all-inclusive rental agreements which include fast, reliable broadband speeds. They are being marketed by Knight Frank and Savills.
Dan Smith, director and head of Aberdeen office at Savills, said: “We are proud to welcome RigQuip to Union Plaza and trust the staff will enjoy the high-quality facilities on offer and the enviable city centre location.
“RigQuip joins a growing number of organisations looking for a fast and easy leasing process, with flexible ‘plug-and-play’ space.
“Legal & General’s Capsule initiative allows occupiers to move into high quality suites with minimal delay and without the hassle of having to furnish their new office space, making Union Plaza a highly desirable address and an obvious choice for businesses from a range of sectors.”
Other tenants of Union Plaza include Deloitte, Burness Paull, Mol and Trapeze, with LGIM reporting “significant” interest in the remaining suites, which range from 2,000sq ft to 8,500sq ft.