International equipment specialist ATR has won a contract with Apache to deliver technology for onshore and offshore operations in the UK North Sea, worth an initial £2.25million.
North-east businessman Alasdair Locke is to be non-executive chairman of Hardy Oil and Gas.
MULTIMILLIONAIRE David Ross is the third generation of his family to have an interest in Cosalt.
COSALT shareholders have just over two weeks to decide on chairman David Ross's takeover bid for the engineering firm as the businessman draws closer to owning the company outright.
SHAREHOLDERS in Scottish oil exploration and production firm Cairn Energy will share more than £2billion after the long delayed sale of a controlling interest in the firm's Indian subsidiary was finally completed.
TROUBLED engineering firm Cosalt said yesterday it had received a £5million loan from David Ross to keep it afloat while shareholders considered the non-executive chairman's takeover offer.
The imminent threat to 250 Aberdeen jobs at troubled engineering firm Cosalt has been lifted after the company's potential new owner said operations would continue for at least another three weeks.
Energy service group Hunting said yesterday executive chairman Richard Hunting had become non-executive chairman with immediate effect.
Dr George Watkins CBE has joined the board of Xtract Energy as its non-executive chairman.