OIL services firm Enpro Subsea expects to double turnover over the next two years after winning a good response to a product launched amid challenging conditions.

Aberdeen-based Enpro said it has sold more than 50 of the units it developed to maximise production from subsea wells since launching the module in 2016.

The launch of the product at a time when oil firms were slashing activity in response to the crude price plunge from 2014 represented a bold move.

Enpro's managing director, Ian Donald, said: “Surpassing the 50-modules mark is one of the company’s major milestones to date. It has increased our visibility with both major and independent operators alike, potentially opening up new markets in new subsea regions."

The company noted it recently invested £1.5m developing another product, with support from Scottish Enterprise. This will undergo subsea trials later this year.

With exports accounting for 70% of revenues last year, Enpro has done well in markets such as the USA and West Africa.

The company expects to increase employee numbers from 45 to 70 over the next two years. It has operational bases in Aberdeen, Houston and Ghana.

Enpro did not disclose details of turnover or profit.

Accounts filed at Companies House indicate the firm made a retained profit of around £1.3m in the year to end March 2018.