Oilfield services business Titan Torque has doubled its operational capacity – and signalled its long-term confidence in the offshore oil and gas industry – with a substantial six-figure investment in a new torque system from EnerQuip, the torque machine specialists.
Both Titan Torque and EnerQuip, which designed and manufactured the new unit for Titan, believe the combination of its scale, capability and power make it the largest machine of its kind in Europe.
Situated in Aberdeen, the unit is used for the make-up and break-out of tools in the drilling sector.
Bruce Jepp, director at Aberdeen-based Titan Torque, said: “The introduction of the new unit to our operations reflects our optimism about the strength and resilience of the market over the coming years. It significantly broadens our service offering. With the increased torque and maximum outer diameter (OD) available, we are now able to manage operations that were previously beyond our capabilities. From a business perspective, it positions us to capitalise on new opportunities with existing and prospective customers.”
Barry Marshall, business development manager at EnerQuip, said: “This machine highlights the capability of our skilled engineers and the reliability of our equipment. We’ve established a long-standing relationship with Titan Torque and this delivery is the culmination of our dedication to supporting their torque machine fleet over a number of years. We’re proud to be working with them on their operations as market demand grows.”
Titan, which has a staff of 15, plans to add at least two more technicians to its team during 2018 and is also set to launch a torque service in Algeria by the end of the year to support customers’ West African operations.