Washington-based specialist recruitment agency for the oil and gas industry, Oil Consultants Ltd, is moving forward with international growth plans after opening an office in Dubai.
The move follows another year of record expansion at the company, now firmly established as a leader in its field.
Gareth Allen, regional director for Oil Consultants in the Middle East, Africa and India regions, said: “One of the most important factors in our growth has been the emphasis we place on working closely with both our clients and consultants. By having a physical presence in an area we develop a better understanding of the local situation and can respond much more quickly to requests.
“At a time when more and more agencies are doing business via the internet and telephone, having people on the ground really helps us differentiate ourselves.”
Oil Consultants Ltd provides individuals and teams of skilled technical personnel to clients in the upstream oil and gas industry.
Headquartered the North East, with offices in numerous locations, including Brisbane in Australia and Houston in the USA, the company serves an international client base and offers a 24/7 service to its consultants.
Its latest financial results – covering the year ended June 30, 2012, show Oil Constultants boosted turnover from £11.3m to £17.6m. Profit for the financial year also increased from £418,842 to £598,392 during the period, while sales were up 56%.
During the last year, the Middle East has become a major focus for the company as many of the countries in the region look to recruit more local workers.
“There is a definite skills shortage in our industry and many regions are looking to develop the experience and knowledge of their national workforce to meet growing production demands,” Allen said.
“Our base in the region will help us work more closely with clients of all sizes, from the national oil companies to operators and service companies, to ensure all candidates meet their specific requirements and, most importantly, are able to do the work required of them in a safe and competent manner.
“We already have a number of field-based personnel in the Middle East and over the course of the next twelve months we will look to recruit locally in Dubai to further support our customer service operations. This is an exciting time to be working in the region and this new office is just the first step in our expansion plans. At the same time, this development will require support from our UK team and could lead to more jobs being created in the North East.”