Turnover up at Ecosse Subsea

Company News - September 20, 2011

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Subsea UK News reports that Aberdeen-based Ecosse Subsea Systems has marked its 16th anniversary with news they have received two nominations for prestigious business awards and that turnover has increased.

For the year to March 31st, 2011 the company saw revenues grow to £1.9 million in a year which included the launch of the company’s innovative SCAR specialist trenching plough.

An increase in work prompted the creation of two student summer placements for 2011 while Maureen Petrie has been promoted to the role of personnel operations director to
cope with an upturn in demand for Ecosse Subsea Systems’ personnel division, which specialises in sourcing experts for the subsea oil and gas and offshore renewables industries.

The company is also a finalist in the Wood Group Award for Innovation category of the annual Grampian Awards for Business Enterprise.

Ecosse Subsea Systems has also been shortlisted for two prestigious Northern Star Business Awards and has reached the finals of the categories for Commitment to
Innovative Use of R&D and the new Energy Award.

Commenting on the success of the past year, Ecosse Subsea Systems’ founder and managing director Mike Wilson said: “Much of our focus during the past 12 months has been on getting SCAR to the marketplace and we are delighted at the global interest there has been in this piece of technology.

"We are currently tendering for work in many locations across the world including Hong
Kong, the Unite Arab Emirates and Saudi Arabia.

“Alongside that, we have continued to work with Ellon-based Aubin on the DeepBuoy and GLS lifting gels, and trials of the latter are about to begin in Orkney. We anticipate that
these will revolutionise the subsea lifting market and they also have very strong possibilities for use in the renewables sector.”

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