FES launches specialist subsidiary
The team behind oil and gas engineering company FES International has launched specialist business FES Subsea in Ashington, which is already serving major customers.
The company began trading in June 2014 and will bring five new core product lines to the subsea market.
FES Subsea has primarily been launched to deliver subsea engineering services to meet the current needs of the sector, and is currently supplying products to Shell, Statoil and Tullow Oil.
Rob Anderson, managing director of FES Subsea, said the company is "reacting to the demands of the market".
"Launching FES Subsea is the next chapter for us," added Anderson.
"The new business has a dedicated team of highly experienced technical experts who are going to focus purely on our new product offering whilst sharing the same brand values of FES International - to offer market-leading innovation, excellent customer service and efficient solutions delivered safely."