EnerMech Targets India in Latest Expansion

(Press Release)
Thursday, July 05, 2012
Steve Watson, Country Manager India, EnerMech Ltd

Mechanical engineering specialist, EnerMech, is to open its first office in India as a first step in developing a presence in the country’s fast expanding oil and gas sector.

The Mumbai office, headed up by newly appointed Country Manager Steve Watson, will be followed with the opening of a workshop and storage facility in Kakindada, Andrah Pradesh region, by the end of 2012.

EnerMech believes its Process, Pipeline and Umbilicals, Cranes and Lifting, Engineering and Valves Divisions can add value to exploration and contractor companies operating in the region.

The move in to India, which represents an multimillion dollar investment, ties in to an ambition expansion plan for the Asia Pacific region which will see new offices or bases being opened in Hong Kong, Kuala Lumpur and Busan, and Brisbane and Karratha in Western Australia.

EnerMech, which is a major provider of engineering. maintenance and training services to the energy sector, is already well represented in Singapore, Australia and China.

The company believes Indian based clients will benefit from its wide ranging experience of working on major Asia Pacific and Western oil and gas projects, and cost savings through the deployment of local labour and a large equipment fleet based in-country.

To drive the expansion plans, EnerMech have appointed Steve Watson as Country Manager and a recruitment campaign is underway for engineering and design staff.

Mr Watson worked for Halliburton for more than 36 years, holding operational and management positions in India and Bangladesh over a 17 year period, including Country Manager in India for the past 12 years and worked in similar roles in the Middle East, Russia and the Caspian region. Latterly Mr Watson has managed a number of pipeline and process projects in India for ONGC, Cairn Energy, Aker and Helix Energy Solutions.

EnerMech managing director, Doug Duguid, said: “India’s oil and gas industry is of major importance to us as we continue to internationalise the business. We are making a significant capital investment in infrastructure, equipment and in placing expert personnel in-country, which fits our long term strategy of extending our footprint in India.

“We hope the major producers and contractors will find our innovative and flexible approach an attractive proposition and we are looking to develop strong partnerships which mirror our success in other major oil and gas hubs.”

Steve Watson added: “Almost half of my career has been spent on the Indian subcontinent and I am looking forward to using that experience to roll out EnerMech’s business lines to the energy sector. The company’s willingness to invest in the region and reputation of training a local workforce to demanding international standards was a major attraction in taking this position.”

EnerMech also announced in May that they would invest £40 million ($65 million) in new equipment and in acquisitions to expand operations in the USA and planned to open a new base in the Gulf of Mexico in addition to its existing Houston operation.



 

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Schlumberger Announces Q1 Results

Schlumberger Limited (NYSE:SLB) today reported first-quarter 2014 revenue from continuing operations of $11.24 billion versus $11.91 billion in the fourth quarter of 2013, and $10.

Russia Ships First Oil From Offshore Arctic Platform

President Vladimir Putin hailed Russia's first shipment of Arctic offshore oil on Friday, saying the platform decried by environmentalists will help Moscow expand its global energy markets share.

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

Offshore

Coast Guard tactical air squadron holds change of command ceremony

Capt. Kevin P. Gavin relieved Capt. Donna L. Cottrell as commanding officer of Coast Guard Helicopter Interdiction Tactical Squadron Jacksonville during a change of command ceremony at HITRON Friday.

Shell Commited To Russia Expansion Despite Sanctions

Royal Dutch Shell is committed to expansion in Russia, Chief Executive Ben van Beurden told Russian President Vladimir Putin at a meeting on Friday amid sanctions

Russia Ships First Oil From Offshore Arctic Platform

President Vladimir Putin hailed Russia's first shipment of Arctic offshore oil on Friday, saying the platform decried by environmentalists will help Moscow expand its global energy markets share.

Energy

India's Reliance Q4 Sales Rise

Indian energy company Reliance Industries Ltd posted nearly flat fourth-quarter profits, in line with estimates, as a slimmer margin in its oilrefining business offset higher revenue.

Schlumberger Announces Q1 Results

Schlumberger Limited (NYSE:SLB) today reported first-quarter 2014 revenue from continuing operations of $11.24 billion versus $11.91 billion in the fourth quarter of 2013, and $10.

New sanctions threats as Ukraine stalemate goes on

A day after an international deal in Geneva to defuse the East-West crisis in Ukraine, pro-Russian separatists vowed not to end their occupation of public buildings

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Navigation Pipelines Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1479 sec (7 req/sec)