Swire Oilfield Services branching out with aviation company takeover
- Business & Finance
Swire Oilfield Services, a provider of offshore containers and oilfield services, has made an acquisition of Aberdeen-based specialist aviation service company Gordon Engineering Services (GES).
The acquisition of GES comes as Swire Oilfield Services looks to expand aviation services across its North Sea and global operations, the oilfield services company said on Tuesday.
Swire stated that the two companies will offer a combined end-to-end aviation service with the benefit of increased capabilities through the introduction of friction testing and custom-built helicopter refueling systems.
GES was established in 1995 by Phil Gordon and specializes in aviation services including design, manufacturing, inspection, maintenance, training and rental of helifuel systems for the global oil & gas industry. Gordon will remain with the business as a manager supporting the aviation and fabrication division.
He commented, “The acquisition by Swire Oilfield Services will help us enhance our capabilities, service offering and global reach and allow us to continue offering the high quality and cost-effective service to all our customers.”
CEO of Swire Oilfield Services, Manfred Vonlanthen, said: “This strategic acquisition forms an integral part of our ongoing commitment to the development and diversification of our service offering. As the industry continues to demonstrate signs of recovery we are looking at opportunities across the board to develop our service offering and strengthen our position as an integrated and reliable partner for our customers.
“This acquisition represents an exciting and positive step forward for the growth of Swire Oilfield Services and reinforces the continued and long-term commitment of our owners, John Swire & Sons, to our business.”