Magma Products, a leading oil and gas engineering consultancy, has secured a £5m contract. The agreement, with an unnamed operator, is for a key start-up and commissioning project in the North Sea.
The Aberdeen company currently has a team of 38 but now has capacity for more than 50 in-house personnel following a recent move to larger premises.
The business is currently looking to attract an additional 20 engineers in the next three months as it seeks to secure additional projects.
Paul Rushton, Managing Director at Magma Products, said: “This latest contract is significant for the business and one that highlights our capability to handle key projects where a high degree of expertise and understanding of all the engineering disciplines comes into play.”
Magma has carved out a niche in the area of commissioning and start-up, the process of introducing first oil and gas to new projects, or following shutdowns, whereby checks, inspections, certification and tests are carried out on components and systems before handover to the operator or duty-holder.
Paul Rushton added: “We’ve made tremendous progress towards becoming the go to company for operators and contractors for commissioning and start-up projects. We understand the need to demonstrate and verify operability of production and safety processes. It’s very much a case of think commissioning, think Magma.”
Magma has also developed a new technology-led system to enhance safety and efficiency during key phases of offshore oil and gas production projects. The Completion Hand Over Management System (CHOMS) is a web-based tool designed to capture all completion and certification data for all parts of any individual project.
The multi-purpose system, with a project management ‘dashboard’ as its centrepiece, generates improved visibility and accessibility of relevant data during the complex commissioning and start-up phases.
Press Release, January 16, 2013