Oil and gas decommissioning specialist Sensalytx has moved into larger premises at the Innovation Park in Aberdeen after an increase in business.

The company has agreed an initial one-year lease for a 10-desk serviced office with landlord Moorfield Group. Sensalytx started out in 2017 from a small incubator unit at the city’s Oil &Gas Training Centre. Its well management and data analytics services, aim to ensure the safe and cost-effective decommissioning of wells.

Sensalytx CEO Graham Gaston said: “Increased business means that we simply need additional space to develop and grow. I am delighted to move into this office and bring our team together in such a fantastic business environment.”

The office is in the Innovation Park’s James Gregory Centre. Moorfield Real Estate III Fund  bought the Aberdeen Energy and Innovation Parks (www.aeip.co.uk) in Bridge of Don in September 2014. They have a total of 200,000 sq ft of office and industrial space for more than 80 companies and a workforce of nearly 2,000 employees.

Moorfield Group is working on Buccmoor, a joint venture with Buccleuch Property, to expand the parks by 60 acres.

Hugh Canham from Moorfield Group added: “This deal is another endorsement for the cost-effective

and flexible serviced office solutions we can offer occupiers on the park. Sensalytx is an excellent

addition to the entrepreneurial occupier mix at James Gregory and we wish Graham and the team

every success.”



READ SOURCE

READ  Loretta Mester says if economy stays like this, Fed should keep rates 'where they are'

WHAT YOUR THOUGHTS

Please enter your comment!
Please enter your name here