The Aberdeen-based company, a specialist in managing risk in the energy and marine sectors, says the decision reflects its increasing presence in the region.
Their presence at OrbisEnergy, which is already home to an impressive roster of suppliers for the clean energy sector, is just the tip of the iceberg into future growth for Marex in the region.
Having recently won a major offshore wind-related contract with significant developers within East Anglia, Marex is expanding its reach internationally, with more than 20 global consultants now in place.
As well as supporting oil and gas clients, its diversification is attracting clients in the wider energy sector, particularly those operating in the renewables sector, and the tenancy at OrbisEnergy is an ideal opportunity to establish a presence.
Wayne Henderson, Marex managing director, said: “Opening the office in East Anglia is a logical step in our strategic growth plan, particularly as we are already operating in Great Yarmouth.
“We help our clients manage risk when seizing new business opportunities, and the tenancy at OrbisEnergy fits seamlessly into these plans allowing us to build up our presence gradually in the region.
“The potential for Marex to win more work across the energy sector in the Norfolk and Suffolk regions is huge when you consider our skillset and expertise, and this is one of the main drivers behind this investment.”
Ian Pease, business development manager at OrbisEnergy, said: “We are delighted to welcome Marex. They are a perfect fit for the ethos and ambitions of OrbisEnergy and a great example of a business embracing the opportunities the transition to a decarbonised energy system brings.”
And despite challenging market conditions caused by the pandemic, OrbisEnergy’s occupancy has remained resilient. The clean energy hub has seen excellent tenant retention rates, alongside growth in demand for both physical office space and virtual tenancy options.
Ian continued: “Continued high utilisation and interest in OrbisEnergy demonstrates the importance business places on being able to work, meet and collaborate in person when conditions allow. 2022 is already shaping up to be a good year for the clean energy sector in the region.”
The recent growth within Marex means the company is also relocating its Aberdeen headquarters.
It is moving to newly refurbished office space at Neo House on Riverside Drive, which also reflects wider changes in the working environment.
Wayne said: “We are looking to the future as we continue helping our clients develop new opportunities.
“While we are committed to retaining a presence in Aberdeen, we decided it was time for a new base as we navigate our way through the energy transition.
“It is the Marex team that maintains our reputation in the industry and it is important to us to support them in striking the right work-life balance.
“So as well as choosing first class facilities in a safe and healthy environment, the rapid evolution of how we work in the last couple of years means that we know we can offer the flexibility and efficiencies of home or hybrid working.”
Image shows the OrbisEnergy building in Lowestoft, Photography credit: Julian Claxton.