Macpherson: assumes challenging role

Aberdeen-headquartered Stable Services has opened an office in Dubai and appointed a business development director to focus on its expanding Middle East operation.

The fast-growing Scottish oilfield products business has already seen a 25 per cent increase in its business in the Middle East in the last two months and currently has almost 150 enquiries which could lead to lucrative contracts.
Scott Macpherson joins the company which specialises in the sale, rental and manufacture of drilling items to head up the business development drive in the region. He will be primarily concentrating on building Stable’s business and reputation in the bottom hole assembly market which is being stimulated by the region’s high levels of oil and gas activity.
With 25 years’ experience in the manufacture and repair of drilling equipment, Macpherson joins Stable Services from VAM Drilling Middle East, part of French-owned Vallourec & Mannesmann Oil & Gas, where he was regional manager. Prior to that, he was regional manager for the North Sea at SMF International.
Originally from Edinburgh, Macpherson began his career in inspection, quality assurance and quality control.
Commenting on his appointment, Martin Paisley, managing director of Stable Services, who is also based in the Middle East, said: “Scott’s appointment is a major step forward in our drive for growth in the Middle East and we are delighted to have secured someone with his expertise, network of contacts and experience of multi-national companies operating in this region.”
Macpherson commented that Stable was a fast-growing, dynamic business and his role was autonomous with a stake in the business. He said he was looking forward to the challenge of establishing a Scottish business in the Middle-east.
The newly-opened Dubai office is located in the World Trade Centre.
Stable Services recently added a bespoke engineering capability to re-engineer tools to enhance drilling performance.
Stable Services was set up by North-east entrepreneur Rod Coffey to capitalise on the increasing global demand for drilling equipment. The group has a confirmed order book amounting to £40 million and is forecast to reach a turnover of £50 million in the next 12 months.