Drilling services firm MRDS Group, of Aberdeen, has hired a former Clydesdale Bank area director as its new finance chief.
Drilling service firm MRDS has hired a director to spearhead its growth plans in the Middle East and North Africa (MENA).
From an oil and gas perspective, deal activity has remained subdued in Q3 2020, with the Covid-19 pandemic and severe downturn in both Brent and Shale prices still being felt by producers and service providers globally.
North-east drilling repair company MRDS has been acquired by an Aberdeen based investment firm for an undisclosed amount.
Two Aberdeen-based energy service firms have announced contracts totalling more than £22 million, as well as key new appointments amid growing confidence in the oil and gas industry.