Production optimisation specialist Enpro Subsea said it plans to double its global sales by 2021.
The business, which has supplied more than 50 of its subsea Flow Access Modules (FAM) since the product was launched 2016, aims to increase sales by a further 100% over the next two years.
Enpro said it will also look to increase its workforce from 45 to 70 across its operational bases in Aberdeen, Houston and Ghana over the same period.
Managing director, Ian Donald, said: “To date, we have been primarily focused on delivering metering, flow assurance and hydraulic intervention solutions using our FAM hubs but now we are looking at high-integrity pressure protection system (HIPPs), pumping and data acquisition solutions using the same technology.”
“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.”
“With assistance from Scottish Enterprise, we recently completed a £1.5million investment in our high pressure 15kpsi capable Flow Intervention System (FIS) which will undergo subsea trials later this year. Together with our existing system currently operational in Ghana since 2017, this new system places us in a very robust position to further grow the business and expand our range of intervention services.”