The management team which built up PSL Energy Services from receivership to an 1100 employee company worth more than £120 million is back in business.
Phil Bentley, John Wingfield and Derek Grant have joined the board and taken an equity share in mechanical services company EnerMech Ltd. The trio join EnerMech founding directors Doug Duguid and Michael Buchan, who were PSL's managing director and finance director respectively.
Phil Bentley has been appointed operations director, Derek Grant as commercial director and John Wingfield business development director – the same roles each fulfilled at PSL as the team built the company into a major eastern hemisphere oil and gas services company.
Mechanical services company, EnerMech Ltd, have hit the acquisition trail again with the purchase of Bjørge ASA's crane division. The deal gives Aberdeen based EnerMech a significant entry point to the lucrative Norwegian North Sea crane and heavy lifting sector.
The value of the deal is not being disclosed but will see EnerMech take over all contracts, equipment and personnel connected to Bjørge's crane activities at Stavanger and Haugesund, while operations at both the existing locations will continue for the foreseeable future.
On Monday 6 th October the Directors announced that Specialist Maintenance Services Ltd ( SMS) in Aberdeen, and its sister company Great Yarmouth based training provider, A1 Safety Training Consultants Ltd had been acquired by EnerMech Ltd.
EnerMech was set up earlier in the year by former PSL owners Doug Duguid, Michael Buchan, Derek Grant and Phil Bentley with a combined capital inve stment of more than £30 million by the four shareholders and private equity firm Lime Rock Partners.
A new start-up company by the former directors of PSL Energy Services has marked its entry in to the mechanical services market with a double acquisition.
EnerMech Ltd have snapped up the UK's second largest independent crane and lifting contractor, Specialist Maintenance Services Ltd (SMS) in Aberdeen, and Great Yarmouth based training provider, A1 Safety Training Consultants Ltd.
EnerMech was set up by former PSL owners Doug Duguid, Michael Buchan, Derek Grant and Phil Bentley with a combined capital investment of more than £30 million by the four shareholders and private equity firm Lime Rock Partners.
A leading Aberdeen-based Offshore crane and lifting service firm has secured a contract with Mobil North Sea Limited (MNSL).
Specialist Maintenance Services Ltd (SMS) has renewed and extended its contract with MNSL, taking complete responsibility for the company's crane and lifting operations, including Onshore management and Offshore crane maintenance.
EnerMech Ltd as appointed Martin Dunbar as Business Development Manager (Lifting).
Martin joins us from from Cosalt International where he spent 14 years and was latterly Client Operations Manager.
His focus will be to develop and expand the lifting and inspection services business lines with existing and new clients and to assist EnerMech in its growth strategy to become the largest single source supplier of key product lines to the heavy lifting industry.
EnerMech is proud to announce that we now offer the OPITO accredited Minimum Industry Safety Training (MIST) course. Training is carried out at both our Aberdeen and Great Yarmouth purpose-built training centres.
The MIST standard was borne out of industry concerns over basic safety knowledge and aims to provide consistency throughout the industry in safety critical areas. The industry set a target that all UK offshore personnel will have completed this training by the end of 2010.
EnerMech Ltd has joined an oil and gas industry steering group which is reviewing guidelines on the use of flexible hose management.
Conducted under the auspices of The Energy Institute, the group comprises of
operators such as Talisman, Chevron and Nexen and major suppliers, and will review the current UKOOA guidelines which were established in 2003.
EnerMech has invested £200,000 on specialist equipment to boost the company's hydraulics business line
The CNC machining facility (Computer Numeric Control) allows
the Aberdeen-based mechanical services company to manufacture equipment parts which previously had to be sourced through suppliers.
EnerMech can now offer a full engineering design, prototyping and production manufacture in-house, while providing full traceability from original design calculations to materials used on products such as 10,000psi fittings.
The Colchester Tornado twin spindle machine can perform 12 live tooling operations, such as milling and thread rolling, without stopping to change tools and is capable of manufacturing 1400 individual equipment parts per week.
Alan Bailey, EnerMech's equipment manager, said: "The investment in a CNC machine gives us the ability to design and manufacture high-pressure fittings and a competitive advantage because we are the only mechanical services company in the Aberdeen area which can provide this complete service in-house.
"It means our hydraulics clients will benefit from a super-efficient turnaround on new and replacement machine parts which conform with EnerMech's highest quality control proces
"This added manufacturing capability is a good example of how our company endeavours to find new, more efficient and cost effective ways of doing business, which ultimately benefits our client base."
EnerMech Ltd has secured a contract with Maersk Oil North Sea UK Limited worth an estimated £1 million.
The Aberdeen mechanical services company will provide flexible hose inspection and maintenance services in addition to supplying hoses and associated equipment to three Maersk Oil assets, the GPIII, Gryphon and Janice.
