Ashtead Technology has taken over a Louisiana-based energy services firm as part of its US expansion plans.
A private-equity firm will become the majority shareholder in Coretrax after investing in the Aberdeen-headquartered oilfield service business.
Aberdeen oil service firm TWMA has clinched a £1million contract to carry out waste management duties on a central North Sea drilling project.
Aberdeen-based integrated drilling waste and environmental services company TWMA has been acquired by private equity firm Buckthorn Partners.
Ashtead Technology is forecasting improved trading this year after a “solid” performance in a weakened market in 2016.