Lloyd’s Register Set for Prime Four.

The Lloyd’s Register Group (LR) is the latest world class energy services company to select the Prime Four business park at Kingswells, Aberdeen as the location for its North East Scotland operations.

The global engineering, technical and business services organisation, which operates across the globe with over 9,000 employees, has taken a 15-year tenancy at the park from September 2017 (subject to planning consents). Its 100,000 square feet purpose built office complex will have capacity for up to 900 employees, bringing the total number of workers based at Prime Four to over 3,500 by the middle of 2017.

A detailed planning application on behalf of Lloyd’s Register EMEA has now been submitted and will be considered shortly by Aberdeen City Council. Subject to planning consent, the new facility will be built to the company's specifications by park developers Drum Property Group, with construction beginning by late 2015.

LR provides professional services – independent assurance and expert advice – to companies operating high-risk, capital-intensive assets in the energy and transportation sectors. Through its business assurance services, LR helps companies manage their systems and risks across a wide range of sectors.

The move will collocate LR Energy’s existing operations in Aberdeen with LR Senergy’s workforce in the North East of Scotland. In September 2013 LR made its largest ever investment in global energy services company Senergy to expand its range of technical assurance and consulting services to the oil and gas sector.

Drum Property Group Managing Director Graeme Bone, commented:

"Despite the challenging market conditions currently facing the energy sector we continue to experience strong interest in Prime Four from major industry players.

This demonstration of commitment to Aberdeen by Lloyd's Register follows hard on the heels of Statoil's decision to establish a new UK HQ at the park and adds to Prime Four's growing reputation as an International-class working environment and global hub for the energy and supporting services industries.

We are looking forward to welcoming further tenants to the park during the course of this year and there is no doubt that Prime Four will continue to play a major role in generating hugely significant economic activity for the north east of Scotland well into the foreseeable future."

John Wishart, Energy Director at LR said:

“Since LR made its investment in Senergy, the case for collocating all of our North East Scotland based staff has been compelling and the move will create an effective, modern and collaborative working environment, benefiting both employees and our clients.

We appreciate that current market conditions are challenging, however this is an investment for the future and a clear demonstration of LR’s long-term commitment to the energy industry in Aberdeen.”

Lloyd's Register will join major energy operators Statoil, Apache, Nexen, Transocean, OneSubsea and Premier Oil, and accountants Anderson Anderson Brown, at Prime Four.

Social amenities at Prime Four are now operational and include the Fourcourt plaza, designed to be the park’s social hub and comprising a multi use sports pitch, a new Village Urban Resort hotel and health club complex, a Starbucks, a Victory cafe bar and restaurant and the Fresh takeaway delicatessen. In addition, pre-school childcare is also being introduced to the park with Kingswellies Nursery currently under construction and set to open by late March.

“The dynamic and activity at the Park has increased significantly since the turn of the year, with the hotel and other social and sporting amenities opening at the Fourcourt," said Mr Bone.

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