07/12/2011 : Nessco Group on track to double turnover

Oil and gas telecommunications company Nessco Group is set to double its turnover this year to £34 million following a number of global contracts.

Scottish Energy Minister, Fergus Ewing visited the Aberdeenshire headquartered company as it announced it has created more than 40 new jobs this year and has plans to extend its 130 strong workforce by at least another 20 in 2012.

The company which specialises in telecoms systems integration and services has secured a number of key contracts in the last three months in the North Sea, Iraq, West Africa, Brazil and Middle East worth more than £23 million.

The work includes systems for both upstream Floating Production Storage and Offloading vessels (FPSOs) and downstream plants.  In the UKCS the company has been awarded new projects in the Golden Eagle, Clipper and Forties fields.

Ian McPherson, Managing Director said: "Our strategy of continuing to invest during the challenging times has paid off this year with turnover doubling, significant new export contracts and the recruitment of skilled engineers and technicians.  The business has been built on a reputation for robust quality, giving clients reassurance that their vital offshore systems are protected around the clock and subsequently our growth is testament to that success".

Energy Minister Fergus Ewing welcomed the company's expansion and job creation.  He said: "Oil and gas is of vital importance to the Scottish economy and with around 200,000 jobs and 30-40% of oil reserves still to be exploited, it's an industry with a long future.  I welcome Nessco's innovation in winning new business around the world and investment in its future by recruiting new staff into the industry in Aberdeen".

Nessco has made a considerable investment in its VSAT services (very-small-aperture terminal) and specialist support for UKCS operations at its Westhill base.  There has been a recent upgrade in infrastructure and local 24/7 helpdesk and the addition of new staff with specialist telecommunication skills.

Mr McPherson added: "We intend to continue to recruit and invest in training in 2012 and will take on at least a further 20 people in the coming months to support new contracts and build on our current position".

Nessco designs, engineers and deploys integrated telecommunications networks, providing total solutions for platforms, process plants and pipeline installations.  Established in 1979, Nessco has grown into a global company with operations in Brazil and Azerbaijan and has plans for further expansion.

Issued on behalf of Nessco by the BIG Partnership.