TWMA workforce cut by 6% this year
Specialist drilling waste management company TWMA was forced to cut its UK workforce by around 6% this year after an “excellent” 2019, bosses have said.
Buckthorn Partners
Coretrax speeds up expansion drive with Churchill acquisition
Oilfield service firm Coretrax has accelerated its expansion drive with the acquisition of Churchill Drilling Tools, of Aberdeen.
Over-capacity slows deal flow in Q3
Anderson Anderson & Brown Corporate Finance is delighted to share with you our quarterly Deals+ update for Q3 2019 in conjunction with Energy Voice, highlighting selected oil and gas mergers and acquisitions and fundraising transactions across the UK
Aberdeen-based Coretrax in merger with US firm
Aberdeen-headquartered oilfield services firm Coretrax has announced a merger with a company in the US.
Ashtead completes fourth acquisition in three years
Ashtead Technology has taken over a Louisiana-based energy services firm as part of its US expansion plans.
Private-equity firm takes Coretrax majority shareholding
A private-equity firm will become the majority shareholder in Coretrax after investing in the Aberdeen-headquartered oilfield service business.
TWMA cleans up with £1million North Sea deal
Aberdeen oil service firm TWMA has clinched a £1million contract to carry out waste management duties on a central North Sea drilling project.
Aberdeen’s TWMA bought by global energy specialists
Aberdeen-based integrated drilling waste and environmental services company TWMA has been acquired by private equity firm Buckthorn Partners.
Ashtead forecasts improved trading after acquisition boost
Ashtead Technology is forecasting improved trading this year after a “solid” performance in a weakened market in 2016.