AN Aberdeen-based well engineering and project management company said it has delivered more than £9 million worth of contracts in the past year and declared that 2020 will surpass that total.
Zenith Energy has seen an 80 per cent increase in turnover from 2018 to 2019 for its UK office with around 50 personnel working on significant projects based in the UK, Australia and Morocco.
READ MORE: Premier Oil in $900m North Sea expansion
The company has focussed on growth in other markets across the globe in recent years but the company has seen some signs of recovery in the UKCS with two projects in UK and Irish waters this year, heralding the first work in the region for Zenith for the past three years.
Martin Booth, managing director, said: “We have a balanced portfolio of clients and a mix of national and international work which smooths the peaks and troughs.”
The firm had seen “steady growth”over two years.
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules here