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Subsea firm JFD opens new offices in UK

Subsea firm JFD opens new offices in UK
Subsea operations and engineering company JFD has opened  new offices in Glasgow and Bristol, UK as it expands it commercial business.

The move comes in spite of the fact that UK-based offshore operators are among the hardest hit by the low oil price, now approaching $30 a barrel. The company experienced “significant growth” in 2015 according to a statement, thanks in large part to contracts with the Australian Navy.

JFD has also announced multiple acquisitions within recent months, including the National Hyperbaric Centre in Aberdeen, broadening JFD’s portfolio of services offered to customers in the oil and gas, hyperbaric medical, and defence markets.

“With a number of significant contract wins and acquisitions, 2015 been a highly successful year for JFD,” said Giovanni Corbetta, md of JFD. "The expansion of our UK facilities is testament to our commitment to offer a fully dedicated through-life support services, and ensure that we foster a long-term partnership with our customers that will ultimately benefit both parties.

“The new facilities in Glasgow and Bristol will allow JFD to utilise the wide breadth of skills, expertise and innovation within the businesses to best support our current and future commitments, and further invest in developing our services and capabilities for the benefit of customers worldwide.”