ABERDEEN oil service company qedi said yesterday it had exceeded its first-half growth expectations by 30% and created 50 jobs in the first six months of 2010.
Technology-focused qedi is forecasting full-year turnover of about £48million, compared with around £38million in 2009, after growing staff numbers in Aberdeen and its operations overseas. Some 10 new recruits have joined the Granite City office this year, with a further 40 being put to work abroad as qedi’s workforce mushroomed to more than 350.
It said its pioneering Go Technology project-management software was contributing to the increase in turnover.
Managing director Stuart McLeod said industry uptake of the licence for Go Technology had risen by 150% over three years, particularly in Nigeria and the Gulf of Mexico. He added: “It builds on the past five years’ global experience of applying our technology on major greenfield and brownfield projects as well as subsea developments across the US, Europe, former Soviet Union and Australasia.”
Qedi, set up in 1987 and which is working on more than 40 major capital expenditure and operational oil and gas projects globally, plans to launch an advanced version of Go Technology at the start of September.
Earlier this year, it revealed it had landed seven new contracts totalling £5.5million, with clients including BP, Agip, Lundin, Marathon, Talisman Energy and BG Group.