The Aberdeen-based firm Amplus Energy has secured more than 40 jobs through the acquisition of a survey company which serves the offshore oil and gas industry.
The floating production services firm concluded a multi-million pound deal to buy Andrews Survey from the administrators of the Harkand Group, which went into administration in the beginning of May.
“This was a great opportunity for Amplus to acquire a very good company with an excellent reputation in an extremely difficult market,” Amplus Energy Managing Director, Ian Herd, said in a statement.
Amplus Energy Saves More Than 40 Jobs
Andrews Survey provides survey and positioning services to the offshore oil and gas and renewables market and has continued to operate as normal during the administration period.
The company has a total of 42 employees, all of whom will be transferred with it and will operate independently as part of the Amplus Group, with immediate effect.
According to a statement disclosed by several media sources, the company will relocate to the Amplus Group’s Bridge of Don premises at the end of July.
“I know the company and the management team very well and I’m confident we can quickly get Andrews Survey back on an even keel. This is a very good fit for Amplus Energy and allows us to significantly expand our service offering to our clients,” Herd added.
Amplus Energy Attracts Several Offers
This is the second time that Amplus’ managing director Ian Herd acquired Andrews Survey. The first was in 2007, when he ran Integrated Subsea Services (ISS).
According to Amplus Energy, Andrews Survey attracted several potential buyers and various offers were received before the agreement was signed with Amplus Energy.
“It has been a difficult time for the team at Andrews Survey and we are relieved that a suitable buyer has been found. Our management team and staff have worked closely with Ian before and we work well together. We all feel that Andrews Survey being part of the Amplus Group will bring stability back to the business,” Managing Director of Andrews Survey, Stuart Reid, said.