Aberdeen companyChurchill Drilling Tools is to invest £500,000 in its facilities and create new jobs in order to meet growing demand for its safety improvement technologies.
The company also is on course to record a turnover of £3.5million in this financial year with results up by about 30% on 2011.
It currently has a 20-strong workforce in Aberdeen.
The plan is to invest £500,000 in its Crombie Road facility over the next two years – significantly expanding production and taking on more back office and technical staff.
With more than a decade of hydraulic design experience, Churchill Drilling Tools has produced a range of patented drilling and well completions performance and safety improvement technologies that the firm says is used by more than 50 operators worldwide.