Aberdeen’s ATR Group has won a North Sea contract worth nearly £40million.
The firm – run by city businessman Keith Moorhouse – has struck a deal to take on the full management of portable plant and equipment across all of Wood Group PSN’s UK operations.
The three-year tie-up, worth in excess of £12million per year with the option to extend, is the latest in a string of wins for the company.
“This is a significant contract which will be serviced from our Aberdeen base and further develops our relationship with this hugely important client,” Mr Moorhouse said.
“As part of this contract, we will be providing services for assets including specialist lifting equipment to ensure that Wood Group PSN’s assets are fully certified, both on and offshore.
“In response to an industry-wide shortage of key equipment, we will continue to invest in our UK operations to ensure we have both the resources to meet the requirements of this contract and to meet the ongoing rise in demand from throughout the buoyant North Sea region.”
Wood Group PSN’s global supply chain manager, Cameron Marshall said: “We look forward to working with ATR to help standardise our equipment, maintain quality and find innovative solutions to enhance our business.”
ATR recently appointed three new directors in a drive to double turnover.
Dave Grant has been named group business development director to lead the next stage of the firm’s ambitious growth plan.
Following the acquisition of Underwater Engineering Services Limited (UES) in June 2012, Duncan Duthie has joined ATR as divisional director for UES. And Derek Sinclair has joined ATR to lead the marine division.
The firm hopes to grow its turnover to £150million in the next three years.