EFC Group announces successful end of year results, securing over £9million worth of contracts in 12 months and a recent contract with Transocean takes EFC past the £2 million mark for the first time for Choke & Well Control Systems wins for same period.

The Aberdeen-headquartered company has secured work with the Al Ghaith Group for National Drilling Company (NDC) Abu Dhabi worth £240,000, for work onboard NDC’s Al Hail Jack-up rig, supplying and installing a High Pressure/High temperature (HTPT) Monitoring System.

Bob Will, EFC Group managing director stated: “This significant UAE contract win continues to cement EFC as a niche supplier of bespoke systems for specialist areas such as Well Control.

“EFC continues to invest in its important Middle East market, we have a resident engineer based in Abu Dhabi supporting EFC’s UAE clients, developing new business and building relationships.”

The leading designer and manufacturer of Instrumentation, Monitoring, Controls and Handling Systems for the global oil and gas industry, has also been contracted to supply an advanced Choke Control System for use onboard Transocean’s Paul B Loyd Jr North Sea rig for a six-figure value

“This latest Well Control System contract award demonstrates the design advancements EFC Group has made to its Choke Control Systems, answering client needs for increased hydraulic and electrical redundancy, key deliverables in today’s marketplace.”

Since 1989 the EFC Group has been producing critical well control equipment, supplying in excess of 300 well control systems to the international drilling industry. The company’s latest Choke Control System design has been developed through demand from the offshore industry and offers vital safety and operational improvements.

“As a result of recent events in the Gulf of Mexico and pending legislation changes, EFC Group has further developed its successful monitoring and controls instrumentation technology.”

To date, EFC has supplied 11 choke control systems to Transocean, most of them similar in terms of sophistication and suitability for High Pressure/High Temperature (HPHT) 15Kpsi well control operations.

Choke Control system packages account for a significant share of the Group’s 2010 contract awards to date. As a supplier of bespoke upgrades it is forecast this percentage will increase at accelerating levels.

Mr Will continues: “As a mark of confidence in our product offering, EFC Group has increased its standard warranty period to 2 years for its Control, Monitoring and Instrumentation systems supplied globally.  Thereafter this can be extended to 5 year warranty, subject to an annual warranty inspection visit at 24, 36 months and 48 month intervals.”

EFC Group employs 69  staff worldwide with  international representation in Singapore, Abu Dhabi UAE, Macae Brazil and India, making the group well placed to serve its global client network.