The new chief financial officer at Wood Group PSN said yesterday the business still had plenty of growth potential both at home and abroad.
professional service firm
This latest announcement is welcome news for the UK oil and gas industry as it provides further evidence of the investment opportunities that still exist in the UK.
An annual study of the UK oil service industry showed firms plan to increase their workforces by an average of 10% over the next two years.
Troubled engineering group Cosalt announced yesterday it was in administration.
For a family firm which started life as an idea discussed over Sunday dinner, Survivex has had a good debut year.
Energy analysts fear the oil price could continue to fall this year, unless global economic conditions start to turn around.
The north-east energy industry will drive a rise in mergers and acquisitions (M&A) activity throughout Scotland over the coming year, according to a new survey.
Among OTC regulars from Scotland is Jock Gardiner, energy industry partner at Maven Capital Partners, who is now on his 14th trip to the show.
Drilling activity in UK waters fell by more than one-third last year, according to a report published today.
North-east dealmakers were said yesterday to be cautiously optimistic about prospects of increased merger and acquisition (M&A) activity over the next 12 months.
INVESTMENT in marine energy is likely to step up as firms get closer to commerciality, according to banks and investment companies.
A £47.5billion business opportunity is opening up for companies in decommissioning North Sea oil and gas fields, according to new research.
Aberdeen can reap the benefits from an extra £376billion of oil and gas revenue, given the right funding, investment, tax regime and public/private-sector collaboration in the North Sea, a new report says today.
AN ENTREPRENEUR is in line for a £1billion-plus windfall from a North Sea oil discovery.
Market volatility and a resultant fall-off in share prices has left Aim-listed oil and gas firms vulnerable to takeover, according to sector specialists at Ernst and Young.
A new office development in Aberdeen is expected to break the record for commercial rent north of the border.
Interest by oil companies in investing in UK waters shows no signs of slowing down, according to professional service firm Deloitte.
One of Aberdeen's most iconic buildings is being put up for sale after its owner went into administration.
Junior players in the oil and gas industry are bouncing back after a fraught spell and benefiting from a cautious recovery in investor confidence, according to a new report.