Marine equipment fabrication and rental specialist Motive Offshore Group has hired a new chief financial officer as it targets annual earnings of £20 million by 2024.
Work is being carried out to remove “attic oil” from the Brent Bravo installation - which has been the subject of widespread environmental concerns - after Shell estimated none was there.
North-east firm Enpro Subsea was crowned company of the year at Subsea UK’s annual awards in Aberdeen last night.
EV Private Equity (EVPE) plans to reap the rewards of its investment in the oil and gas sector through a number of sales later this year.
A firm is hoping to use its spot at this year’s Offshore Technology Conference (OTC) to boost sales and almost double its workforce.
Oil giant BP and north-east firm Enpro Subsea have announced a new global framework agreement.
Oil and gas subsea specialist Enpro Subsea has announced it is adding to its South American team in an effort to expand it's Brazilian portfolio.
Oil production efficiency firm Enpro Subsea has announced a new non-executive director has joined the board of the Westhill-based company.
EV Private Equity (EVPE) said yesterday it was planning “several more” investments in North Sea oil and gas technology during the coming year.
The chairman and managing director of Aberdeen-based Balmoral Group, Jim Milne, is an enthusiastic veteran of the annual pilgrimage to OTC.
Plans to develop a major subsea test and demonstration facility and increase investment in technology were unveiled by Scottish Government in Aberdeen yesterday.
Enpro Subsea is focused on a £1.5million research and development project to deliver “simpler, faster subsea fields”.
Enpro Subsea has bucked the trend growing from a small company of just five employees to 30 staff in just three years.