Aberdeen company Axis Well Technology said yesterday it had recruited 10 people since the start of the year and planned to take on 30 more as part of its international expansion.
Axis, acquired last year by private-equity firm Elysian Capital, provides well technology and reservoir development services to the oil and gas industry.
Since Elysian’s purchase of a majority stake for an undisclosed sum, the company has extended 15 contracts with existing customers and secured seven new deals worth millions of pounds.
Axis said the new jobs, which will see the firm’s workforce growing by 20% since the start of the year, would be spilt between its Bridge of Don headquarters and offices at Westhill.
The company has recently opened an office in London to support growth plans for a business already operating in more than 20 countries.
“Our recently-opened London office and expansion of the Aberdeen HQ will help us provide continued support and a fully-integrated service offering to our client,” said Jim Anderson, Axis’ chief executive.
“Our healthy order book for 2014 will see us execute work in Kenya, Qatar, Canada, Poland and Abu Dhabi.”
Axis said work in Canada was also providing “significant” growth opportunities for its petroleum engineering and well operations business.
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