Aurora Energy Services Limited (Aurora) has acquired Huntly-based offshore services and fabrication company R&M Engineering.
All jobs at IATS and R&M Engineering have been secured and in the next 12 months Aurora expects to increase its current headcount of around 80 to 200 as it rolls out a programme of strategic acquisitions and invests more capital in organic growth.
Aurora’s business plan is to create a GBP 100 million turnover international energy services provider over the next five years by continuing to provide services to oil and gas, and in parallel driving forward with the energy transition by targeting the wind, solar, hydrogen, carbon capture & storage, pumped hydro and waste to energy sectors.
R&M Engineering is the leading fabricators of pipework and structural steelwork in the north east of Scotland and has provided fabrication services to the oil and gas industry for more than 40 years. The business has already started the transition to renewables, winning a number of offshore wind contracts, and its 6.5 acre Huntly site and its highly skilled workforce will be central to Aurora’s expansion plans.