Brand brand brand New contracts, renewals together with opening of a fresh Aberdeen base have already been flipping the fortunes of Bilfinger Salamis after having a start that is stark 2020.
The vitality services firm has possibly perhaps perhaps maybe not been as вЂњhard hitвЂќ as some within the sector.
It specialises in asset integrity and upkeep, areas that operators вЂњhave to, and generally are, continuing to pay money onвЂќ, according to director that is managing Bonner.
On that front, 2020 is a вЂњhuge 12 months for basic inquiries and tenderingвЂќ, with вЂњfour or five major agreementsвЂќ up for renegotiation or renewal.
вЂњAs we sit right here now, i could truly state that weвЂ™ve done effectively in retaining those sufficient reason for picking right on up some more workвЂќ, Bonner said.
вЂњWe truly have actuallynвЂ™t lost any such thing significant therefore it is now simply an incident when trying getting as much mobilisations and primed for next yearвЂ™s turnaround.вЂќ
The names of this operators Bilfinger has won these relates to have become held private, but they do show a spread of assets over the North Sea theyвЂ™ll be taking care of.
This, in change, has permitted the organization to have 300 employees straight back through the furlough scheme and redeployed overseas.
This news that is good some darker times previously in 2020 for the firm, with worker disputes over furlough and redundancies.
Bilfinger had an especially strong 2019, with features work that is including the hookup for the full total Culzean platform.
The positive perspective proceeded to the very very first quarter, before Covid hit.
The company had to make 180 people redundant as work dried up although work is seasonal for contracting firms like Bilfinger Salamis. It predicts 2020 may be marked by way of a year-end that is significant and a 50% cut in profits.Continue reading