iSURVEY Reports Success in Q1 2017

Provider of survey and positioning services to the global oil and gas, offshore renewables and telecommunications markets, iSURVEY, has reported a strong end to 2016 and a positive first quarter of 2017, including ongoing recruitment due to a string of significant contract wins.

New business this year includes:

• A three-year, non-exclusive call-off contract with Shell UK Ltd, Shell NAM, Norske Shell and Shell E&P Ireland for the provision of rig positioning and surveying services
• A four-year contract with Maersk Oil Danish Business Unit, with iSURVEY named the nominated first caller contractor for survey and positioning services
• A marine construction survey support contract with Solstad Offshore Asia Pacific to support its 2017 pipeline and platform installation programme in Thailand

Part of this growth has also been attributed to iSURVEY’s diversification into the offshore wind sector last year. Having already worked on a number of cable preparation, laying and burial projects in 2016, a significant percentage of iSURVEY’s turnover last year came from renewables projects.

The company is targeting further growth in this sector this year, with Scottish Enterprise’s Strategy Development Project Support helping iSURVEY engage with specialist consultants. This initiative is designed to assist companies identify key operational strategies, projects and high level implementation plans to build competitiveness and achieve growth aspiration.

As a result, iSURVEY will be taking on more offshore personnel and a new business development manager, which is set to bolster the U.K. team by 20 percent.