An Aberdeen-headquartered engineering and construction firm has secured a multi-million pound deal with a North Sea operator despite industry “challenges”.
Oil service firm Global Energy Group (GEG) is celebrating the biggest deal in its history, with a value understood to exceed £100 million.
The shortlist for this year’s prestigious Oil & Gas UK Awards has been revealed today.
A pair of oil firms with major UK North Sea portfolios said they had proven their commitment to the region with a raft of new contract awards.
Aberdeen-headquartered PD&MS has announced a contract extension with Shell that will secure jobs on a number of North Sea assets.
Aberdeen-headquartered PD&MS has said it intends to increase its headcount by around 25% over the next year to support a series of recent contract wins.
A hat-trick of new contracts worth a total of £10million have created 25 jobs and put Aberdeen firm PD&MS Group into pole position in a growing market.
Oil and gas service firm PD&MS Energy (Aberdeen) has posted higher profits but a slight fall in sales in its first full-year results since its acquisition by private-equity company Inflexion.