Wood Group rescues Aberdeen fabrication and manufacturing firm

The acquisition broadens Wood Group's services for extending the life of upstream and midstream assets in the UK oil and gas sector

Wood Group has acquired the trade and assets of Enterprise Engineering Service’s Aberdeen-based fabrication and manufacturing business from administrators.

The acquisition enhances Wood Group's asset management capabilities, adding fabrication to its services, which focus on driving efficiencies and extending the life of upstream and midstream assets in the UK oil and gas sector.

The employees will transfer to Wood Group and will remain at their existing 4,000sq m fabrication facility located on Craigshaw Road, Aberdeen.

Dave Stewart, Wood Group Production Services Network's chief executive, said: "The acquisition of Enterprise Engineering Service's fabrication and manufacturing business broadens our repair order capabilities, enabling us to offer a fully integrated, end-to-end service that supports our clients in assuring the integrity of their assets.

"Our focus is on providing the expertise that enables the life extension of onshore and offshore assets, which is critical in this mature phase of the UK Continental Shelf.”

He added: "We will leverage Enterprise Engineering Service’s more than 40 years of expertise providing manufacturing and fabrication solutions to the oil and gas sector, securing jobs for the company's current Aberdeen fabrication workforce with a view to creating new employment opportunities as we deepen and broaden our fabrication capability in the future."