OTC

Oil & Gas

New vessels secure work

Craig Group said at OTC yesterday that a £35million investment in four new vessels had already secured multimillion-pound contracts for the Aberdeen global shipping and energy service company.

Oil & Gas

Asco lands MWCC award

Asco, the world's largest oil and gas logistics company based in Aberdeen, has landed a contract to manage logistics and freight for the Marine Well Containment Company (MWCC) in Houston.

Oil & Gas

Bank deals worth £220m

The oil and gas team in Barclays Corporate Banking division revealed it had been involved in deals providing funding for acquisitions and exploration and production amounting to almost £220million in the first quarter of this year.

Oil & Gas

Cluster group to tackle issues

ITF, the industry technology facilitator for the global oil and gas industry, is to launch a cluster group for the US focusing solely on solving major technology challenges which are hampering exploration and production.