Centurion Group has acquired UAE-based Specialist Services Group with hopes of major growth in the Middle East and beyond.
Several jobs have been saved at an Aberdeen oil and gas services firm after it was bought out of administration.
Energy investment experts have branded the UK Government’s Covid-19 business loan schemes “virtually inaccessible” and “worthless” to oilfield service firms.
It was an interesting year for deal-making in 2019, despite political and economic challenges.
Energy service firm Centurion Group has increased its revolving credit facility by £13.8 million, giving it more "firepower" grow organically and make acquisitions.
Private-equity-backed Centurion Group has moved up another gear in its expansion drive with the acquisition of two more firms.
An Aberdeen headquartered oil and gas firm is considering floating on a public market as part of its long term growth plans.
An acquisition-hungry energy services group based in north-east Scotland has secured nearly £50 million worth of additional “firepower”.
ATR and Viking SeaTech have both opened new offices overseas in the latest move by Aberdeen businesses to spread their wings after the North Sea downturn.