Age an asset at new Aberdeen consultancy
Tuesday, Nov 13, 2012
A new oil and gas consultancy has been set up in Aberdeen with a mission to challenge the existing engineering design mind-set and make sure projects are always fit-for-purpose.
Theon Ltd opened its doors eight months ago and already has an impressive client list including AMEC, BG Group, TAQA, Fabricom Offshore Services, EnQuest, Kellogg Brown & Root Limited, Bechtel Limited and CB&I. The company employs 45 people and is on target for a £3 million turnover in year one.
Ex-Woodhill Frontier Directors Steve Rowbottom and Zulfiqar Hussain head-up Theon as Managing Director and Business Director respectively. The company has substantial resources across key sectors for example covering field development engineering, consultancy and operational support. The duo believe they have recruited one of the largest pools of quality technical safety consultants in the UK.
Mr Rowbottom said: “The North Sea energy sector is suffering as a result of a loss of graduates entering the energy sector in the 1990s, resulting in a missing generation of engineers with 10 to 25 years of experience. This means there is a need for skilled consultants to support engineering teams in all phases of the project lifecycle – preferably from the very beginning.
“At Theon age is an asset. We have assembled a huge amount of experience covering a wide range of disciplines – over 200 years among the seven directors alone. This allows us to support operators and contractors and supply input based on the extensive experience of our directors and consultants.
“Our intention is to complement rather than compete with existing companies in the supply chain. The business is focused on the key engineering disciplines required throughout a project’s lifecycle and we can get involved at any stage. We have a firm belief in the need for proficient project management and have a department dedicated to pulling together teams that too often operate in isolation, or silos, to the detriment of projects.”
Theon has ambitious growth plans, with space for up to 60 staff at its new premises in Westhill. The company also plans to open a base in London within months.
Mr Rowbottom continued: “There is £40 billion potential capital expenditure in the North Sea over the next five years and a huge resource challenge in terms of skills. At Theon we have the experience to support the efficient delivery of projects from early stage field development through project management into operations, commissioning and ultimately decommissioning.
“We are independent. We aren’t constrained by bank loans, parent companies or venture capital and we have significant quality resources.”
To learn more about Theon’s service please visit: www.theonltd.com.
Source: Theon Ltd