Oil and gas millionaires galore on Scottish Rich List
The scale of Aberdeen's North Sea bounty over several decades is revealed in the latest Sunday Times Rich List.
Craig International deal with Spirit Energy could be worth £21m
An Aberdeen firm delivering vital services and supplies to the global offshore oil and gas industry said yesterday a new contract with Spirit Energy could be worth £21 million over seven years.
BGF makes fresh investment in Spex
The Business Growth Fund (BGF) has announced a fresh multimillion-pound investment in energy service firm Spex Group.
Airbus not expecting any surge of oil and gas industry interest
Airbus Helicopters chief executive Bruno Even said yesterday the aircraft manufacturer was not expecting a major recovery in demand from the offshore energy industry despite higher oil prices.
OPINION: Where helicopter safety is concerned, regulations matter
Helicopter safety has been big news in 2018, with passengers, community members, unions and politicians justifiably demanding that safety standards in the North Sea are kept to the highest level.
Aberdeen battles back to become top five city
Europe’s beleaguered capital of oil and gas has powered its way into the top five in a league table of the UK’s fastest-growing city economies.
MSIS looking to clean up after near-£1m injection
MSIS said yesterday it was on track to rapidly grow its share of the global oil and gas environmental services market after a near-£1million investment in expansion during its last full trading year.
Glacier’s new structure to focus on overseas growth
Scottish firm Glacier Energy Services announced a new organisational structure yesterday, saying its new set-up was more efficient and better focused on international growth.
Wood still committed to its Aberdeen roots, CEO says
Wood chief executive Robin Watson said yesterday the group still had a key role to play at the heart of a recovering north-east economy, despite it making only 5% of its revenue in the UK North Sea.
PD&MS says £10million of new deals make it a market frontrunner
A hat-trick of new contracts worth a total of £10million have created 25 jobs and put Aberdeen firm PD&MS Group into pole position in a growing market.
Algy Cluff says it’s time to reverse the shift towards gas imports
North Sea veteran Algy Cluff said yesterday the current rocky relations between the UK and Russia highlighted the dangers of Britain relying on foreign gas imports.
New owner for Xodus Group: Subsea 7 takes a majority stake in the Aberdeen firm
Xodus Group, the Aberdeen-based energy consultancy is now majority-owned by Subsea 7 following a deal struck between the two companies tonight.
Zenith Energy snaps up rig for £250k
Azerbaijan-focused Zenith Energy has struck a deal to buy a new workover rig for £250,000.
Presserv to open training centre
Corrosion specialist Presserv, of Aberdeen, is launching a training centre.
Canon deal is a Capital idea for future
If the boss of Capital Document Solutions seems even more confident than usual about the office equipment company’s future, it is with very good reason.
English firm launches new offshore division after Aberdeen acquisition
Global Marine Group (GMG), of Essex, has launched a new offshore division in Aberdeen in a further sign of growing confidence in the oil and gas industry.
Well-oiled machines …
There’s a new breed of multifunctional devices (MFDs) appearing in workplaces around Scotland that copy, print and scan.
EnerMech’s new business, MInteg, poised for international growth
Engineering services group EnerMech, of Aberdeen, said yesterday new subsidiary MInteg was poised to double the size of its workforce next year.
Capital helping firms take poll position
It’s a well drilled unit, ready to spring into action at a moment’s notice and help get sophisticated technology up and running as fast as possible.
Rotech look east and sends team and tech to Myanmar
Rotech Subsea is increasingly active in Asia, the Americas and other parts of the world to meet growing global demand for its cutting-edge trenching, excavation and cable grab tools.
Top apprentice Ashley earns Opito recognition
A former Peterhead Academy pupil who followed in his family’s footsteps into the oil and gas industry despite its recent woes has scooped a prestigious award.
Lenders to take charge as Bibby gets a £50m boost
Bibby Offshore is in the middle of a major financial restructuring that will see the north-east subsea firm fall into the hands of lenders.
New release of key seismic data for the UKCS
A swathe of new data from a £20million UK Government-funded seismic programme is expected to encourage oil and gas exploration in the North Sea.
Plans to reform off-payroll rules to impact North Sea industry
The UK Government has set its sights on private sector employment practices in a move expected to have huge implications for the North Sea oil and gas industry.
Apache offloads assets in £100m-plus deal
Oil firm Apache has completed the sale of key UK North Sea infrastucture in a £100million-plus deal.