COSALT Offshore, a provider of lifting, tooling and marine services to the oil and gas industry, has invested more than £1million in developing its lifeboat division to underpin expansion plans.
It has spent the money on new premises for the division including 3,000 square feet of dedicated workshops, equipment, a service centre and store rooms and a one-acre yard, adjacent to its main Bridge of Don base in Aberdeen. Cosalt Offshore has also expanded the product lines it offers and taken on an additional eight skilled staff to give a team of 56 multi-disciplined service technicians serving all sectors of the offshore and marine industries.
Colin Cunningham, newly appointed general manager of the lifeboat division, said: “We believe our investment in our lifeboat division reaffirms our commitment to high standards for our customers.
“Our main focus is the oil and gas industry and, as well as working predominantly in the North Sea and Europe, we have expanded into west Africa and expect to increase the levels of work we do in these regions in future.
“We are also looking to target the marine industry generally and see many opportunities there for growth in the coming years.
“We supply our own brand of new lifeboats direct from our own manufacturing base, ensuring they are a cost-effective option and have all the necessary class approvals in place and comply with the latest legislative requirements.”
Contracts secured recently by the division include work with Chevron and Dolphin Drilling. In addition, Cosalt Offshore has long-term contracts with clients including BP, PSN, Subsea 7 and Aker Solutions.
It has 300 personnel based in Aberdeen and a further 110 at its operations in Stavanger and Lowestoft.
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