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Singapore steel supplier opens Scottish base

Category: Scottish Investment — Mark on November 14, 2013

A Singaporean steel firm has selected Glasgow as the location for its first base in the UK; creating 15 jobs in the process.

EEW Energy Services (EEWES) operates in the oil and gas market and is to invest £6 million into the project initially. The firm will be supplying steel for the construction of an offshore turbine farm.

The Humber Gateway Substation Project is expected to supply power for more than 150,000 homes when it comes online.

Renewables is a hot topic in the oil and gas sector, with funding sourced through strategies such as invoice factoring often being diverted to research schemes.

Speaking about the move, which will be largely financed by the German side of the firm, Michael Craig, the company’s chief executive, said:

“The combination of our Singapore and Glasgow operations will bring the UK energy sector direct access to a worldwide supply chain for oil, gas extraction and renewable energy sectors.

“Glasgow has proven to be an ideal location for our first UK base. The city offers access to an excellent calibre of staff, great facilities and travel links to major cities and airports.”

Craig went on to say that the first round of recruitment is already underway, and that many senior members of staff have already been appointed.

As well as the Glasgow deal, EEWES announced a tie up with Belfast firm Harland and Wolff, further adding to its portfolio which already includes a network of mills and manufacturing facilities throughout Europe, the Middle East and Asia.

'Disclaimer: The information contained in these articles is of a general nature and no assurance of accuracy can be given. It is not a substitute for specific professional advice in your own circumstances. No action should be taken without consulting the detailed legislation or seeking professional advice. Therefore no responsibility for loss occasioned by any person acting or refraining from action as a consequence of the material can be accepted by the authors or the firm.

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