Motive Offshore reports contract wins worth £16m since the start of 2021

Motive Offshore reports contract wins worth £16m since the start of 2021

Marine equipment fabrication and rental specialist Motive Offshore Group has reported contract wins worth more than £16 million since the start of 2021.

Motive, based at Boyndie, near Banff, said that as well as oil and gas rental, manufacturing and inspection work, 30% of its revenue these days was attributable to its “strategic transition” into renewable energy.

Chief executive David Acton added: “As the global journey towards carbon neutrality gathers pace, we have identified significant growth and potential in the renewable energy sector.