Currently the second largest market for the Group, oil and gas remains a key target market for growth across the Manufacturing Divisions. The demand for hydrocarbons is such that, even if there is a reduction in their use as a fuel, the myriad of industrial uses means this will be an important market for decades to come.
The Cylinder Division supplies Air Pressure Vessels for oil rig motion compensation systems and deepwater offshore platforms, as well as breathing air cylinders and gas storage. It also offers a range of in-situ inspection services that effect reductions in cost and time for statutory pressure vessel retesting.
The Precision Machined Components Division provides precision engineered valve, high added value components for flow control and downhole tools from a variety of hard to machine materials. It supplies into both exploration and production.