From its base in Aberdeen, Integrated Subsea Services provides remotely operated vehicles as well as survey and diving services to customers in the oil and gas industry in the North Sea, Egypt, the Caribbean and the Caspian Sea. It was founded by industry specialists Ian Herd and Bruce Webster in 2002, and this year Bank of Scotland Corporate invested a reported £80m for a 12.5% stake. Expanding its fleet and adding staff to keep up with demand have helped to boost sales 77% a year, from an annualised £10.1m in 2004 to £56.2m in 2007.
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