Aberdeen based Hydrasun, a provider of integrated fluid transfer, power and control solutions to the global energy industry, has recently launched a new company and associated office and workshop facilities in the Middle East.
The company has been formed to cater to its increasing Middle East business, the firm said.
Bob Drummond, Chief Executive of Hydrasun, said: “Launching Hydrasun FZE is a further significant milestone in our overall global expansion plan. We have seen strong growth in the Middle East and by having a permanent presence there, it positions the company well for future business development opportunities whilst fulfilling the needs of our customers in the region.”
Recent significant contract awards in the region include a £1.5million contract for Instrument tubing and Hose Assemblies for the Barzan Project in Qatar, a long-term supply agreement worth approximately £500k per annum with a leading oil services contractor in Dubai.
The new operation comes as part of the company’s growth strategy and will be headed up by regional manager Garry Kidd, who has previously worked as international business development manager for Hydrasun in Aberdeen.
He said: “I am very pleased to be a part of Hydrasun FZE, and the localised support our presence can provide to new and existing Middle East customers is a key part of our strategy. I look forward to further developing our offering and to working closely with our customers in continuing to build the business in region.”
Hydrasun – founded in 1976 by Bill Cameron and Stan Fraser – is a specialist provider of integrated fluid transfer, power and control services to the global energy market. It now has annual turnover of £103million and employs nearly 630 people worldwide, including 350 at its Granite City headquarters.
