Subsea demand drives growth

Global demand in subsea markets for oil and gas continues to help drive growth at manufacturing, assembly and testing specialist Express Engineering, which is investing in capital equipment and its workforce. TheGateshead-based international business has been enjoying buoyant growth during the past 12-18 months. The current order book stands at around £70m, with the group receiving an intake of £10m in new orders in the past month.

Chris Thompson, chair of Express Engineering Group, says: “I’m delighted to say our orderbook has reached record levels, the highest in our 50-year history, and it’s only expected to increase further across the remainder of 2024.With demand for product high, we hope to invest further in our capability this year, which will include a new CMM machine and a horizontal borer.”

More information www.express-engineering.co.uk