Fulkrum, a leading provider of inspection, expediting, auditing and technical staffing services, is celebrating a successful first half of the year, including a 60% increase in year-on-year revenue with continued growth on the horizon.

Adding to its expansive portfolio, in Q1 and Q2 of 2023 Fulkrum expanded its business with new clients and projects across Europe, the Americas, the Middle East and the Asia Pacific regions. Seeing particular growth in its Technical Staffing division, the company has significantly increased its provision of technical personnel who are then seconded to client offices, offshore installations, or onshore facilities. In response to this increase in demand, internal headcount has grown by 21%, exceeding company targets for team expansion and bringing new jobs to the geographical markets they operate. 

Now in its 13th year of business, the team celebrated multiple accolades in first half of 2023 when they were announced as finalists in the SPE (Society of Petroleum Engineers) Offshore Achievement Awards in March, and then awarded the coveted King’s Award for Enterprise in the International Trade category. These recognitions are a testament to Fulkrum’s commitment to providing vital quality assurance, health, safety and environmental services and personnel to the oil and gas, clean energy, construction, and technology markets. 

Solidifying its commitment to quality, competence, and impartiality, Fulkrum’s UAE office received further recognition as it achieved the highly regarded ISO 17020 accreditation for Type A inspection services, joining their Brazil, Malaysia, USA, and United Kingdom offices who also achieved ISO 17020 accreditation in recent years. 

Highlighting its commitment to advancing processes with technology, while safeguarding critical data, Fulkrum is also celebrating the successful 2023 renewal of its UK government backed Cyber Essentials certification, recognising the company’s commitment to data protection and security. 

Reflecting on the exponential success seen over the last six months, Vice President, Brock Falkenhagen, commented: 
“2023 has been a fantastic year for Fulkrum, particularly following the substantial impact that the pandemic has had on the industry over the last few years. I am immensely proud of the hard work that the team has put in to support our clients ensuring that our services are supplied to a high level of standard, even in challenging times. 

“From winning new contracts and projects to the honour of attending the King’s Award Reception at Buckingham Palace later in the year, 2023 is on track to be another successful year for the company.”

KeyFacts Energy Industry Directory: Fulkrum