Aberdeen energy-service company RBG plans to expand into new markets following its takeover by Stork Technical Services (STS).
RBG was sold to the Dutch group recently in a deal believed to be worth between £150million and £250million, and the north-east firm said yesterday the sale would help it to realise its full potential.
The comments came as RBG revealed operating profits increased by more than 60% last year.
When Stork Technical Services completed the takeover in May, RBG said it could lead to more jobs at the firm.
Operations already employing 4,500 people worldwide were expected to be integrated into the STS group by the year-end.
RBG said yesterday operating profits rose to £14million during 2010, from £8.7million the year before.
The improvement was attributed to greater cost control and growth across the company’s international operations.
Turnover dropped slightly to £305.3million last year, compared with £306.5million during 2009.
Chief executive Dave Workman said RBG would continue to increase its international presence in the coming years but the company declined to reveal which markets it had targeted.
Mr Workman added: “We have firmly established RBG in the Caspian, Americas and Middle East and continue to be the North Sea’s leading support partner of choice.
“Through the consolidation of our business operations and strategic investment in developing our international offering, we have paved the way for a new phase of accelerated global growth.”
He described the STS takeover as a landmark for RBG, adding: “The deal significantly raises the bar, providing the resources and backing that we need to fully realise our potential.
“Beyond 2011, we are preparing to expand into new geographical territories and enhance our range of integrated services.
“This is clearly an exciting time for us and there is great potential to further strengthen our track record and reputation in the years to come.”