Glacier Energy Services said yesterday it expected to record turnover growth of 25% in the current year.
The oil and gas service firm was established last March after the acquisition of pipeline machining company Roberts and welding service specialist WellClad.
The combined turnover of the two firms was £4million before Glacier launched, but it predicted turnover in the year since then would be £5million.
The firm also announced two senior appointments. Sandy Smart has joined as rental and service director from EnerMech, while Mark Currie has been appointed operations director after moving from Clyde Union.