Aberdeen decommissioning firm toasts contracts bringing in £3million for 2022
ByAllister Thomas
An Aberdeen decommissioning firm is toasting a clutch of contract wins which are expected to generate over £3million in revenues in 2022.
Cutting Underwater Technologies (CUT UK), headquartered in Bridge of Don, said it has been awarded a series of 10 contracts since October, “resulting in a very busy project outlook for 2022”.
A specialist in diamond wire cutting for decommissioning projects, CUT UK said it expects to have increased turnover by 29% in the 2021 financial year, building on a 69% boost in 2020.