National Oilwell Varco to create 45 jobs in Scotland

Global oil & gas services firm National Oilwell Varco is to expand its significant industrial presence in Scotland with the creation of 45 new jobs at its Glenrothes facility, First Minister Alex Salmond announced Tuesday.

The Houston-based company, which already employs more than 1,700 people at three Scottish sites, has been awarded £800,000 in RSA funding to secure the expansion which will include the creation of 37 highly-skilled positions.

The First Minister made the announcement following discussions with National Oilwell Varco senior management about their plans for their Scottish workforce carried out during his trade mission to the United States for Scotland Week.

The trip has already seen the First Minister announce the creation of hundreds of new jobs in Scotland by US-based companies; officially open the first overseas offices of Scottish firm Smarter Grid Solutions; fire the starting gun at the annual Scotland Run in Central Park and speak at an event to mark Edinburgh Napier University’s 50th anniversary.

The First Minister said:

“Scotland has an enviable reputation as a world-leader in the oil & gas industry and the expertise and innovation of our engineers and technicians, honed over half a century, is highly prized among companies working in the sector.

“Houston-based firm National Oilwell Varco is already well established in Scotland, employing more than 1,700 people at sites in Glenrothes, Montrose and Aberdeen and this expansion of 45 new jobs is welcome not only in the local Fife community but for the wider oil & gas industry, especially as so many of them will be highly-skilled positions.

“The oil & gas sector makes a huge contribution to the Scottish economy and the continued confidence and investment from huge firms such as National Oilwell Varco will ensure that it will continue to do so for many decades to come.”

Lena Wilson, chief executive of Scottish Enterprise said: “NOV is a significant international player in the oil and gas sector and its decision to expand its operations in Scotland is a clear demonstration of our global reach in this area.

“Capitalising on our reputation in the sector to develop new inward investment opportunities was one of the key themes of Scotland’s industry-led strategy for the sector. This latest announcement pays continued testament to the skills and expertise we’ve built up in the industry over the past 40 years, and we look forward to continuing to work with the company to support its growth ambitions.”

 

Press Release, April 10, 2014

 

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