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

Lawyer: Korea Ferry Owners Accept Responsibilities

The family that has a major stake in companies that control the shipping operator whose ferry sank last week, likely to have killed hundreds, will take social and

Fredriksen Joins Rival for New Capesize Firm

Shipping tycoon John Fredriksen is joining one of its shipping firms with rival Knighsbridge Tankers Ltd to create the largest U.S. listed Capesize firm, which

Wärtsilä Reports Healthy Ship Power Sector in Q1 2014

In its interim financial report January to March 2014 Wärtsilä notes healthy development in ship power and services offsetting challenges in power generation markets.

Offshore

Diamond Offshore profit falls as rig demand softens

Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a 17 percent drop in quarterly profit as demand fell for rigs used in deep water drilling.

GulfMark Offshore Records its Highest Ever Q1 Revenue

Houston-based GulfMark Offshore President & CEO Quintin Kneen commented on his company's first quarter 2014 financial report: "We recorded our highest first quarter revenue ever,

Offshore Oil & Gas: Brazil’s Northern Frontier

In an effort to spread out oil and gas production to other parts of the country and increase overall oil production, Brazil has finally intensified hydrocarbon

Energy

Diamond Offshore profit falls as rig demand softens

Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a 17 percent drop in quarterly profit as demand fell for rigs used in deep water drilling.

Baker Hughes Announces Q2 Conference Call

Baker Hughes Incorporated (NYSE: BHI) announced today that it has scheduled a conference call on Thursday, July 17, 2014, to discuss results for the second quarter 2014, ending June 30, 2014.

Explosion Rocks Natural Gas Processing Plant In Wyoming

An explosion on Wednesday rocked a natural gas-processing plant in Wyoming that can churn out about 2 percent of the daily U.S. gas supply, though no injuries were reported.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Salvage Ship Simulators Shipbuilding / Vessel Construction 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: 0.1834 sec (5 req/sec)