Swire Oilfield Services Opens New Headquarters

Press Release November 28, 2012

Swire Oilfield Services' chief executive officer, Tor Helgeland; chairman, Barnaby Swire; director & general manager UK, Roy Burrell; and chief operating officer, Richard Sell.

Swire Oilfield Services, a global supplier of cargo carrying solutions, modular systems, offshore aviation services and fluid management, has officially opened its new £4 million global headquarters in Aberdeen.

The new headquarters are part of an overall investment in the business of £50 million this year to support the company’s international business development strategy.

Swire Oilfield Services currently employs 750 people globally and expects to further increase its workforce by approximately 30% over the next 12 months. In 2013, £35 million is being invested in North Sea operations and £95 million globally, including new rental fleet units and support infrastructure.

The new premises, Swire House, were officially opened by Swire Oilfield Services’ Chairman, Barnaby Swire. The headquarters can house 150 employees, more than double the previous capacity. To support its growth, Swire Oilfield Services has created new positions in finance, information technology, human resources, marketing, fleet design and global fleet procurement underpinning the company’s commitment to the north-east of Scotland.

Globally, the company has increased its fleet size by 65% in the last five years and has in excess of 150 standard unit designs, more than 57,000 cargo carrying units and supports the world’s largest fleet of DNV 2.7-1 and EN 12079 rated equipment.

Chief operating officer, Richard Sell said: “The opening of the Aberdeen headquarters is a significant move for Swire Oilfield Services and helps to support our ambitious growth plans both in the UK and internationally. As we expand, new positions are being created across a range of functions. The new headquarters will contribute to the success of our global business development strategy, and will help to consolidate the position of Swire Oilfield Services as a leader in its field.

“We have seen significant growth across all of our operations worldwide in recent years and our plans are for further expansion with an ambitious agenda to grow our core business whilst also diversifying into new product streams. Our Aberdeen head office will be vital in the development of our business worldwide and in helping us to deliver on the exciting targets that we have set for the business. We are focused on being dynamic in order to best serve the customers’ needs whilst also remaining committed to providing a reliable service underpinned by high quality equipment and expertise to keep the global energy industry moving. We look forward to the challenges ahead as we drive the company forward.”