CHAMPAGNE was flowing at the British Embassy in Baku, Azerbaijan last week when Billingham based company Tracerco - part of the Johnson Matthey group - celebrated the opening of its latest office. The event proved a great success with guests including Tracerco customers, the British Ambassador to Baku, His Excellency Mr Laurie Bristow and Tracerco Managing Director, Andy Hurst.
The Baku office will allow Tracerco to provide local support to meet its customer needs in Azerbaijan and focus on the growing oil and gas market in the remainder of the Caspian region where there is a large customer base working in the areas of upstream oil and gas production. BP has invested $25billion in oil and gas production and processing facilities in one of the largest expansions seen in the global oil industry. Tracerco's expansion plans in the region will include the hiring and training of local Azerbaijani engineers, and support staff.
Les Winward, General Manager for Tracerco Baku said: “Having an office in Baku allows us to offer our unique range of industrial technologies in process diagnostics, specialist measurement and fuel tagging demonstrating the value of our products and services to the oil industry in the Caspian region.”