Saltire Energy Group
Strike it rich
Established in 1986, Saltire Energy Group is a supplier of state-of-the-art drilling equipment to the global oil and gas industry. It has diversified into three specialisms: Saltire Energy, Saltire Drilling Tools and Saltire Pressure Control.
Not only is the equipment on loan manufactured by industry leaders, it is rigorously inspected post-rental. “Our employees play an essential part in ensuring we continue to be a market leader within our industry,” says CEO Mike Loggie.
1986 – The year in which Saltire Energy Group was established
Despite the falling oil price causing a significant downturn in the oil industry, the long-term future looks more encouraging, notes Mike. “The Organization of Petroleum Exporting Countries has forecast that the global demand for oil will rise to 96 million barrels per day in 2019, an annual average increase of up to one million barrels per day, which is 7% higher than 2013,” he says. “Due to there being limited alternatives to hydro-carbon to supply the world’s energy needs, demand is expected to continue to grow.”
- Sector: Oil & Gas Support Services
- Region: Aberdeenshire