Our premier partners

As well as helping our member businesses to be better through a range of activities, the Chamber is committed to investing a significant amount of energy in moving forward the economic growth agenda and lobbying for change on key issues to create the conditions for success. Our regional renaissance.

Without the support of our Premier Partners, we would not be able to undertake much of the good work that we do. Their engagement is hugely valued and appreciated.

Expro announces acquisition of DeltaTek Global

Energy services provider, Expro, has announced the acquisition of well construction cementing specialists DeltaTek Global.

The acquisition allows Expro to broaden its offering, capabilities, and technology portfolio within the well construction cementing sector, while accelerating DeltaTek’s international deployment ambitions through Expro’s global footprint.

Expro’s Chief Technology Officer Steve Russell said: “This is an exciting transaction for Expro that we believe will deliver real value to our combined customer base. The DeltaTek range of low-risk open water cementing solutions increases clients’ operational efficiency, delivers rig time and cost savings, and improves the quality of cementing operations for our clients.

“Today’s announcement expands our well construction cementing capabilities through DeltaTek’s open water cementing systems and techniques. These strengths, technologies and ambitions complement Expro and we are delighted to welcome the DeltaTek team to the Expro family.”

Aberdeen based DeltaTek has an experienced leadership team focused on developing and deploying cementing technologies to the offshore market, with operations across the UK, Norway, the Gulf of Mexico, West Africa and Asia Pacific.

Commenting on the acquisition, Tristam Horn, CEO and Founder, said: “The team and I are delighted to announce this milestone for DeltaTek. To join Expro, a leader in the industry, is a monumental moment for the company, our existing clients, and the wider industry as we continue to innovate and grow the Cure and ArticuLock portfolios to directly address well construction challenges. With Expro’s global footprint and strong customer base, we expect to deliver our technology to all operators across the entire well construction market through existing Expro channels, simplifying the global adoption of our value-adding services for our customers.”

STC INSISO secures £2million investment

Aberdeen-headquartered problem-solving company STC INSISO has announced a £2million investment from BGF to support a growth strategy focusing on the company’s everevolving suite of software products.

The firm’s products, which span culture, safety, and solutions to improve business processes and performance, are already used across industries including oil and gas, construction, marine and utilities.

Its COMET software platform, which will now receive an accelerated roll-out following BGF’s investment, generates high-quality input data to identify systemic risk and gives users a solid foundation for making sound decisions to ensure future incident prevention.

STC INSISO’s annual revenue for 2022 was £4million and that figure is predicted to grow significantly over the next two to four years.

The investment has already resulted in the creation of three new product development positions, and further recruitment will continue this year.

New discovery by North Sea Troll field

Equinor has made an oil and gas discovery close to the Troll field in the North Sea. This is the seventh discovery in this area since the autumn of 2019.

The name of the discovery is Røver Sør. According to preliminary estimates the size of the discovery is between 17 and 47 million barrels of recoverable oil equivalent, of which the majority is oil.

Equinor is operator of the production licence. The partners are DNO, Wellesley Petroleum and Petoro.

Geir Sørtveit, Equinor’s Senior Vice President for Exploration and Production West Operations, said: “Discoveries close to existing infrastructure are important to maintain oil and gas production from the Norwegian continental shelf. They need smaller volumes to be profitable and can be put on stream quickly with low carbon emissions. As this discovery is close to the Troll field and other discoveries we have made in the area, we can already now state that it will be commercial.”