Greece has pledged to reform its gas market in a 13-page set of proposals handed over to its European creditors. The country also said it would open restricted professions including engineers, notaries and court bailiffs. Yesterday, Greece revealed plans for a £2billion gas project with Russia.
Autumn 2012 marked the launch of R Stahl Aberdeen, a new stock and assembly facility designed to serve the company's existing local distributor network and to act as a catalyst to regional growth.
Kongsberg Oil & Gas Technologies of Norway has agreed to acquire 100% of the shares in Apply Nemo, an independent supplier of advanced engineering services, products, and solutions for subsea oil and gas applications.
GL Noble Denton has expanded its safety and risk services to the Norwegian oil and gas market through a new strategic partnership with Stavanger-based consultancy, XAFE.
Aberdeen company Flexlife said yesterday it had completed onshore and offshore trials of its Armadillo technology for Petrobras Brasil with local operational partner Oceanica Diving Services.
Aberdeen company Subocean is preparing to set up a satellite office in Germany in a bid to capture lucrative contracts with offshore wind developers on that side of the North Sea.
EGYPT is setting up an "independent" agency in a bid to make the North African state's hydrocarbons exploration and production more competitive in order to attract more foreign players.
OIL service company Baker Hughes has told 85 Aberdeen employees that they are being made redundant, it was claimed yesterday.