JDR Wins Queen’s Award for Enterprise in International Trade
: 21 April 2014: JDR, a leading provider of technology connecting the global offshore energy industry, is proud to announce it has won a 2014 Queen’s Award for Enterprise in International Trade. This prestigious award recognises JDR’s success in international oil, gas and renewable energy markets. The 2014 Award is JDR’s second Queen’s Award for Enterprise, having received its first International Trade award in 2010.
Over the last three years JDR has delivered substantial growth through the design, manufacture and delivery of subsea products and services for many of the world’s major energy and subsea equipment suppliers. JDR now exports over 80% of its output – the company’s overseas markets extend from North Sea, Gulf of Mexico and Asia Pacific markets, to West Africa, Middle East and Germany. As a result, JDR’s overseas revenues have increased by 248% since 2010.
JDR’s export success has been achieved by growing business for existing products and services, venturing into new markets, as well as investing in next generation technology development. The company’s subsea production umbilicals, subsea power cables and inter-array cables are enabling JDR to win business with oil and gas customers and enter the emerging market for renewable energy production. Additionally JDR has evolved a full service customer offer, incorporating front-end engineering design, project execution and post-delivery offshore services.
Growth was enabled through continued investment in JDR’s world class manufacturing facility in Hartlepool. This facility, established in 2009, has enabled JDR to extend its global reach. The facility is located on the North-East UK coast, alongside a deepwater port with direct access to international shipping lanes.
Andrew Norman, JDR’s Chief Executive Officer, commented: “On behalf of everyone at JDR, I am delighted to announce our latest Queen’s Award for Enterprise; it’s a proud day for our business. This award is testament to the strategy we established in 2008: to grow JDR by targeting new global markets through investment in our products, technology and infrastructure
“Our umbilical products and technologies are designed to maximise the efficient delivery of power, control and communications in subsea operations as exploration goes further and deeper offshore. We are also taking on the new challenge of delivering high voltage power into harsh subsea environments. In renewables our focus on offshore wind, has seen JDR win business with the UK’s pioneering wind farms and turn this into an export opportunity.”
About the Queen’s Award for Enterprise in International Trade
The Queen’s Awards to Enterprise are the UK’s most prestigious business awards, given only to companies or individuals who are outstanding in their field. Previously known as the Queen’s Awards to Industry, the first awards were given in 1966. For the International Trade award, winners have demonstrated their business has achieved substantial growth in overseas earnings and in commercial success (for their business size and sector) through either: outstanding achievement over 3 years; or continuous achievement over 6 years.
JDR is a leading provider of technology connecting the global offshore energy industry. Our products and services enable vital control and power delivery to offshore oil, gas and renewable energy systems.
The world’s major energy companies and subsea service providers depend on high performance subsea control umbilicals and subsea power cables that operate in the world’s harshest offshore environments. JDR invests in state-of-the-art manufacturing facilities, technology and people to deliver these world-class subsea products.
We have a proven track record of delivering client expectations and are totally committed to lifecycle customer service. We achieve this through our specialist engineering teams, experienced project management, integrated safety systems and a global service network that ensures 24/7 aftermarket support.