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News
Press Release – May 2007
Xodus develop
environmental capability with acquisition of Aurora
Xodus Group has acquired leading environmental consultancy, Aurora Environmental,
for an undisclosed sum.
The acquisition underlines Xodus’ intention
to rapidly expand its environmental division which
will now be known as Xodus AURORA. The fast growing
oil and gas consultancy believes the market is
ripe for an integrated approach to engineering
and environmental issues.
It is anticipated that the division
will employ 30 people by the end of the year, more
than doubling Aurora’s existing workforce.
“Since setting up the business
in 2005, we have been looking at developing an environmental
capability,” says Colin Manson Xodus managing
director. “After researching the market, we believed
that Aurora with its excellent reputation, experienced
staff and a culture similar to our own was a natural
fit.
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Aurora's Zoë Cairns
(centre) with Xodus directors, Richard
Heard (left) and Stephen Swindell (right).
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“We have long-maintained the view
that, with environmental requirements increasing, it is
vital and more efficient to make sure those requirements
are built into the engineering design process. This deal
ensures that Xodus is now able to bring a unique and integrated
approach to fill the gap in the market.”
Orkney-based Aurora provides independent
environmental survey and consultancy services to industry
and government worldwide. Formed in 2000 by Liz Foubister
and Zoe Cairns, the company has 12 staff and a client portfolio
that includes BP, Chevron, CNR International, ConocoPhillips,
ExxonMobil, Maersk and Venture Production.
Commenting on the deal, Zoe Cairns says: “Aurora
has experience of working on large, high profile contracts
in both the UK and overseas and has an extremely solid
platform from which to capitalise on the rapidly growing
environmental market. Being part of Xodus will allow us
to fast-track our growth and exploit all the opportunities,
particularly in the oil and gas sector.”
Mrs Foubister and Ms Cairns will head up
Xodus AURORA from their purpose-built facilities in Orkney
and remain committed to the region.
“We have built up a successful business
from Orkney and will continue to grow through the new opportunities
afforded by being part of Xodus.”
Xodus is projecting to increase staff from
12 to 30 within a year, with staff divided between the
offices in Orkney and Aberdeen.
Mr Manson concludes: “On the back
of this acquisition we will be able to rapidly expand our
environmental division and diversify into other areas such
as marine renewables and aquaculture where Aurora has an
excellent reputation.”
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