News

EnerQuip Announces Revenue and Staff Growth

25 June 2019

EnerQuip Sets Sail on Vantage Drillship

27 February 2019

EnerQuip scoops $850k Middle East contract

29 January 2019

EnerQuip secures £3.7 million of torque machine contracts

2 July 2018

Board of Trade Awards

17 May 2018

EnerQuip sees 50 per cent jump in FY turnover on Middle East drilling activity

3 April 2018

EnerQuip hits Middle East milestone

26 March 2018

The Season of Goodwill

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Happy Holidays

4 December 2017

EnerQuip scoop - Small Company of the Year

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SPE Offshore Europe 2017 - EnerQuip

28 August 2017

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EnerQuip - Shortlisted for Small Company of the Year

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16 May 2017

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13 March 2017

AOG (Feb 2017), Annual Australasian Oil and Gas

22 January 2017

Houston – We’ve Landed

1 January 2017

Delivering for our Clients

1 January 2017

2016 Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC)

19 September 2016

EnerQuip recognized for Best Employer Award

9 September 2016

En-route 1 of 2 Next Generation Fully Rotational Torque Machines

1 September 2016

EnerQuip Torque Machines - Shortlisted for Best Employer Award

18 July 2016

EnerQuip deliver another innovative torque machine

17 July 2016

EnerQuip - Seal of approval for Caithness engineering skills

22 June 2016

OTC 2016: Enerquip achieves 300% growth in first year

5 May 2016

EnerQuip – Join OTC Delegation

12 April 2016

EnerQuip secure certification within the first year of operation

7 April 2016

EnerQuip Support Newtonhill Boys Club

18 March 2016

EnerQuip - OTC Asia

22 February 2016

Service team growth

4 February 2016

New EnerQuip website launch

28 January 2016

First installation for 2016

13 January 2016

Controls Director appointed at EnerQuip

5 October 2015

Torque experts launch EnerQuip

2 June 2015

EnerQuip hits Middle East milestone

26 March 2018
Enerquip, the leading global supplier of torque machine solutions for the oil and gas industry, has reached a major growth milestone in the Middle East, winning more than 100 projects since the beginning of 2017. The growth has been driven by the continued rise in the number of wells drilled in the region.

The projects have supported the company reaching its revenue target ahead of schedule. These include a mix of capital equipment sales and service work to clients across 11 countries. The company's wealth of industry knowledge, extensive torque machine expertise, and 24/7 software support model were key factors from demand. The company plans to increase its presence in the region, with 30 percent of its global revenue forecasted to come from the Middle East in 2018.

Dave Clark, Managing Director at Enerquip comments: "The Middle East is a strategically important region for us and we aim to build on our strong relationships with our clients this year. It's important that service companies have a reliable supplier available to provide 24/7 support. Without this, production can come to a halt, causing profits to drop."

"These projects are a testament to the efficiency and reliability of our products coupled with our teams' sought-after expertise. Our next step will be bolster our presence in the region and we're relishing this challenge."

Source: https://www.oilfieldtechnology.com/product-news/26032018/enerquip-hits-middle-east-milestone-with-over-100-project-wins/