Aberdeen-based oilfield services firm Enerquip has hailed a landmark move into a new market with its first ever contract to supply equipment to Uganda.
The $500,000 deal will secure work at EnerQuip’s bases in Aberdeen and Caithness, as well as accelerate a recruitment drive for the firm, which specialises in manufacture of torque machinery.
Global sales manager Darren Bragg said: “Given that around 95% of our revenues come from export markets, it is imperative that we continue to expand our corporate horizons in ways which ensure diversified income streams in new regional markets.
“In working with an existing customer in a new territory, we are delighted to be able to foster client relationships in a mutually beneficial way which enables us to support clients on their growth trajectory whilst exploring new possibilities for Enerquip.”
The name of the client hasn’t been disclosed, but Enerquip said it builds on a successful 2021 which saw it secure $2 million worth of deals.
The company said it is planning to recruit nine new technical engineering and design workers to its team in the UK, taking its total headcount in excess of 65, as it builds on “an already healthy 2022 order book”.
Mr Bragg added: “We hope that delivering this first project into the fledgling Ugandan marketplace will provide us with a vital springboard to explore further opportunities in country as the industry develops and in the wider East Africa region.”
Founded in 2015, Enerquip has a client base across Africa, North and South America, Canada, Europe, Far East, Australia, Middle East and Russia.
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