Oil and gas engineering firm JWF is eyeing export growth after creating a joint-venture with an English technology company.
JWF said yesterday its tie-up with Swinton Technology, based in Malton, Yorkshire, would help it win new business in “established and emerging” overseas markets.
The collaboration deal will see Glasgow-based JWF supply software alongside its instruments measuring flow, temperature, pressure and other variables.
Swinton’s Prognosis diagnostic software provides real-time malfunction alerts and meter accuracy assurance.
It is used by major oil and gas operators around the world in both onshore and offshore operations.
Craig McLaren, general manager in JWF’s metering division, said: “The oil and gas industry is under a lot of pressure at the moment, with operators looking for creative ways to cut costs.
“Our collaboration with Swinton is an example of how JWF will use innovative ways to make life easier for our customers and facilitate a cultural change.
“For our customers, it means they will have one integrated point of contact – saving them time and money.”
JWF, which was founded in 1962 and has 24 employees working from offices in Glasgow, Aberdeen and Billingham on Teesside, supplies the oil and gas processing industry with technologies used to measure characteristics including flow, pressure, temperature and level.
Last November, it announced it had broken £10million annual turnover for the first time after winning a string of major North Sea contracts.
Meanwhile, Aberdeenshire firm Bibby Offshore said yesterday it was expanding its energy services into the offshore wind array cable installation market.
The Westhill-based company has purchased a cable carousel from Ecosse Subsea Systems, of Brathens, near Banchory, allowing it to lay power lines for offshore wind projects from its vessels.
Elsewhere in the north-east, engineer Ace Winches, based at Towie Barclay Works, near Turriff, said it had won a second contract on the Hebron oil project off the coast of Newfoundland and Labrador in Canada.
Ace, which has previously supplied winches for the ExxonMobil-operated heavy oil development said the new deal was worth a six figure sum and would see it supply hydraulic drum winch packages.
The Hebron co-venturers are ExxonMobil Canada Properties (35.5%), Chevron Canada, (29.6%), Suncor Energy (21%), Statoil Canada (9%) and Nalcor Energy (4.9%).