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Birmingham Post
Birmingham Post
Business
Coreena Ford

Offshore supplier Osbit grows team by a third following Venterra Group takeover

Northumberland offshore technology supplier Osbit says it has grown its team by a third since its takeover by a Yorkshire group three months ago.

The Riding Mill-based company, an offshore wind technology developer, has taken on more than 40 new employees following its acquisition by Venterra Group last October.

Osbit was one of three firms bought by Sheffield based Venterra Group, which was formed by former Petrofac International chief executive Ayman Asfari as part of moves to invest £250m in the offshore wind farm life cycle by the middle of next year.

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The company – which had 120 people at the time of the deal across sites at Port of Blyth and Riding Mill – said it is gearing up for significant growth in its global markets, having added 24 engineers to its team, as well as four support staff, and six contractors.

The appointments include multiple experienced mechanical and control engineers, with a background in the offshore industry, to bolster the business’s project teams.

Four of its new graduate engineers are already familiar with Osbit, having previously undertaken student placements with the business during their degrees.

The business has also upped its student intake for 2022, with seven mechanical engineering undergraduates carrying out placements from January until the summer.

Osbit joint managing Director Brendon Hayward said: “Our capabilities have never been more valuable and in demand as they are now, with accelerating growth of offshore wind farms across the world. To enable us to keep delivering the technology the industry needs to meet net zero targets, we must continue building our highly talented team.

“Offshore wind is really taking off across the world now, with the UK as the world leader, and this is a great sector in which to build a career.

“We have always been an ambitious business and we’re working on some really exciting projects now, which we are looking forward to sharing more about.”

Osbit director Neil Harrison, who is responsible for business resources, added: “We have a fantastic team here at Osbit and we are passionate about finding and nurturing talented individuals to fuel the rapid development needed in offshore wind.

“Working at Osbit, talented individuals can make a real, tangible difference in tackling climate change and energy transition, within our supportive community. We are continuing to recruit for a range of roles and encourage anyone interested to get in touch via our website.”

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