Energy Services giant Petrofac (LON:PFC) is buoyant about the outlook for the rest of 2022 after trimming losses.
Nort-east firm Three60 Energy has struck a deal for well and pipeline operator Fraser Well Management.
Energy services firm Centurion Group reversed major year on year losses to finish 2021 on a solid financial footing.
North-east firm Proserv has announced a realignment of its top brass as it continues to pivot towards the energy transition.
Energy services firm Centurion Group has completed the acquisition of Angus-based rental company RMEC for an undisclosed sum.
Aberdeen-headquartered Sparrows Group is being bought by industrial services giant Altrad.
Aberdeen-headquartered energy services firm Tendeka has been acquired by Saudi Arabian oilfield services company TAQA.
Energy services group Hunting (LON: HTG) has announced that Richard Hunting will leave the company after half a century.
McDermott International has announced the appointment of a new chief executive and president.
London-headquartered energy services firm Hunting Plc (LON:HTG) has set up a new joint venture to take advantage of work in India.
Global energy services firm Petrofac has penned a strategic partnership with a leading UK green hydrogen company.
TechnipFMC has increased its full-year expectations on the back of a strong start to 2021, as well as “continued improvement” in the broader market outlook.
Updated: Shares in Wood dip after forecasted drop in revenue, firm expects bribery cases to conclude in June
Shares in energy services giant Wood have dipped after the company projected a revenue drop in the first half of the year.
Three60 Energy has bolstered its engineering, procurement, construction and commissioning (EPC&C) division with a new senior appointment.
Energy services firm Proserv has scooped up Dron & Dickson’s Middle East based trade and assets.
Bosses at Three60 Energy are looking to target asset operators “across the globe” after a positive and prosperous last few months.
Subsea 7 has warned its future results may still be “adversely affected” by Covid-19 despite a “solid” financial showing to start the year.
Energy services firm ICR Integrity has struck a deal worth almost a million pounds with a leading pump manufacturer.
Energy services giant Petrofac has secured a one-year contract extension worth around $80 million (£57m) with a “key client” in Iraq.
Bosses at TechnipFMC are confident the energy services giant is “well-positioned” to benefit from the “improved market outlook” in the coming months.
North-east energy services firm Proserv Controls said yesterday it had opened new facilities in Cumbernauld and Abu Dhabi after a “seven figure” investment.
The boss of Wood expects more “turbulence” ahead for markets served by the global engineering and consultancy.
TechnipFMC plans to cut around 60 jobs in Fife after the price of oil and gas plummeted.
Aberdeen-headquartered energy services firm Wood has announced targets to reduce its direct and indirect emissions by 40% by 2030.
Aberdeen-headquartered energy services firm Wood has said “employee reductions are being made” in order to tackle the effect of the coronavirus outbreak.