New Orders Boost Norson's Hydraulics Division
Norson Services has won a series of diverse contracts totalling £1.1 million in its hydraulics division.
The contract wins for the multi-disciplined services company include Aker Verdal, McDermott Caspian Contractors in Azerbaijan, Scottish and Southern Energy and First Projects.
The Aker Verdal contract involves the design, manufacture and commission of hydraulic pin release systems on the Buzzard field in the North Sea. Whilst the refurbishment and commissioning of a saturation dive system on a diving support vessel for McDermott Caspian Contractors took place in the Caspian Sea.
Closer to home, Norson is currently refurbishing two hydraulic systems at Scottish and Southern Energy's Peterhead power station and another hydraulic system on Clachnaharry Rail Bridge in Inverness for First Projects.
Norson's hydraulics division, valued at £5 million, is divided into two main business streams, the design and construction of hydraulic systems together with system and component maintenance, and the supply of hydraulic components
Managing director, Bill Bell, comments: "During a prolonged period of down-turn in the North Sea, we actively pursued other opportunities, particularly in the power generation and transport sectors where our proven skills and expertise in hydraulic, mechanical and controls are in demand. We are delighted that so many of these have come to fruition.
"With the upturn in drilling activity in the North Sea and overseas, we are also seeing an increase in drilling and production related projects.
The company, which currently turns over £15 million and employs 140 people, has also been developing its pipeline, process and umbilical business, primarily overseas.
"Hydraulics remains a key part of our business and presents opportunities for growth," adds Mr Bell "We are currently working with most of the world's drilling companies and with the emergence of new operators developing new drilling programmes and new fields, there are major refurbishment programmes coming up for which we will be in the frame. Our range of patented equipment, technical innovation and skilled employees has established us as a market leader with a reputation for cost-efficiency will help us capitalize on the new opportunities.
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