An Aberdeen businessman has taken decades of experience gained in the oil and gas sector to create a new company in Norway.
In a move which is expected to create two new jobs in the near future, Jim Shiach has drawn on experience gained running city-based Centrifuges Un-Limited to create CUL AS. The new company will be based in Stavanger and represents a significant stride forward in the company's long-standing commitment to the region.
By creating a permanent physical presence in a key emerging market, CUL AS will expand the availability of products and services in the Norwegian market. It will draw on Centrifuges Un-Limited's corporate heritage of having completed over 250 high pressure high temperature (HPHT) drilling projects completed since 2001.
Commenting on the move, Jim Shiach said: “We have a real affinity with Norway because the first project Centrifuges Un-Limited ever did was in Norway back in 2001. Since then, the region has been a very important part of our operations and it really is a case of right time and right place for us to expand. We believe that Stavanger is an obvious location from which we can achieve this.
“We are currently involved in a number of projects ongoing in and around Norway, so creating a new business to better serve our growing customer base there is a natural evolution. Additionally, it fits well with our ongoing sharpened focus on diversifying our income stream by exploring international opportunities and refreshing our global footprint.”
The company specialises in the design, manufacture, installation and maintenance of a range of equipment including fuel/oily water separators, and mud coolers for high HPHT well fluid management. With over 120 rental assets plus service and repair capabilities as well as field support which can be delivered 24/7, backed by highly experienced staff.
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