Two of the best known companies in the North’s offshore industry have come together for form a partnership business that will sell products into the subsea market.
FES owner and managing director Rob Anderson has teamed up with Techflow owner Ken Beattie to capitalise on demand from existing clients of FES’ fluid transfer systems, for other specialist subsea products.
Operating as FES Subsea and based in Ashington, Northumberland, the partnership will deliver made-to-order items such as hot stabs, pig launchers and receivers; pull-in heads; suction pile vent hatches; subsea control panels and manifold skids and valve packages.
Mr Anderson told The Journal: “This is a market that FES used to be in some time ago, when we first launched the business. Since then we chose to specialise in fluid transfer systems, but demand for these products has increased, and there was obviously an opportunity there.
“There is a lot of cross pollination between our traditional business and these new product lines. It’s the same clients we have supplied for some time who are now buying this new suite of products.
“A strong market is certainly there and it’s a market we know so well from our other activity.”
The venture, which has been in operation for a few months, has created an undisclosed number of new jobs at FES’ Ashington operations.
Mr Anderson added: “There is an increasing demand to go into deeper, more remote waters for oil, which has contributed to the phenomenal growth in subsea technologies in recent years.
“The subsea industry is critical to unlocking the oil to meet world supply and you need equipment and technology like FES Subsea is offering to do just that.
“We’re reacting to the demands of the market - providing solutions to overcome the various challenges encountered by operators.
“Launching FES Subsea is the next chapter for us. The new business has a dedicated team of highly experienced technical experts who are going to focus purely on our new product offering whilst sharing the same brand values of FES International - to offer market-leading innovation, excellent customer service and efficient solutions delivered safely.”
In addition to supplying a range of subsea technologies, FES Subsea will also provide installation, commissioning and onsite support services.
FES recently reported profits of £3.23m for its 2013 year following its expansion from its former Blyth Riverside Business Park base in late 2012.