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EarthStream opens US office

EarthStream opens US office 

EarthStream, the specialist recruitment company backed by Key Capital Partners (KCP), has increased its global footprint with the opening of its new office in the US.

The US office will be based in Houston and will provide exploration & production and engineering & technical talent to clients in the oil and natural gas sectors.

This comes shortly after the firm launched its Tokyo office, which has capitalised on the surge in renewable energy activity and importation of liquefied natural gas in Japan as the country aims to diversify its energy mix post the Fukushima nuclear disaster.

Headquartered in London, EarthStream supplies experts across the entire energy & resources mix across the full life industry cycle from upstream to downstream. KCP took a minority stake in the business earlier this year to fund investment in new and existing markets.

EarthStream chief executive Paul Beeke said: “We already have major clients in the US and it is important for us to support them with permanent, on-the-ground expertise in Houston. As the dominant source of world energy oil and natural gas remains a vital part of our strategy and as such Houston is regarded as the world&acutes capital of oil and gas which necessitates the need for a local presence.  

“In Japan we are anticipating rapid growth in alternative forms of energy, including solar and wind energy as the country plans to replenish the lost energy from the closure of nuclear reactors. In addition the Houston and Tokyo offices will collaborate closely as Japanese O&G operators increasingly look to exploit the range of unconventional shale gas development opportunities in the US.   

“The business now has truly global coverage with in-country operations in the most vital energy and resources markets that is leading us to strong growth. Our strategy of continued investment will ensure we continue to offer the best talent for global natural resources firms involved in all elements of the supply chain.” 

Philip Duquenoy, director at KCP, added: “Our investment has allowed EarthStream to increase its worldwide footprint and staff in leading markets, including the US and Japan. As the global demand for energy continues to rise, we will ensure we adapt the business accordingly to support our wide range of clients.” 

EarthStream was founded by Paul Beeke in 2010. KCP invested &pound2million in the business in March.

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