Leading oil service company ThinJack Ltd is reporting brisk international business during its milestone tenth anniversary year.
In spite of challenging trading conditions within the industry, the Westhill-based company has landed significant contracts in the Netherlands where it is currently supporting a well plug and abandonment campaign in the Dutch sector of the North Sea. In addition, expertise and equipment have been simultaneously in demand in Australia where ThinJack has been involved in the replacement of bonnets covering production valves on christmas trees.
This business growth comes as the company marked its first decade in business with the recent launch of PowerPad™ an ultra-thin system for holding open gaps and weighing heavy objects. Like the well-known and successful ThinJack® system, PowerPad™ is based on patented technology to convert hydraulic pressure into significant forces which expand millimetric thin steel membranes. These are inserted in the gap between stuck flange sections when used for lifting, gap holding or, with proprietary software, for weighing individual modules during decommissioning.
Commenting on recent contract wins, ThinJack director Guy Bromby said: “There is no doubt that the industry is facing tough times but our niche, specialised technology and capabilities continue to serve us well in helping our company underline its position as a market leader.
“In our experience, the market is currently seeking to do things differently and offline without the need for a jack-up drilling rig and its crew. In this climate, services and technology, like ours, which can be called on and mobilised at short notice play a pivotal role in time and cost efficiency.”
Fellow director Alastair MacDonald added: “We are delighted that these new contracts have come from existing customers. Repeat business is important in helping us to underline our presence in these key locations and complements our continuing expansion in new geographical areas.”
ThinJack Ltd has an established, international reputation for its unique service in the safe, fast and rigless separation of seized well flanges. ThinJack is a steel envelope which can be inflated with up to 2,500 bar of hydraulic pressure to exert hundreds of tonnes of force, making it the ideal separating and jacking solution in hazardous, difficult or restricted areas. The force delivered by ThinJack® can reach over one million pounds (454 tonnes). ThinJack Ltd also offers a specialist consultancy service proactively identifying potential flange separation problems and providing solutions.
ThinJack Ltd is headquartered in Westhill, Aberdeenshire, Scotland and operates internationally from established bases worldwide. Since its foundation in 2005, ThinJack has operated successfully throughout the North Sea, Gulf of Mexico, Australia, Middle East, West Africa and Malaysia. www.thinjack.co.uk
The company will be exhibiting at Offshore Europe at Aberdeen Exhibition & Conference Centre from September 8-11 and will be welcoming visitors on stand 5A 50.
For further information, visit www.thinjack.co.uk or call (01224) 330 645.