Motive Offshore targetting growth after multimillion-pound investment
North-east firm Motive Offshore said yesterday it was targeting “ambitious” growth after a multimillion-pound private equity investment.
North-east firm Motive Offshore said yesterday it was targeting “ambitious” growth after a multimillion-pound private equity investment.
Air accident investigators have launched an inquiry after a helicopter landed on the wrong North Sea platform this week.
North Sea industry received a shot in the arm yesterday as oil and gas companies reported progress on major projects.
London-based private equity investors have swooped to buy Scottish drone technology firm Cyberhawk Innovations for an undisclosed sum.
Aberdeen-based KCA Deutag saw its losses widen by 68% in its full year accounts yesterday, despite a “robust” performance from its North Sea business.
Engineering group Tekmar has acquired 80% of a renewables and subsea consultancy – for just £2.
Bosses at Parkmead Group said today they were "working intensively" on acquisitions to beef up the firm's portfolio.
As neighboring Venezuela collapses, Colombia is hoping to lure oil majors with an unprecedented bidding system: Producers can propose drilling anywhere, at any time, and the country will look into it.
A Georgian estate house yesterday provided the backdrop for the launch of the new buses being introduced on a vital north-east route.
Communities should have greater control over fracking, ministers have been told, amid concerns over the potential "random industrialisation" of the countryside.
Depreciation costs, corporation tax and discontinued operations have led to heavy losses for Aberdeen-based Plexus Holdings.
ExxonMobil has agreed to start reporting plastic pellet spills from its polymer production plants under shareholder pressure to prevent ocean pollution, the shareholder group As You Sow said Wednesday.
Neptune Energy and partners have sanctioned the development of the Seagull oilfield in the UK North Sea.
Bosses at Hurricane Energy said today that they were looking forward to an "exciting" 2019 as the company gears up for first oil from its flagship Lancaster field, west of Shetland.
A pilot has said he is “proud” after helping coordinate a huge rescue operation for hundreds of passengers on a Norwegian cruise ship.
Revenue at Score Group rose above the £200 million mark for the first time in the Peterhead-based engineering firm’s history in 2017-18.
Strikes involving more than 200 North Sea workers have been called off.
UK-based Premier Oil has completed the sale of its Pakistan business. Premier has divested Premier Oil Pakistan Holdings to Al-Haj Energy for £50 million. It follows the receipt of necessary approvals and finalisation of working capital adjustments.
Private equity-fund Seacrest Capital is in talks to sell its North Sea exploration and production firm, a news report said.
Energy service firm DOF Subsea confirmed today that it expects to lay off a number of employees in Aberdeen and Bergen.
Odfjell Drilling will take on more than 200 employees to support the growth of its Norwegian North Sea business.
A north-east MSP will formally ask the Scottish Government to reverse its decision not to back an offshore helicopter safety inquiry later.
Saudi Aramco has signed a £52.2billion deal to acquire a majority stake in petrochemicals firm Sabic from the country’s sovereign wealth fund.
Offshore is ready for the limelight again.
BHP Group is among the potential bidders for Blackstone Group LP and LLOG Exploration Co.’s oil-exploration joint venture Bluewater, according to people with knowledge of the matter.