EPC Offshore on track to double first year turnover with expansion plans

15 March 2011

EPC Offshore has built on its first year in business with a clutch of high profile contract wins and plans to expand its operations in Aberdeen. The company, which assists oil and gas firms turn development opportunities into commercially successful assets, achieved a turnover in excess of £3 million in its first year and is on course to double that in year two. EPC Offshore now employs 37 full time staff with plans to recruit a further 15 in 2011.

Keith Wallace (left) and Peter Kirkbride

Recent business wins include contracts with Ithaca and Shell. These contracts involve the full range of EPC Offshore’s project definition and project management services.

Led by directors Keith Wallace and Peter Kirkbride, EPC Offshore is now embarking on a search for larger office space in Aberdeen city centre in order to meet its ambitious long term growth strategy.

“With extensive experience in the oil and gas industry, we understand the pressures to achieve targets and progress projects but also the challenges in driving projects forward to sanction. Our vision was to create a company that filled the gap with highly experienced people that offer intelligent solutions and a project focused framing map capable of delivering a bankable project,” said Mr Wallace.

“By combining the extensive experience of our management team with a process and system driven approach, we have quickly established an impressive reputation for turning development opportunities into commercially successful projects. It is important for us now to further grow the appropriate resource infrastructure and skills set in order to maintain our current growth.”

Based in Albyn Terrace, EPC Offshore works with companies across the UK to progress projects to sanction and final delivery. It uses a comprehensive and structured set of principles to achieve maximum project value, optimum resource utilization and quality assurance.

EPC Offshore manages the delivery of the permanent facilities right up to the point of commissioning and handover to the operations team.

“Our definition and management services are built on the bedrock of our project control capability, added Mr Kirkbride.

“The past year has been a tremendously successful one for us and provided us with the platform to become further established as a key player. Our turnover is on track to double this year and with the prospect of a number of major contracts looming over the coming months, we anticipate further sustained growth in 2011.”