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BiSN in US$2.6 million expansion

Written by  OE Staff Monday, 09 October 2017 09:47

BiSN announced the expansion of its corporate headquarters with a US$2.6 million (£2million) investment.

Based in Warrington, the £2million premises will see BiSN expand into a 2000sq m site, which brings its research and development activity under the same roof as a newly-acquired machine shop.

BiSN’s Wel-LOK M2M technology range has attracted investment from some of the world’s major oil and gas operators, and the company is now growing its UK operations in order to specifically service the completions, interventions and abandonment markets.

Chief Executive Officer Paul Carragher explains: “The international demand for BiSN’s unique downhole technology has increased exponentially. The purpose of our most recent UK investment is two-fold; firstly, it allows us to continue our ground-breaking alloy development, whilst dramatically improving product availability to those operating across the Eastern Hemisphere.

“Secondly, our technology - which utilizes a bismuth-based alloy and modified thermite heaters - is turning traditional downhole sealing methodology on its head; we are opening up a range of applications previously thought impossible. With that in mind, our improved headquarters provide the ideal setting in which our clients can witness the technology for themselves.

“This has already proved highly effective at our Houston assembly facility, and we look forward to welcoming our clients to Warrington.”

In tandem with the launch of its new manufacturing facility, BiSN aims to increase its UK workforce by 100%. While two key appointments - including UK workshop manager - have already been made - the company is currently recruiting for a total of 10 senior engineer and technician roles.

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