Red Spider hoping to weave jobs

Red Spider's Steve Nicol said it was "exceptional" news

An oil and gas industry technology firm has said it hopes to create more jobs, after breaking the £1m monthly revenue barrier for the first time.

Red Spider, based at Westhill on the outskirts of Aberdeen, said revenue had grown 150% in the first half of 2009.

The company employs 48 people and is now looking to expand.

Managing director Steve Nicol said: "This is exceptional news for Red Spider, at a time when many businesses are seeing a downturn."

The company said it had secured work in Colombia, Germany, India, New Zealand and across the Middle East and West Africa.