Aquaterra Energy expands APAC team as regional revenue doubles year-on-year
Perth, Australia, 13th January 2022: Aquaterra Energy, a leader in global offshore engineering solutions, today announces the strategic appointment of David Barber as Australian Country Manager to help drive the company’s expansion in the Asia-Pacific (APAC) region. The appointment follows a significant period of growth in the region, which has seen the company’s revenue double year-on-year since 2017.
Based in Aquaterra Energy’s Perth, Australia, office, Barber joins the team with more than 20 years’ experience in the oil and gas industry, including 7 years previously with Aquaterra Energy in the UK. In addition to overseeing local operations, Barber will support Aquaterra Energy’s expansion across APAC with a focus on growing demand for its riser system and Well Start solutions, Sea Swift offshore platform and the company’s offerings in the carbon capture and storage (CCS) and green hydrogen space.
James Larnder, Managing Director at Aquaterra Energy, said: “Dave’s appointment signals our commitment to building our presence within APAC. Since establishing our Perth office in 2019, we have secured a number of significant contract wins including a recent multi-million-dollar riser project for a marine vessel owner and operator. Now we’re ready to expand into countries such as Malaysia, Vietnam and Indonesia and build on our burgeoning renewables offering, which we see being a key driver of growth.”
Since opening its Perth office in 2019, Aquaterra Energy has increased its head count year on year. The company plans to further bolster its team with new hires over the next couple of years, including the recruitment of local sales agents to drive expansion in new territories. In addition, Aquaterra Energy has set its sights on establishing a new regional office in Malaysia, with Kuala Lumpur earmarked as a potential location.
Barber adds: “We have established a strong track record in Australia and now it’s about cementing our presence and expanding on it. Aquaterra’s long history of developing solutions for drilling operations globally, backed by our large engineering team, allows us to offer a new approach for clients in the region. We’re pushing forward with renewable and CCS technology in other regions and it’s this type of intelligent engineering that we hope to bring to the market here. Delivering clever, cost effective, low carbon solutions is where we see a vast opportunity within APAC.