OceanTools makes million pound investment in new buildingCompany News // April 27, 2011
OceanTools, which designs and manufactures products for the subsea ROV and robotics industry, has made a million pound investment in new build headquarters in Aberdeen.
The custom-built offices, situated within the Aberdeen Science and Technology Park, are almost four times as large as the company’s previous office space, giving 500 sq m of offices, development laboratory and electronics workshop space.
OceanTools plans significant expansion in the coming two years and the increased space and enhanced facilities will allow the company to double its staff by 2013. The new headquarters building is called OceanTools House and is situated on Claymore Drive in Aberdeen.
“Building our new headquarters is a key step in the OceanTools expansion strategy,” says managing director Kevin Parker. “We now have the space for an additional twelve development and production engineers as well as increased administration positions. These new posts will enable our further expansion into key market areas including extension of our FPSO anchor chain/bend stiffener video monitoring systems.”
“We have recently built and delivered out first subsea digital video recorder for a Canadian client and plans are well underway for the launch of a new suite of cutting edge products by the end of the second quarter of 2011.
"We are also in the process of completing the design of two highly engineered electric pan and tilt units, along with standard and high definition subsea video cameras and LED lighting systems. These innovative products complement our existing range of OceanTools gyrocompasses, video overlays, digital CP probes and underwater displays.”
OceanTools, which was established in 1997, intends to continue its strategy of incremental and organic growth of the company in the UK at the same time as planning the opening of offices in key overseas locations.
OceanTools specialises in the design of underwater equipment for the offshore oil and gas, oceanographic and scientific and military and defence sectors.
The company manufactures a wide range of standard products such as north-seeking gyrocompasses as well as undertaking special project engineering including the development of FPSO anchor chain/bend stiffener video monitoring systems and the design of custom winches and hydraulic power units. Products are available for rental or purchase.
More about OceanTools can be found at www.oceantools.eu or by calling 01224 709606.