Aberdeen-headquartered Sparrows Group is being bought by industrial services giant Altrad.
Industrial services giant Altrad has completed its acquisition of Muehlhan’s oil and gas business in Denmark and the UK, with the changeover of 750 North Sea workers.
Industrial services giant Altrad said a significant pipeline of work would see it expand its UK headcount next year, amid a North Sea staff resurgence and plans to continue a run of acquisitions.
Altrad has announced a three-year North Sea contract win with Serica Energy, securing 40 jobs.
Industrial services firm Altrad has landed a multi-million pound contract with Shell for the provision of critical support services in the Southern North Sea.
Unite is to ramp up its endeavours to secure a collective bargaining agreement for Altrad workers.
Industrial services giant Altrad has signed two long-term contracts with a major oil refinery on the east coast of England, worth an estimated £30 million.
A boss at industrial services giant Altrad Group said yesterday that 2020 had been a “painful” year for the business on a human level.
Bosses at Altrad Group said today the industrial services giant remained “uniquely placed” to maintain its long-term growth momentum.
A trade union boss has hailed the progress made by the oil and gas industry in its quest to create a new collective deal covering thousands of North Sea workers.
A new deal covering thousands of North Sea workers could include a “rate adjustment mechanism” linking pay with oil and gas prices, a key figure behind the talks said.
Industrial service group Altrad has been chosen to provide construction, hook-up and commissioning work on Premier Oil's Tolmount project in the UK North Sea.
Around 80 jobs have been saved at Altrad Services after union pressure saw the firm reinstate workers under the government’s furlough scheme.
A deal has been struck to protect hundreds, and potentially thousands, of North Sea jobs during the coronavirus outbreak.
French industrial services giant Altrad saw pre-tax earnings drop last year as it fully integrated UK firm Cape into its business.
A survey from the UK’s largest offshore union has found high levels of job insecurity among the contractor workforce in the North Sea.
Industrial services firm Altrad said its half-year results showed its efforts to integrate companies acquired in recent years had been a “tremendous success”.
A trade union boss said he was “astonished” by Sparrows Group’s decision to exit the UK representative body for offshore oil and gas contractors.
Altrad said today that its £332m acquisition of Cape in 2017 was the main driver of record financial results at the industrial services giant.
Union officials said today that the Offshore Contractors' Association (OCA) would make a revised pay offer for North Sea workers.
Think of Cape, think of scaffolders.
Trade union officials and employers will hold crunch talks over offshore workers’ pay this week in a bid to avert widespread strikes in the North Sea.
Altrad said it had taken a huge "stride" towards becoming a world leader in industrial services thanks to its acquisition of Middlesex-based Cape.
French construction group Altrad has posted record results, saying the performance was driven by 2017 acquisition of Cape.
French construction group Altrad said yesterday its new UK operations, including offshore oil and gas business in the North Sea, were a key part of its growth strategy.