Sunday, 15 September 2019

Company Updates

STC Global Announces Significant Business and Team Growth

Aberdeen headquartered, STC Global, has reported 80% company growth this year, with a turnover of £1.8 million.

The global problem-solving company recently moved into new larger office space within the Waterloo Quay development, with increased training room facilities due to a 40% increase in staff numbers following an increase in contracts, including one in the US which has seen them appoint their first member of staff there.

STC recently secured a $400,000 contract with market leading oil, gas and renewables contractor to roll out their COMET service globally. COMET is a unique toolkit for investigation, root cause identification, and prevention. It will be rolled out in their five global hubs – Houston, The Hague, London, Kuala Lumpur, and Dubai.

They have also acquired a major supervisory and management development project in Qatar valued at $300,000, and an incident investigation training programme for a US Oil Major valued at $150,000.

Mark Rushton, Managing Director of STC Global said: “This is a very exciting and positive time for STC Global. Our decision to diversify into new sectors including Automotive, Rail Construction and Maritime following the downturn has certainly contributed to the success of the business. This has not only broadened our horizons, but it has allowed clients from other industries to gain an insight into safety performance from the oil and gas industry.

“However, the oil and gas industry is still hugely important to us and we are delighted to be continuing to win contracts in this arena. Designing new technology is also a fundamental element to our business. We pride ourselves on our innovative approach and are seeing real interest in this area of our business across sectors.

“Moving into our new business year, we are already on track to achieve our targeted turnover of £2.4 million which includes continued international expansion. The support and guidance we received from Scottish Development International (SDI) is immensely valuable in helping us achieve this."

We aim to keep you updated weekly with relevant information concerning the Offshore Energy Sector.

Corporate Offices

Technology Systems Corporation
7897 SW Jack James Dr. Suite A
Stuart, FL 34997

Phone: +1 772.221.7720