SIGMA Offshore will launch a Southern Hemisphere push of its mooring system for oil and gas production vessels at an Australian energy event next month.
The Aberdeen-based turret mooring provider and engineering consultancy recently expanded into Houston and Oslo and is now hoping to gain a share of the Australian and south-east Asia market.
Sigma has developed Smart Mooring System (SMS) – a cost-efficient external turret for use on floating production vessels.
More than 140 jobs could be created by the end of the year should business targets be achieved. A scale model of SMS is being shipped from Aberdeen to Perth in Western Australia to be the centrepiece of its stand at the Australasian Oil and Gas Exhibition and Conference on March 24 to 26.
Sigma president and chief executive Alistair Dornan predicts there will be a demand for SMS as companies keep an eye on costs during a period of rapid growth.
He said: “The pace of development in Australia and south-east Asia and the scale of projects on the horizon is remarkable. We believe SMS has a lot to offer companies.”