Insights

Portfolio Spotlight: Reflections from ROMAR International CEO, Malcolm MacKenzie

As our spotlight on ROMAR International comes to a close, we caught up with company CEO, Malcolm MacKenzie. We asked what the future holds for both ROMAR, and the wider energy industry as it contends with the fluctuating oil price and a global pandemic. He was clear, the future looks bright with cost-efficiencies and environmental conscientiousness at the heart of the company’s ongoing success.

Quote from Malcolm MacKenzie, ROMAR

“It’s an incredibly difficult time for the industry right now, and as a business, we are working hard to support our clients, partners, and suppliers as they to continue to deliver vital services around the world.  The care for all of our stakeholders and local community is ultimately as important as our own personnel.

“While I am mindful of the uncertainty which lies ahead for the industry as a whole, I am immensely proud of what ROMAR has achieved over the last few years.  We relaunched the business to the international market during the last oil crash (despite the evident risk of that strategic investment), and with a commitment to proactive cost-control, it has bolstered our preparedness for the challenging times the sector now faces.

“As CEO, I am bound to ensure the integrity of the business. As part of our long-term strategy, we will continue to build on the robust infrastructure which has served us well over the last twenty years. We plan to broaden our product offering and support the future energy transition to help increase the availability of environmentally friendly alternatives across all operations.

“Cost-efficiency and environmental conscientiousness have long been at the heart of our business, and we consistently work with clients and the wider industry to identify new ways to improve our offering, perfect our product base and reduce our impact on the environment.

“Despite being a small business based in rural Aberdeenshire in Scotland, we have a wide international reach, and this is another source of pride for us. Our team is instrumental to our success, and they embrace the ethos of family, comfortable in their individual expertise and skillsets but always willing to go that extra mile and help each other out. The trust I have in them makes my job a lot easier, and for that, I am very grateful.

“I have no doubt that the road ahead is an untravelled one for the industry and that the uncertainties which surround us all are daunting, but I am optimistic.

“The combination of the pandemic and the oil price drove us to change how we work, adapt, and refocus on the opportunity for real change. As a sector, we have been to the brink and back before. We can do it again.”

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