Lloyds Register has opened a new 100,000 sq foot facility.
Its new Kingswells base, in the Prime Four development, has the capacity to hold up to 900 people.
Alasdair Buchanan, director of the energy business at LR, says: “The building creates an effective, modern and collaborative working environment which is designed to the overall benefit of our employees, the organisation and our customers.
“It is very much focused on the future and helping LR and our customers to achieve ever greater confidence in managing the up and coming opportunities of developing tomorrow’s safer and sustainable energy supply. This includes nurturing technology breakthroughs to overcome increasing economic and operational complexities that our customers face. The new world of business and technical assurance, safety and integrity has a challenging contribution to make in today’s energy markets and cost-sensitive climate.”
The LR Kingswells facility is one of a series of significant investments that LR is making to secure its future growth in the UK, and in its many overseas markets where it has also made considerable investment in areas such as Oslo, Dubai and Singapore.
“We appreciate that current market conditions are challenging. But this new facility is an investment for the future and Aberdeen’s future, and we are fully committed to supporting both the energy sector in the UK and our global energy operations with the talent available here in Aberdeen and across Scotland,” Buchanan added.
“We are beginning to see hints of recovery in the global market, including an increasing number of rigs being brought back in to operation and heavier activity in mergers and acquisitions.”
LR acquired a number of companies to expand its range of technical assurance and consulting services to the oil and gas sector, including Scandpower, Human Factors, West Engineering, ModuSpec and more recently its largest ever investment in global energy services company Senergy. The case for co-locating its technical staff has been compelling.
Buchanan says: “By bringing together all of our expertise and disciplines in to one building, customers will be able to receive a truly cost-effective and integrated range of services. Critically the new building will drive significant cost efficiencies and economies of scale which will be passed on to our clients in the form of better quality services.”
The new facility will house teams of experts in survey and geo-technical disciplines plus reservoir, drilling wells, asset integrity, decommissioning, risk management and inspection and compliance services. It is one of the largest LR offices worldwide in terms of headcount.
The scale of investment made by LR in Scotland underpins the company’s approach of ensuring that its expertise can be used to help drive improved performance of UK oil and gas assets whilst effectively managing risk for the sector, as well as the low carbon power generation sectors of renewable and nuclear energy. The sole shareholder of LR, UK charity Lloyd’s Register Foundation, is also supporting the University of Aberdeen with a grant of £1,185,000 for a research programme on Safety and Reliability Engineering lasting over 6 and a half years. The grant is helping to research a number of initiatives in to safety and reliability engineering, and with a particular focus on the effect of human factors as well as new technology for extreme environments, and the reliability of renewable energy infrastructure.
Buchanan believes the new building is an inspiring facility that will stimulate innovation and help to progress LR’s drive in to current and emerging technology themes across the energy industry.
“The new facility allows us to dedicate more resources and expertise to research and development in areas such as advanced inspection technology, unmanned systems, Enhanced Oil Recovery and asset life extension,” said Buchanan.
“We are positioning LR to become the ‘super-surveyors’ of the future; giving operators greater control by reducing the gap between operational assets and the data they generate, which will help us successfully improve how assurance is applied through transformational technology to reduce OPEX costs and risks.
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