Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

Equipment specialist set to grow

Equipment specialist set to grow
YOUNG but growing oil field equipment specialist Titan Torque Services has its sights set on global expansion after proving its mettle in the UK.

YOUNG but growing oil field equipment specialist Titan Torque Services has its sights set on global expansion after proving its mettle in the UK.

The company assembles drilling equipment, which would otherwise be put together offshore as it is put down the well hole – taking a degree of risk and time out of offshore operations as well as being able to be more accurate due to use of specialist torque machines, said founder Keith Gaskin.

A sticking point of onshore assembly had been fear of damaging drill bits during transportation, but the firm spent two years creating a protection system to cover the drill bit and says it has now been well-used and proved.

The firm has also developed what is has called a push-pull unit, designed to put the running tool in place in a controlled and measured way.

“It saves a lot of rig time and makes it safer,” said Mr Gaskin.

“It is trying to remove things done offshore to onshore.

“Most of the major operators use us now. We now want to build up the amount of work we do and build up what we do overseas.”

The company has grown turnover from nothing when Mr Gaskin founded the firm in 2008, to £1.1million in the year ended April 2010, and then to £2.4million in the same period ended 2011.

It is now aiming at £3million for 2012.

Earlier this year, it won a six-figure sum contract with AGR Petroleum Services for work in the Falkland Islands and has set up a satellite site there as a result.

Last year, it doubled its Tullos Industrial Estate site to 10,000 sq ft and has just taken on another unit at the same site.

It assembles anything from two to 60ft long and it will be able to handle assemblies weighting up to 20 tonnes in its new workshop.

Now Mr Gaskin is looking at where to grow overseas, including the Falklands and Brazil.

Titan has also ordered new equipment it has helped design.

This will mean it can carry out assembly on decks offshore rather than in the derrick, for companies still wanting to complete assembly offshore.

Recommended for you

More from Energy Voice

Latest Posts