Aberdeenshire companies Cable Solutions Worldwide (CSW) and ESWL have relocated to new premises in Inverurie in a move supported by a £565,000 funding package from Royal Bank of Scotland (RBS).

The two energy service firms are now based at Blackhall Industrial Estate. They currently employ a total of 24 people, having recently taken on five new recruits, with the two firms each expecting to add another two people to their workforces in the near future.

CSW (www.cable-solutions-worldwide.com) specialises in design, manufacturing, supply and project management services for the oil and gas, sub-sea, ship-building and renewable-energy industries, while ESWL is a procurement company.

CSW director Colin Fraser said: “We’ve come through a relatively turbulent period within the sub-sea and oil and gas sectors, and we are now looking to expand into more robust markets.

"The purpose-built facility will allow us to increase the cable assembly process, provide more diverse products, stock more of our customers’ favourites and provide jobs to the local economy.”