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.
Oilfield service firm Coretrax has accelerated its expansion drive with the acquisition of Churchill Drilling Tools, of Aberdeen.
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-headquartered oilfield services firm Coretrax has announced a merger with a company in the US.
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.