Paradigm Flow Services (PFS), of Thainstone, near Inverurie, plans to double its headcount – creating 30 jobs – after a multimillion-pound finance deal.
Aberdeenshire firm Paradigm Flow Services' Houston operation has won contracts worth £7million in the last year and secured a move to new, larger premises in the Texan city.
US technology and engineering firm Emerson has snapped up a software company for £385million ($510million).
Paradigm Flow Services has netted a contract in the Caspian region.
Paradigm Flow Services has completed a deluge remediation and replacement project in the Forties field for Apache North Sea. The company finished the work as part of its service on four of the Forties assets. The team has been undertaking a variety of work to ensure the lifetime of the system including valve replacement work, cleaning drains and parts and then testing the system with air and water. Paradigm also completed hydraulic modelling to verify that all changes were accurately captured.
Paradigm Flow Services demonstrated their latest technology to delegates at Subsea Expo in Aberdeen.
An Aberdeenshire firm has designed new technology for testing offshore fire sprinkler systems that should prevent glitches caused by existing methods. Paradigm Flow Services (PFS), part of Netherlands-based investment firm Paradigm Group, has invested £180,000 in the research and development stage of its dryflow technology, which was carried out by academics, software designers and engineers in Aberdeen and Rotterdam over the past 18 months. Conventional tests use large volumes of seawater, often leading to blockages and corrosion inside nozzles and pipework.