Petroleum Africa
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Wednesday, September 23, 2015
Project Development International (PDi) Ltd, an engineering, project management, and project services firm, secured more than £6 million in project awards in 2015 to date. These projects include work in West Africa.
Recent awards includes significant decommissioning scopes which have moved to strengthen PDi’s place in the UKCS decommissioning market, and subsea construction in projects in West Africa working both with operators and offshore contractors.
Mark Gillespie, managing director at PDi said: “Despite challenging market conditions, PDi operates a well-balanced business model benefiting from clients operating and decommissioning expenditure rather than purely capital expenditure. This has seen PDi secure over £6 million in project awards in 2015 to date, excluding intercompany awards.
“The strength of this backlog means our revenue visibility is better than it has been at any point since the new management team were introduced.”
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