Oilfield service company Churchill Drilling Tool is celebrating after winning the high growth markets exporter of the year category at the 2017 HSBC Scottish Export Awards.
The company received the accolade at an awards ceremony held in Glasgow.
The award specifically recognises export achievement in high growth markets of interest to Scottish businesses including the Middle East and South Asia.
Judges measure the businesses’ success in terms of growth in sales and market penetration.
Churchill Drilling decided to expand in the Middle East in 2016 and has since established itself as a reliable supplier of innovative well contingency technology.
From its regional hub in the UAE, Churchill has secured a dominant market share for its technology and has seen its revenue exceed targets by a factor of four.
Mike Churchill, CEO and commercial director, said: “Our export journey has been incredible. For example, in the Middle East, we have gone from a standing start in 2016 to today being the leader in our market.
“The levels of repeat business and the development of new in country relationships reflect well on our approach and we will continue to pursue a people driven strategy as we seek to expand further.
“This is going to be a very exciting year for Churchill as we evolve and advance our technology to make our tools even more user friendly and reliable. We are here to help our customers save time and money on contingency operations and are always looking to innovate further and expand our range.”
The HSBC Scottish Export Awards – in association with Scottish Enterprise, – recognise exporting excellence in emerging, wealth-creating companies that are selling products, services and expertise on an international level.
