An Aberdeen firm which makes tools for well-bore cleaning and well abandonment plans to create dozens of jobs in the Middle East after moving into a new office.
Coretrax, founded in 2008, said its Saudi Arabian operations would be based out of a custom build facility in Damman.
The firm said 50 people will work there at first, but that the figure is expected to grow to 95 in a year.
The building has office space for 150 people and a warehouse and training complex.
It is one of five bases Coretrax keeps in the Middle East.
Kenny Murray, director and founder of Coretrax, said: “Having a strong base in Saudi Arabia is key to ensuring that we continue to meet the growing needs of our customers in the area. This expansion marks a major milestone for Coretrax, particularly in terms of expanding our international presence.
“We have invested a significant amount of time and hard work into our operations in the UAE and this regional growth is a direct reflection of our expertise, the quality of our products and our service offering. We’ve worked hard to get to this point and I’m incredibly proud of our dedicated and enthusiastic team, which we look forward to growing in the coming months.”
The business is also exhibiting at Adipec this week, its third consecutive year at the event in Abu Dhabi.
Elliot McDonough, country manager for Saudi Arabia at Coretrax, said: “The Middle East has, and very much continues to be, a key region for our growth. Our new facility is in recognition of this, as is our commitment to exhibiting at ADIPEC for the third time. Our previous ADIPEC experiences have been incredibly successful, providing us with a key opportunity to highlight and increase the awareness of our offerings.”
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