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.
ITF, the oil and gas industry technology facilitator, said yesterday Petrofac and Siemens had joined the other "high profile energy players" helping its work to tackle global challenges.
ITF, the industry technology facilitator for the oil and gas industry, has revealed ambitious plans to increase its international reach with new bases in key regions including the US, Middle East and Asia-Pacific.