DiveSource, an international offshore crewing and diving consultancy based in Westhill, Aberdeenshire, said yesterday it was poised to double the size of its workforce after winning a multimillion-pound North Sea deal.
The firm was forbidden to name the client due to a confidentiality agreement, but said the three-year master service contract was with “an established UK North Sea operator.”
DiveSource, which is only a couple of years old, added the initial deal could be extended due to two optional one-year extensions.
The company will provide subsea specialists and consultancy services for operations in UK and Norwegian waters under the arrangement, which is believed to worth in the region of £4million to £6million but potentially a lot more.
DiveSource said it would lead to its core team doubling in size by early 2018, with its pool of active contractors reaching 120 people.
Managing director Sarah Hutcheon added: “The award of a contract of this size and value means that the future of the company is extremely positive in what remains a challenging market.
“It has given us the confidence to grow our core team … and our staff levels will have more than doubled by the end of Q1 next year. We are looking forward to working in collaboration with the operator on safe subsea operations overseen by competent company reps.”
Within the past year, DiveSource has launched a dive control simulator, expanded its team and been recognised as an official training provider on the Transition Fund Scheme, which helps people affected by the oil and gas downturn.
The company also appointed Richard Jones to the role of diving technical authority. Mr Jones joined the firm after seven years as a diving and subsea advisor at Shell, where he played a key role for the oil and gas giant’s diving centre of excellence.
Ms Hutcheon launched the business in 2015, having previously worked for a subea services company. She also had a spell as regional manager, Scotland and Norway, for the Energy Industries Council, where she worked primarily with the oil and gas supply chain to identify opportunties for growth.