Aberdeen energy service firm Senergy said yesterday it was on track for a sizeable increase in its Norwegian business.
The firm hopes to increase staffing in the country from 22 in May to 34 by next May. It has offices in Stavanger and Oslo.
Senergy is also aiming to increase its Norwegian turnover from £7.3million to £11.9-£13million in the same period, according to Frode Linge, the company’s regional manager for Scandinavia.
He said growth in Norway would continue to be strong, adding: “Industry projections for the forthcoming year estimate that the Norwegian market is worth in excess of £18billion and the projections are that this is going to continue growing.
“We are part of the service sector for that growth and Senergy is well positioned to capture a substantial share of it.
“There are lots of opportunities for us and we are getting more and more requests from firms who previously maybe had not outsourced, including bigger firms, whereas before it had been more medium-sized firms.”
He said key to the growth – which would include increased activity in the Danish sector – was the ability to recruit the right staff.
The firm, which is exhibiting at ONS, provides services including reservoir engineering, marine site surveys, rig positioning, reserve and asset evaluation and project management. It set up Senergy AS, in Stavanger, in 2005 through carrying out work for Talisman Energy Norge on the Varg development.
Last year, Senergy relocated to larger offices with training facilities in central Stavanger and opened another office in Oslo.
Clients in Norway now include Statoil, Petoro, Noreco, Centrica, BG, OMV and GDF Suez.
Senergy said demand for its training services, including petrophysics and core analysis, had helped to boost growth.
The company employs more than 750 people worldwide with 320 in the north-east and 120 of those in Aberdeen. Its 2011 turnover was £107.7million, up from £80.2million the previous year.
Recommended for you
