Equipment Rental Specialists, First Integrated Solutions, has further augmented its expertise in the energy, drilling & marine industry with the acquisition of Aberdeen-based, North Sea Compactors, for a seven-figure sum.
A boss at First Tech said the Aberdeen-headquartered energy service group had “a lot to look forward to” in the coming years as its growth and diversification continue.
Aberdeen millionaire Ian Suttie’s First Tech was the red in 2018-19, but efforts to bolster the firm’s balance sheet and an influx of contracts have set the group up for a “bright future”.
A group of energy service firms owned by north-east tycoon Ian Suttie has brought a sense of “excitement” into 2020 after clinching deals worth around £20 million in the last six months.
Controversial north-east entrepreneur Ian Suttie has said a poor trading performance masked “significant change” at one of his businesses, just months after saying its accounts were a mess.
Oil tycoon Ian Suttie has been told his employment practices are “appalling” after his former right-hand man claimed he was sacked for asking for paternity leave.
Energy service firm First Integrated Solutions (FIS) has brought in a new operations director who boasts almost 30 years’ experience in the lifting equipment industry.
Oil and gas industry chiefs from the north-east have lauded the Offshore Northern Seas (ONS) conference in Norway as the perfect tonic at a difficult time for the sector.
First Integrated Solutions have formed a strategic partnership with Norwegian firm GS Oiltools.
The move will see both companies cooperating on lifting and inspection operations as well as ATEX rated heaters, lighting systems and hydraulic tool supply.