New UK Energy Minister Michael Fallon said yesterday the government was determined to break away from the revolving-door policy that has given the north-east 14 energy ministers in 16 years.
oil service sector
Scottish entrepreneur Jim McColl said yesterday he was planning to use some of his remaining £280million war chest on further acquisitions in the oil service sector.
Aberdeen energy service company PSN said last night a report that two rivals were bidding for the business was only speculation.
THE two top bosses at international energy service provider Wood Group have shown confidence in its future prospects by spending more than £3.5million to add to their shareholdings.