The markets in which we operate are continuously changing. As energy demand increases globally the demand for energy related products similarly increases and the supply-side of the industry is failing to keep up. These results in the most attractive manufacturers having, previously unheard of, levels of power and major problems for energy contractors. The implications are clear: the sourcing of energy consumables, materials and products is becoming a global business. Strategic infrastructure will become increasingly important and because the market is changing our clients need to be rapidly evolving in order to remain competitive and meet agreed completion dates.
Our strategy remains: to create value for our shareholders by: searching out the most beneficial global opportunities; deepening customer relationships, ensuring a competitive cost of supply and achieving operational efficiency by sharing knowledge and the adoption of best practices. Within this context our energy business focus is now entirely on the international environment making maximum use of our regional branches and associate offices.