ABERDEEN oilfield equipment firm, Enerquip, has been awarded a Queen’s Award for Enterprise.
The Altens-based business, which celebrates its fifth birthday this year, was given the accolade for outstanding achievement in the field of International Trade.
Subscribe to our daily newsletter
Why? Free to subscribe, no paywall, daily business news digest.
It recognises the organisation’s success in overseas markets, which accounted for about 95% of Enerquip’s £12+ million turnover in 2019.
The company specialises in the design, manufacture, installation and maintenance of torque machines and associated products, including bucking units and fully rotational makeup and breakout torque machines.
International hubs in Houston and Abu Dhabi work in parallel with the company’s Aberdeen base and additional premises in Caithness to deliver products and services to a growing client base in the likes of Africa, North and South America, Canada, Europe, Far East, Australia, Middle East and Russia, as well as the UK.
Andrew Polson, company chairman, said: “Whilst the Covid-19 pandemic continues to pose significant challenges for our business, we are pleased to end 2020 ahead of expectations and enter 2021 with renewed confidence and optimism.
“The receipt of this award is a fitting end to our fifth anniversary year and pays tribute to the strenuous efforts of everyone on the team in driving the business forward.”
EnerQuip is also a finalist in the “Going Global” category of Aberdeen & Grampian Chamber of Commerce’s Northern Star Business Awards.