Award-winning engineering firm Ace Winches has identified the Gulf of Mexico region as having significant potential for business development.
Norwegian group Kvaerner has warned of fierce competition from Asia after seeing its first quarter operating profit fall 40% to £9.6million.
Aberdeen-based oil company Talisman Sinopec Energy UK has agreed a £290million deal with US firm Transocean to use its Sedco 712 drilling rig.
Engineering firm Cosalt said yesterday it still could not publish its annual accounts for last year because its long-term financial future remained uncertain.
Engineering firm ODE has picked up an 18-month project management and support services contract on a new German offshore wind farm.
Engineering firm Cosalt told shareholders yesterday it was still trying to secure long-term funding.
Shares in engineering firm Cosalt will be removed from FTSE's fledgling index on Thursday after being suspended since last month.
North-east students have been named among the recipients of a £140,000 scholarship scheme.
Engineering firm Neptune said yesterday it had taken on its largest annual intake of apprentices.
Engineering firm Cosalt suspended its shares yesterday after failing to publish its annual accounts.
The board of engineering firm Cosalt yesterday said it had agreed the terms of a new short-term revolving credit deal of up to £1million provided by Oval, a company owned by its chairman David Ross.
An offshore windfarm and test centre in Aberdeen Bay could be operational in two years, one of the companies behind the project said yesterday.
Cosalt shares more than doubled in value yesterday in a twist which could put a questionmark over chairman David Ross's chances of taking the engineering firm private.
Subsea engineering firm DeepOcean Group said today it had appointed a new chief executive to serve from February 1.
COSALT shareholders have just over two weeks to decide on chairman David Ross's takeover bid for the engineering firm as the businessman draws closer to owning the company outright.
ABERDEEN-BASED engineering firm PD&MS Energy said yesterday it would recruit up to 60 people to meet demand after winning a multimillion-pound contract.
The chairman of engineering firm Cosalt, David Ross, is poised to table a £340,000-plus offer for the company to take it off the Stock Exchange.
Peterhead engineering firm Score Group is to take an innovative valve leak-detection device to the oil and gas industry after £18.5million of funding from Lloyds Banking Group.
ENGINEERING firm Jee, which specialises in pipeline, riser and subsea work, has taken on six graduate engineers. Joining the firm are graduates Daniel McNulty, Colin Dow and Joe Leask, to be based in Aberdeen, and Thomas Bryden, Aimen Sattar and Chris Fisher, to be based in Tonbridge. Jee employs more than 50 staff worldwide, based in the UK and the Middle East and has offices in Aberdeen, London and Abu Dhabi.