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September 2022

Glacier Energy Services fast-tracks growth with BEL Valves Contract

Image: Glacier Energy Glacier Energy Services has reached another milestone in its rapid growth by signing a major contract with a leading manufacturer and supplier of specialist valves for the oil and gas industry worldwide. The newly formed global oilfield services group has signed an agreement with Newcastle-based BEL Valves, which could equate to £2.5million in revenues every year for Glacier. This agreement represents an industry first where BEL Valves will outsource its corrosion resistant alloy (CRA) weld overlay operations, equipment and personnel to Glacier Energy Services’ Wellclad division based in Motherwell.

Under the agreement, Glacier will provide a completely integrated service, including management resources, technical support via materials and welding engineering, for the deposition of the CRA weld overlay in accordance with the highest industry standards and specific customer requirements. Dave Sturrock, chief executive officer of Glacier Energy Services, said: “Glacier Energy Services are delighted to have signed this agreement with a company known globally for its design and manufacture of the highest quality valves in the oil and gas industry. “This agreement represents Glacier Energy Services’ desire to enter into strategic relationships with key customers by listening to their specific needs and responding with the delivery of integrated tailored solutions. “This agreement is a result of, and built on, many years of quality work for BEL Valves by our Wellclad division.”
The three year agreement with two one year options will see Glacier invest in new facilities and resources in Newcastle. With these facilities in place, the company also intends to further develop its offering on specialist welding and fabrication services to the wider client base in the North East of England. Glacier Energy Services was launched last year following an £8million investment from Maven Capital Partners, Simmons Parallel Energy and debt finance from the Clydesdale Bank. It has been formed by three experienced oil and gas professionals; Scott Martin, chairman, Dave Sturrock, chief executive officer, and Ciaran O’Donnell, strategic director. The investment enabled the acquisition of two established Scottish manufacturing businesses – Roberts and Wellclad.

Glacier aims to harness the expertise and reputation of these businesses and grow them both in the UK and internationally. Headquartered in Aberdeen, with the manufacturing plant in Motherwell, Glacier Energy Services focuses on developing enhanced products and services for the oil and gas industry particularly in the areas of production and processing equipment, intervention and pipeline components.

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