AN Aberdeen-based energy industry entrepreneur has snapped up Oil Plus Ltd, a specialist oil and gas consultancy based in Berkshire, south England.
Mark Cavanagh, managing director of Crandale Consultants, acquired the business from John Crane Inc, a division of Smiths Group plc, for an undisclosed value.
Oil Plus plans on adding to its workforce over the next 12 months as it targets double-digit growth and forecasts turnover of £3million.
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Cavanagh, who has more than 25-years experience in the oil industry, said: “Oil Plus is a dynamic business that provides specialist services and technology to the oil and gas industry. There is a lot of potential for growth throughout the sector thanks to the skills and knowledge held within the business.”