Energy industry analyst Andrew Reid said he was leaving consultancy Westwood Global Energy Group (WGEG) in “exceptionally good shape” after confirming his time as chief executive had ended.
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A Subsea UK event in Aberdeen next week is aimed at helping companies finance their growth ambitions.
A new cost-reducing, first of its kind well abandonment tool developed by Aberdeen-headquartered Deep Casing Tools has gone from concept to offshore trial with Equinor in just nine months.
A private equity investor in oil and gas technology firms has said there is a lot of “fear and uncertainty” in the mergers and acquisitions market.
Norwegian production solutions firm FourPhase has relocated its north-east Scotland operation to a new office in Westhill, near Aberdeen.
North-east firm Motive Offshore said yesterday it was targeting “ambitious” growth after a multimillion-pound private equity investment.
A north-east oilfield services business is targeting further growth after coming under Norwegian ownership.
Norwegian pipeline inspector Halfwave will wield its acoustic resonance technology (ART) in Australia.
EV Private Equity (EVPE) said yesterday it was planning “several more” investments in North Sea oil and gas technology during the coming year.
An Aberdeen-headquartered oil field technology firm has won a new contract worth about £2.25 million to supply equipment to an unspecified operator in Saudi Arabia.
An Aberdeen-headquartered oil field technology firm has been “re-energised” after securing fresh investment worth more than £3.75 million from a private equity firm.
Norwich-based Aquaterra Energy has announced the appointment of Nick Hawkes as its new financial director.
EV Private Equity has dipped into its North Sea kitty for the first time since it unveiled plans to invest more than £150million in the region.