With the countdown started for development drilling by the end of this year, Paul Griffin, Managing director of Dana UK, talks about how the firm’s largest project is vital to its growth plans. The £989million Western Isles project is made up of the Harris and Barra fields in the northern North Sea.
Aberdeen-based oil service company Sparrows is planning further expansion following a change of ownership in a deal understood to be worth more than £150million.
Energy service business ROVOP said yesterday it had received more than £3million of funding to move into international markets.
Maersk Training officially opened its new emergency-response training ground yesterday at Portlethen, near Aberdeen.
Energy services firm Aker Solutions said today it had missed financial targets this year but that growth plans remained on track.
Oil service firm Cyclotech, which has an operation in Aberdeen, has been sold in a deal understood to be worth around £20million.
North-east oil service company Aker Qserv sees Houston as a key centre from which to expand its international development.
Next year is expected to bring another period of uncertainty for smaller oil and gas firms operating in the UK North Sea.