An Aberdeen-headquartered firm has announced the agreement of a £385,000 floatover and installation deal in partnership with Zamil Offshore.
An autonomous subsea vehicle destined for the seas of West Africa was released into the waters off Stonehaven yesterday by Acteon subsidiary firm Utec.
Subsea services company Acteon Group has reported a plunge into the red as the oil price slump of 2014/15 continued to hurt business.
An energy survey company has relocated its global headquarters to Aberdeen.
UTEC, an Aberdeen-headquartered subsidiary of subsea services group Acteon, said yesterday it had promoted chief operating officer Stuart Cameron to the role of chief executive.
Acteon Group, the parent of subsea service firms operating globally from locations including Aberdeen, took a financial pounding in 2015 and it has predicted more turnover woe this year.