Wood Group has acquired the trade and assets of Enterprise Engineering Service Limited’s (EESL) Aberdeen based fabrication and manufacturing business; following EESL's fall into administration in May.
Wood Group says the acquisition enhances its asset integrity management capabilities, adding fabrication to its services, which focus on driving efficiencies and extending the life of upstream and midstream assets in the UK oil and gas sector.
The employees of EESL’s Aberdeen based fabrication business as at the date of the acquisition will transfer to Wood Group and will remain at their existing 4000sq m fabrication facility in Craigshaw Road, Aberdeen.
Dave Stewart, Wood Group PSN’s CEO said: “Wood Group’s relentless focus is on enhancing value and driving cost efficiencies in the technical solutions we provide to our clients. The acquisition of EESL's fabrication and manufacturing business broadens our repair order capabilities, enabling us to offer a fully integrated, end to end service that supports our clients in assuring the integrity of their assets.
“Our focus is on providing the expertise that enables the life extension of onshore and offshore assets, which is critical in this mature phase of the UKCS.
“We will leverage EESL’s more than 40 years of expertise providing manufacturing and fabrication solutions to the oil and gas sector, securing jobs for the company’s current Aberdeen fabrication workforce with a view to creating new employment opportunities as we deepen and broaden our fabrication capability in the future.”