Frontier Announces 70% Turnover Increase
Frontier International, specialists in international oil and gas resourcing, has ended the first half of 2014 with an annualized turnover of £21.5million – a 70% increase in comparison with 2013 figures.
This significant increase in turnover can be attributed to activity on both a local and international level. As well as holding a substantial number of global contacts with the major operators, Frontier works closely with the oil and gas service sector and is working with a steadily increasing number of service companies, on both a local and international basis. International client demand has also led the company to successfully expand in several key regions, with wholly owned subsidiaries being established in India, Tanzania and Trinidad and Tobago.
In business since 1999, Frontier International was established by oil industry engineers Mark Clarke and Paul Radcliffe in response to industry requirement for expertise-driven management of specialist well design and drilling engineering. Quickly identifying a gap in the market, they moved to grow Frontier in answer to the lack of technical expertise in the staff recruitment and contractor recruitment/management sectors.
Chairman, Mark Clarke, believes that Frontier’s growth - at home and overseas - can be attributed to a growing awareness within the oil and gas industry that successful recruitment of staff and contractors lies in a resourcing company which offers an in-depth technical understanding of the sector.
Mark is firmly of the opinion that the company’s success lies in this industry-specific engineering background: “Frontier operates differently from its competitors. It was established by engineers, for the engineering industry. This gives us a unique ability to understand exactly what our clients require – and the capacity to recruit and place the optimum candidates for each role.
“Our resourcing teams in Aberdeen and overseas receive a high level of in-house technical instruction and therefore have the ability to provide a niche, expert consultancy service which sets us apart from the average, non-industry specific recruitment firm.”
As would be expected with such a level of growth, Frontier has increased its number of recruitment personnel by an impressive 100% in the past 12 months. What is unexpected in the recruitment sector however, is Frontier’s notable level of staff retention, sitting at almost 100% during the past year.
Paul Radcliffe, Frontier managing director, recognises that this goes against the industry standard and that consistency within the recruitment team pays dividends with clients: “It’s a real indication of the interest, enthusiasm and pride our team takes in building a personal relationship with service companies and operators alike. By taking the time to truly understand each of our clients and their requirements, our team of specialists can source the correct individual for each role, saving clients time and money.”