EFC Reports US Order Growth
Headquartered in Aberdeen, Scotland, EFC Group announced significant order growth for its Houston office and US-based manufacturing capabilities.
The Americas region of EFC Group, a leading designer and manufacturer of Handling, Control, Instrumentation, and Monitoring Systems for the global oil and gas industry, also announced several major new US contracts, taking its Hydraulic Controls Division over the $1 million USD [approx GBP600,000] mark in 2011 to date.
EFC Group general manager Americas, Mike Coady said: "Our Houston-based staff and contractor numbers have doubled in the last six months to meet local manufacturing demand.
"With the launch of EFC Group Hydraulic Control and Test Panel product line, the Americas team has recently secured contracts totaling over $1million USD. Most notably a contract award for six trailer mounted systems for a global pressure control company."
Ocean Rig has placed a further significant contract for its four ultra-deep waters high-specification drill ships, 12 hotline test panels have been procured, the first three have been delivered onboard the Ocean Corcovado.
Terry Wise, Ocean Rig Subsea Project Engineer commented "EFC quickly customized a neat solution providing the exact regulated lines for our testing needs. We will continue to work with EFC for future control and instrumentation systems."
EFC is predicting 60% international growth over the next two years, with a strong focus on the US market.
EFC showcased its latest hydraulic product launch, the high pressure 15Kpsi BOP Test unit during its OTC Open House. The BOP Test Unit answers the increasing industry need for frequent testing whilst reducing operational downtime.
Mike continues: "With North and South America and Gulf of Mexico sectors accounting for more than 30% of our international business, the US market is extremely important to us and is supported by our growing Houston team. We are continuing to develop our reputation as a specialist supplier of tailored mechnanical handling, well control, BOP control and marine instrumentation system solutions to the global oil and gas industry."