Subsea Engineering Achieves Global Growth
Just over a year after announcing significant growth plans, global subsea engineering company, MCS, is reporting a 40% increase in business across its network of international offices.
MCS embarked on a three-year growth program to capture a significant share of the global subsea market in 2006. In that time, turnover has increased to close to twenty million euro and employment across the company has risen over 40% to almost 200 people. It has also seen a transformation of the business from a niche provider of engineering services to a company delivering subsea tieback design projects for major operators in the US, China and Brazil.
MCS, group executive director, Patrick O’Brien puts much of the growth down to the company’s expanded service offering and its ability to recruit new talent. He says: "We are now an established global subsea player. Providing complete riser design and front end engineering services to clients, and broadening the company’s services in riser delivery management, subsea engineering, flow assurance, drilling, pipeline engineering, software and integrity management has resulted in a substantial increase in work. Clients are appreciating the benefits both in terms of efficiency and high end capability; also having one company that is able to integrate all aspects of subsea engineering including the critical seabed-to-vessel interface is a major advantage for operators."
"The combination of technical and analytical skills with practical knowledge and experience is what sets us apart. We have invested heavily in our people and in the recruitment of new blood. We are successfully recruiting experienced industry professionals to head up our new service areas while at the same time combining this with youth, innovation and enthusiasm. In terms of the age of our workforce, we are bucking the trend with around 95% of our engineers aged between 21 and 40 years, with 60% in the 21 – 30 year old bracket."
MCS has offices in Galway, Aberdeen, Houston, Rio de Janeiro, Perth, Australia and Paris.
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