Rotech Subsea is starting its new trading year with the rare but welcome experience of having all of its sophisticated trenching and excavation systems either out on projects or about to leave the yard.
The Aberdeen company will soon have all of its 14-strong fleet working on location – or on their way there – for the second time in as many months.
It has two twin systems about to leave for Belgian waters and another soon on its way to Germany.
Other systems are already on site with customers needing Rotech Subsea’s technology for projects in Bangladesh, Saudi Arabia, Germany and the southern UK North Sea.
Director Stephen Cochrane said Rotech’s yard had never been empty before May.
The group has fabrication and engineering subsidiaries working on more subsea systems to meet unprecedented global demand for the technology.
“We are really starting to service the world from Aberdeen,” Mr Cochrane said. “We’ve conquered the European market and are being pulled into other regions, with more fabrication capacity coming through.”
Complete system spreads, including versatile cutting and other tools, are worth up to £800,000.
Rotech ploughs profits back into staying at the head of a fast-growing global market.
The subsea subsidiary funds engineering R&D of about £1.5 million a year, with a further £1m earmarked for new builds and technology.
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