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.
Energy services firm TechnipFMC has announced a reduction in spending of more than 30% in response to the coronavirus outbreak.
Bilfinger UK has said it will offer the option for the government’s coronavirus furlough scheme, days after terminating onshore workers without support.
Subsea 7 has warned of “significant headwinds” from the dual impact of the coronavirus and plummet in oil price.
Aberdeenshire-headquartered Stats group has appointed a 40-year engineering veteran as its new chief operating officer.
Shares in Aberdeen-headquartered energy services firm Wood climbed this morning as at predicted a surge in its annual earnings.
UK energy giant SSE has confirmed it will complete the £500 million sale of its energy services arm to Ovo Energy today, clearing the way for the firm to focus on its renewable energy portfolio.
Dallas engineering, procurement and engineering company Fluor posted a nearly three-quarter billion dollar loss during the third quarter amid a company-wide overhaul.
Aker Solutions has warned that revenue and earnings are expected to dip next year as it fights for work in a “very competitive market”.
Pre-tax earnings at Halliburton were nearly halved in the first nine months of 2019 amid asset impairments and write-downs of its Venezuelan investments.
Aberdeen-headquartered EnerMech has appointed a new Americas chief as it seeks to double headcount and turnover in the region.
Aberdeen-headquartered energy services firm Wood has appointed a new chief executive for its Americas business.
EnerMech chief executive Doug Duguid is giving up the hotseat at the company he helped found more than a decade ago.
Energy services group Hunting has admitted to a "weak" start to 2016 with its first quarter revenue half what it was for the same period in 2015.
Energy service firm Petrofac said yesterday it and Schlumberger had been declared "selected bidder" for work on a major project in Mexico.
Darrell C. Howard has joined energy services major Baker Hughes as president of the US group's integrated operations organisation.
WTR's Willie Rennie is local to the north-east of Scotland, went to Aberdeen Business School and has logged more than 21 years in the oil & gas industry.