This Aberdeen-based group has more than 7,000 staff working across the world, manufacturing, managing, operating and servicing drilling rigs for oil and gas customers. It operates about 100 drilling rigs, the majority deployed onshore. Pamplona Capital acquired a controlling stake in 2010 and refinanced £484m of its debt in 2014. Last year, sales fell 15% to £1.1bn due to a drop in oil and gas exploration work. Its chief executive is Norrie McKay, 56.
This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.