Salmond opens Proserv’s specialist subsea test centre
Proserv, a specialist in energy production technology services, launched its new subsea test and assembly centre near Echt, in Aberdeenshire, yesterday.
A good day for Coretrax Technology
Aberdeen oilfield service firm Coretrax Technology said yesterday it had won more than £1.2million of contracts since the start of the year and expanded its team to 12 people. Coretrax specialises in services to the completion, cementing, abandonment and wellbore-cleanup sectors in the North Sea and worldwide.
Flexlife takes far view with change at top
Flexlife, an oil and gas industry specialist in subsea project and integrity management, today announced a restructuring of its executive team which it says will position the business for further major global growth.
Drummond is top industrialist
The chief executive of Hydrasun, Bob Drummond, was named the 35th Grampian Industrialist of the Year last night.
Expansion of hubs completed
Oil service firm Peterson SBS has completed expansion at its upstream oil and gas logistics hubs at Edzell and at Altens, in Aberdeen.
Ithaca Energy lifted by growing takeover interest
Shares in North Sea oil firm Ithaca Energy jumped through the £2 mark yesterday after it revealed it had received unsolicited interest in the business from a number of third parties.
Tullow Oil top in UK ranking
Tullow Oil has once again been named the top UK upstream independent oil company.
Hopes high for decom relief deal
Confidence is building that the UK Government will agree a solution to long-running concerns over oil and gas infrastructure decommissioning costs, an industry conference heard yesterday.
Fast-growing Zenith changes hands in deal worth £80m
North-east company Zenith Oilfield Technology has been bought by Lufkin Industries Holdings UK in a deal worth about £80million.
EnerMech secures Apache contract
EnerMech said yesterday it had been awarded a £6.6million contract by Apache North Sea to supply and instal four new blowout preventer handling cranes on the Forties Alpha, Bravo, Charlie and Delta platforms.
Bond adding 16 helicopters in deal ‘worth up to £300m’
British helicopter operator Bond Aviation Group is to buy 16 Sikorsky S-92 aircraft in a deal understood to be worth up to £300million.
Contract awards boost data specialist
Aberdeen-based integrated production data service specialist Aventa Systems said yesterday it had enjoyed a good start to 2012 with two significant contract wins.
Innovation ‘crucial’ to driving advances in artificial-lift sector
Innovation was a key focus at this year's European Artificial Lift Forum, which drew to a close yesterday.
OGUK chief to open Aset academy
The chief executive of Oil and Gas UK, Malcolm Webb, will open the new Aset International Oil and Gas Training Academy on Wednesday, March 7, which has relocated to Aberdeen College's Altens Centre.
Shell signs up Wood for further two years
Wood Group, of Aberdeen, announced a £75million deal yesterday with oil giant Shell which will keep more than 350 people in work.
Region to fore at show
Aberdeen City and Shire will underline its commitment to the industry later this year with its largest showcase of renewable-energy businesses at the All-Energy show.
A good day for: Xodus Group
International energy consultant Xodus Group has created a new chief technology officer role to lead its integration of surface and subsurface services.
Red Spider appoints agent to weave a web into west Africa
Oil and gas industry specialist technology firm Red Spider has appointed an agent in west Africa to support its expansion in the region.
Apache completes deal
Oil and gas firm Apache North Sea (ANS) last month completed its acquisition of the assets of Mobil North Sea, including the Beryl field, from ExxonMobil.
Aiming to double
International oil and gas logistics company Asco was sold in November to private equity firm Doughty Hanson in a deal believed to be worth up to £250million.
All change at Wood Group
Last year saw the biggest changes at Aberdeen energy service giant Wood Group in its 40-year-plus history.
Global Energy a key player in marketplace
Global Energy Group had a busy 2011, with its most significant investment being the purchase of the 238-acre Nigg yard, harbouring the largest dry dock in Europe and extensive fabrication facilities.
Activity on the up
Last year was quieter than recent years for mergers and acquisitions activity in the Scottish market, though there was heightened activity in the last three months of 2011.
Acquisition helps firm’s plan to become industry leader
Energy service firm 3sun Group has hailed a deal for control of an Oban-based windfarm engineering business as helping it on the road to global success.
Deck-machinery specialist completes £4.2m contract
Aberdeenshire-based deck-machinery specialist Ace Winches said yesterday it had completed its largest export contract.