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Aberdeen-based company STC Global reveals turnover of £1.8m

MD, Mark Rushton.
MD, Mark Rushton.

Aberdeen-headquartered STC Global has reported 80% company growth this year, with a turnover of £1.8 million.

The firm, which recently moved into new, larger office space within the Waterloo Quay development, has had to increase its training room facilities due to a 40% increase in staff numbers following an increase in contracts. This includes one in the US which has seen them appoint their first member of staff there.

STC recently secured a $400,000 contract with a market leading oil, gas and renewables contractor to roll out their Comet service around the world.

Comet is a toolkit for investigation, root cause identification and prevention. It will be rolled out in their five offices – Houston, The Hague, London, Kuala Lumpur and Dubai.

The firm has also acquired a major supervisory and management development project in Qatar valued at $300,000, and an incident investigation training programme for a US oil major valued at $150,000.

Mark Rushton, managing director of STC Global, said: “This is a very exciting and positive time for us. Our decision to diversify into new sectors – including automotive, rail construction and maritime – following the downturn has certainly contributed to the success of the business.

“This has not only broadened our horizons, but it has allowed clients from other industries to gain an insight into safety performance from the oil and gas industry.

“However, the oil and gas sector is still hugely important to us and we are delighted to be continuing to win contracts in this arena. Designing new technology is also a fundamental element to our business. We pride ourselves on our innovative approach and are seeing real interest in this area of our business across sectors.

“Moving into our new business year, we are already on track to achieve our targeted turnover of £2.4m which includes continued international expansion. The support and guidance we received from Scottish Development International (SDI) is immensely valuable in helping us achieve this.”