Hydro Group has hailed growth thanks to work in the defence sector but said the subsea industry it operates in still has a “long, hard slog” ahead.
A fighter jet engineer told the offshore industry yesterday of the need to standardise its processes to improve costs and safety.
Scottish oil and gas explorer Cairn Energy has appointed a former executive of National Grid and aerospace firm BAE Systems to its board.
Norges Bank announced today that it has taken the decision to exclude nine companies from the $1.07 trillion Government Pension Fund, also putting one firm “under observation”.
London’s top flight index stumbled back into the red as it struggled to build on recent gains despite a strong boost from Centrica and BAE Systems.