EnerMech: $53M in crane and lifting contracts

The Aberdeen headquartered mechanical engineering group EnerMech has secured six new or renewed cranes and lifting contracts in the UK North Sea sector valued in excess of £34 million ($53.2 million).

Enermech has agreed extensions to contracts with Apache North Sea, Maersk Oil and Marathon Oil, and first time or additional work scopes with Centrica Storage/HRL, Aker Solutions and a number of projects on behalf of Technip.

Chief financial officer, Michael Buchan, said despite current global fluctuations in the price of oil and gas, EnerMech had enjoyed another successful year in 2014, and prospects in 2015 and beyond looked promising.

He said: “As the industry becomes increasingly focused on reducing the costs of production, we expect more customers to look to consolidate their supply chain and benefit from the unique range of complementary services which we can offer globally.”

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