CDL bought over by US instrumentation firm
US company Teledyne Technologies has bought Aberdeen-based subsea engineering firm CDL for an undisclosed sum.
DOF secures new North Sea charter
Energy service company DOF Subsea has chartered a new multi-purpose vessel to help in North Sea operations.
AIM surge boost for oil and gas firms
Oil and gas firms listed on the alternative investment market (AIM) enjoyed a near-10% surge in value during the third quarter of 2013.
Scots trade delegation takes to Beijing to promote offshore oil industry
Scotland’s whisky, golf and oil credentials are being trumpeted during a visit to China by First Minister Alex Salmond.
Lerwick Harbour bosses look to future after oil and gas boost
Activity in the oil and gas industry – both offshore and onshore – continues to be a driving force at Lerwick harbour.
Clarksons buys offshore tool supply firm
Shipping services giant Clarksons has snapped up an Aberdeen-based maritime tool supplier in a deal potentially worth up to £12.7million.
Drilling programme sees profits soar at First Oil
Profits and turnover have soared at an oil firm owned by one of Scotland's richest entrepreneurs.
Rising star Leila given gong at Offshore Contractors Association awards night
Leading talent in the offshore industry was recognised last night as the Offshore Contractors’ Association (OCA) hosted its annual Challenge Awards dinner at the Marcliffe Hotel in Aberdeen.
Aquamarine puts Oyster wave machine back in business
Wave-energy firm Aquamarine Power said yesterday its Oyster 800 machine was back in operation after improvements over the summer.
Equity firm takes majority stake in safety firm Oteac
Private-equity firm Lonsdale Capital Partners has snapped up a majority stake in Aberdeen company Oteac.
£1billion Dana Western Isles project on track for first oil
Exclusive: Dana Petroleum’s £1billion Western Isles project is trailblazing its way to the target date for first oil, says the firm’s UK boss, Paul Griffin.
Pledge of £1.5million to boost energy industry training
More than 600 people are expected to be trained for Scotland’s buoyant energy industry, thanks to a £1.5million Scottish Government package.
Rig-sourcing unit proving worth for AGR
Oil and gas service and technology provider AGR says a unit it launched in Aberdeen earlier this year to tackle the problem of sourcing rigs in a tight global market is already proving its worth.
Massive rise in turnover for SETS
North-east company Subsea Engineering and Technical Services (SETS) said yesterday it had achieved a 160% rise in turnover during the past year.
Motive grows workforce
An Aberdeenshire marine equipment specialist is gearing up for a further expansion of its workforce after more than doubling in size over the past year.
Can Group launches new brand Venteq
Can Group, which specialises in providing engineering, integrity, inspection and maintenance solutions to the global energy industry, said yesterday it had launched a new division.
Top African honour for Craig Group division
A division of Aberdeen-based global shipping and energy service firm Craig Group was named supplier of the year at the Africa Oil and Gas Awards last night.
Wood Group snaps up former joint venture partner
Wood Group has taken full control of an Australian joint venture it launched with a partner three years ago.
Aberdeen firm lands Statoil HR deal
Statoil's plans to significantly grow its north-east oil and gas operations have led to a new contract for an Aberdeen-based human resources specialist.
Aker lands Murchison decommissioning deal
Energy service firm Aker Solutions has secured the contract for the first phase of decommissioning the Murchison platform in the North Sea.
Lockheed Martin looks to ‘supercharge’ Amor Group
US aerospace, defence, security and advanced technology giant Lockheed Martin aims to grab a bigger share of the spoils from Scotland’s buoyant oil and gas industry.
Taskforce exploring ways to spread oil and gas wealth
A new taskforce met for the first time yesterday to explore ways to spread the benefits of Scotland's buoyant oil and gas industry beyond its traditional heartland.
Ewing: Decommissioning represents £30billion opportunity for energy industry
A £30billion-plus bill for decommissioning North Sea infrastructure over the next 30 years is both a challenge and an opportunity for the oil and gas supply chain.
Cyberhawk swoops to land Marchant
Cyberhawk Innovations, which specialises in remotely operated aerial vehicles (ROAVs) used by the oil and gas industry, has appointed former SSE chief executive Ian Marchant as a non-executive director.
Safety specialists clean up by clearing the air offshore
Scottish firm Sabre Safety has grown turnover by 86% and more than doubled the size of its workforce in just three years by helping to clear the air on oil and gas installations offshore.