A SCOTTISH energy procurement firm has hailed a significant increase in demand from energy sector clients operating in the North Sea and other areas.
It has prompted ESWL to double its headcount and move to larger premises.
The firm, a provider of procurement solutions to the global oil and gas industry, has increased the size of its team from 11 to 22 in the past year, and said it expects further growth. Its new 12,000 square foot base is at Prospect Place, Westhill.
is around five times larger than the company’s former site at Inverurie’s Blackhall Industrial Estate. It includes yard, warehouse, office, and boardroom facilities as well as offering convenient access to the city and surrounding areas via the AWPR.
Following a six-figure investment in new IT systems, warehouse equipment and machinery, ESWL expects the move to Westhill to act as a springboard to further success.
READ MORE: Scottish renewable energy generation hits record high
The company, which has signed an initial 10-year lease, expects to recruit an additional four members of staff before the turn of the year to further strengthen key frontline positions.
The growth follows a management buyout, completed earlier this year, which saw managing director Iain Dougary assume sole ownership, having agreed to purchase the stake held by north-east entrepreneur Colin Fraser, owner of Inverurie-based Cable Solutions Ltd.
Mr Dougary said: “The past year has been a hugely exciting time for the business as we’ve taken ambitious steps to capitalise on new opportunities and lay strong foundations for growth.
“Despite the challenges facing businesses of all sizes, we have been fortunate to benefit from greater demand for our services – something that demonstrates the value we place in building and maintaining positive, long-term relationships with our clients both locally and internationally.
“The move to Westhill brings us closer to several of our key customers, while I’m extremely pleased with the positive impact already being made by our new colleagues who have provided fresh impetus to the business.”
Founded in 2010, ESWL supports the oil and gas, construction, marine, nuclear, and renewables sectors and currently works in more than 30 different countries, providing end-to-end procurement support to keep critical operations flowing worldwide.
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