A TYNE Valley technology supplier is celebrating its 10 year anniversary.

Offshore expert Osbit, which is based in Riding Mill, began operations in 2020 with just three owner-directors, all of whom were engineers.

The team soon grew to four and, before long, a powerful engineering team was established.

Throughout its decade in operation, Osbit has delivered several offshore technology firsts to support a customer-base spread out across the world, including well intervention technology for safer operations, cable laying technology which tripled operational performance, and advanced subsea trenching vehicle technology.

It has also recently developed an innovative seabed mineral collector, in partnership with Enshore Subsea.

Executive chairman at Osbit Ltd, Dr Tony Trapp MBE, said: “We have had lots of excitement together with excellent results over the past 10 years, but also plenty of challenges.

“We made a significant investment in the early years but were able to eliminate debt after three years.

“We now have the Covid-19 pandemic and Osbit has continued to deliver high quality engineering in a safe way in 2020 while the world has experienced the greatest level of business and financial turmoil that I have seen in my lifetime.

“Osbit is a really enjoyable place to work.

"We are looking forward to going back, as soon as it is safe to do so.

“Who knows what the next 10 years will bring, but I am confident that our brilliant team will find the best way forward so that the business can continue to flourish.

"I am extremely proud of what Osbit has achieved so far and this is a real tribute to the dedication and talents of our whole team.

"As a business, we have always thrived on taking on and overcoming new challenges, and I am looking forward to seeing what further impressive feats we can achieve in the offshore world.”