ADIL, an Aberdeen consultancy providing management support to the energy industry, is looking to expand overseas after nearly tripling annual turnover in just two years.
The company predicts turnover will hit £11.5million this year, an increase from £4.5million in 2009.
ADIL (Asset Development and Improvement Limited) using this week’s Offshore Europe oil and gas show in Aberdeen to build overseas links and seek out new opportunities to further its expansion at home and abroad.
Growth in the past year alone has seen the company’s workforce swell from 30 to nearly 100 people to support increased demand for its field development expertise and consultancy work.
The firm – launched in 2006 – has also invested more than £1.2million in new offices and information technology systems in Aberdeen as well as a new operation in London.
In the past two years it has won contracts worth a total of more than £15million, covering more than eight projects in the UK continental shelf.
The work ranges from subsea tie-backs to a green-field development project west of Shetland and the firm is currently managing several field developments with an associated capital investment of more than £1billion.
Further progress is expected over the next two years, particularly overseas.
ADIL currently has staff supporting projects in the Netherlands, Romania, China and the Middle East.
Managing director James Paton, said: “We have seen a renewed confidence in the oil and gas industry in the past two years.
“I am delighted with the substantial increase in projected turnover for 2011 and the increased business opportunities that are coming our way.”
He added: “We have found that there is an international demand for our services, which include business management systems, supply chain and project services, positioning ADIL for future growth.
“These services are all transportable to new clients and geographical areas and we look forward to achieving our goals of expansion and internationalisation.”
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