Express Engineering opens international subsea engineering facilityCreated: Monday, 19 April 2021 09:41Express Engineering, subsea energy industry solution provider, has opened an international assembly and test centre in Gateshead, in the North of England, with an aim to contribute to the company’s continued development in major global marketsExpansion of its capabilities is part of Express Engineering’s broader product strategy to supply assembled and tested actuators, connections and tooling for wellheads and subsea production systems for the oil and gas sector. The opening of the centre comes as Express Engineering continues to maintain strong growth since embarking on a refocused business plan at the end of 2018. This has seen sales in the oil and gas sector grow significantly, resulting in a jump in revenues to more than US$48.68mn for 2020. Chairman Chris Thompson is optimistic about the offshore subsea market in 2021 and excited about the new projects and opportunities coming on stream. We’ve worked closely with Express Engineering on getting the site up and running and are pleased to see our joint effort come to fruition.”

Source: The North Africa Journal April 19, 2021 10:52 UTC