Derrick Services (DSL) heading for $50m target (Scandinavian Oil-Gas Magazine)

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Derrick Services (DSL) heading for $50m target

Published Jul 24, 2014

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DSL is experiencing continued high Worldwide demand for their services and products in the five months of 2014, with a current increase in Turnover in excess of 40% of the same period year ago. Both its UK & Singapore operations are enjoying very strong growth.

The Singapore operation growth is due to investment new fabrication facilities and infrastructure in 2013 which has helped increase revenue streams more than tenfold over the same period for 2013 for that particular operation.

The strong performance for 2014 is helping to create new jobs in both the UK and its overseas operations, with the UK alone intending to create between 10-12 more management and administration positions in 2014 and a further 20-25 offshore/site positions.

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