Monday, March 27, 2017

Churchill Drilling Tools wins top export award

Churchill Drilling Tools, an oilfield service company specialising in drilling innovation, said it has won top honours in the High Growth Markets Exporter of the Year category at the 2017 HSBC Scottish Export Awards held in Glasgow, UK. The award specifically recognises export achievement in high growth markets of interest to Scottish-domiciled businesses including the Middle East and South Asia - with success measured in terms of growth in sales and market penetration.

In the case of Churchill Drilling Tools, the company decided to expand in the Middle East last year and has succeeded in establishing itself as a reliable and trusted supplier of innovative well contingency technology, said a statement from the company. From its regional hub in the UAE, Churchill has secured a dominant market share for its technology and has seen its revenue exceed targets by a factor of four, it stated.

Mike Churchill, CEO and commercial director, said: "Our export journey has been incredible. For example, in the Middle East, we have gone from a standing start in 2016 to today being the leader in our market. This export success is a reflection of customer demand for our tools."

"We put the customer front and center in everything we do and we make use of our family driven, close knit technical team to provide the personal service our customers need and expect. The levels of repeat business and the development of new in country relationships reflect well on our approach and we will continue to pursue a people driven strategy as we seek to expand further," he added.-TradeArabia News Service

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