Work to break up and recycle a massive vessel, which served the UK North Sea for more than 20 years, has begun in Norway.
The purchase of hazardous waste firm Augean by London-based Ancala Partners for £341 million topped the list of private equity deals in the 12 months to September.
A new suitor has emerged with a nine-figure bid for the company that brought Dundee’s first major decommissioning project.
A further extension has been given to banking giant Morgan Stanley Infrastructure to make an offer for waste management company Augean or walk away.
Banking giant Morgan Stanley Infrastructure has been given an extension to make an offer for waste management company Augean – or walk away.
One of the world’s largest banks has signalled its intention to acquire a Dundee waste management firm.
Waste management firm Augean was back in the black during a 2020 marked by the axing of more than half of the workers at its North Sea division.
Waste management firm Augean expects to record a £3 million impairment in its 2020 results linked to the decline of its North Sea business.
Dundee will become the go-to hub for decommissioning work in the UK according to the man who has spearheaded the city’s move into the sector.
Oil giant Shell has confirmed that decommissioning work on the Curlew floating production (FPSO) vessel moored in Dundee has been halted.
Bosses at hazardous waste management company Augean said today that they are targeting further growth in the North Sea decommissioning market.
Shell's Curlew vessel has arrived in Dundee for cleaning and waste disposal as part of a contract with Augean North Sea Services (ANSS).
Hazardous waste management company Augean said its North Sea services subsidiary had “moved up the supply chain” in 2018.
An ambitious bid to build the UK’s largest heavy lift offshore decommissioning vessel could create up to 500 jobs for Tayside and leverage tens of millions of pounds of inward investment into the city.
Augean said yesterday it was on the hunt for bolt-on acquisitions for its North Sea services subsidiary, with the Peterhead area identified as a target for expansion.
Augean said yesterday its Aberdeen-based North Sea services subsidiary would fall short of previous management expectations this year.
Waste management specialist Augean has snapped up fellow industrial waste firm Colt in a £9.2million deal.
Augean, the specialist waste management businesses, announced its preliminary results for the year ended 31 December 2015, reporting increased revenue up 11% to £61.0million (2014: £55.0million) and a profit before tax increased by 12% to £6.0million (2014: £5.4million).
Waste management specialist Augean, has acquired a new site to support its North Sea Services business (ANSS).
Oil and gas waste management specialist Augean North Sea Services has appointed experienced sector professional John Coull as director of waste services.
Waste-management giant Augean said yesterday that contract wins for its North Sea energy service arm contributed to a strong first half performance for the group. Aberdeen-based Augean North Sea Services (ANSS) sealed a number of deals in June and July, including a first contract for the disposal of naturally occurring radioactive material that builds up on offshore drilling equipment. The group’s Radioactive Waste Services (RWS) division will work with ANSS on the contract, which was agreed with an unspecified major operator.