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Sharjah-headquartered Unique Group, one of the region’s leading integrated subsea and offshore solution providers, says it has set in place measures to double its size and global infrastructure by 2019 through capital investment, acquisitions and expansion into key markets. With a current turnover in excess of $100million, the company has restructured its worldwide organisation into five new business units.
The first expansion into new sectors is the launch of a range of technically advanced products for Dive Support Vessels (DSVs), following three years of research and development and significant investment by the group. As offshore operations move increasingly into deeper and more challenging environments, the DSV market will become significant in the company’s growth, Unique states.
Harry Gandhi, founder and chief executive, says, “In the field of oil and gas survey, exploration and oil recovery, the forecast of future demand outweighs current supply levels. It is crucial that the industry does not stand still and that we all prepare for projected upturns. Current market conditions have led some companies, especially smaller ones, to be overcautious and almost come to a standstill, instead of finding new ways to remain competitive and sustainable.”
Unique now has over 200 engineering specialists across six global regions. Mr. Gandhi adds, “We work with the best vendors and ultimately we offer our customers in the offshore and subsea sectors the most cost-effective solutions for their businesses, whether bespoke or off the shelf. We are excited to be entering this latest chapter in our history and I am more than confident that we’ll reach our 2019 growth target.”
Unique Group is known for its offshore, onshore and subsea engineering expertise, as well as its brands, Hydra and Seaflex, in diving equipment and buoyancy and ballast respectively. The full range of specialist services has been streamlined into five complementary, multi-site divisions and rebranded under the Unique Group name. The company is still led by its founder Harry Gandhi alongside a long-standing management team that includes his son, Sahil Gandhi, as group executive director. Unique Group will announce a further series of senior global appointments in the coming weeks and the acquisitions will be made public once complete.
Unique has also recently announced a partnership with KBA Training Centre (KBAT), based in Singapore, in order to offer a series of Health, Safety and Diving courses in the United Arab Emirates (UAE). The courses that will be delivered in the UAE are NEBOSH, IOSH, CIEH, IMCA and other bespoke training courses in the offshore marine, diving and safety industries.
