Shares in Wood Group and its takeover target Amec Foster Wheeler (AFW) tanked yesterday after the Serious Fraud Office (SFO) formally launched a probe into alleged bribery and corruption.
One of the key-decision makers for UK monetary policy spelled out his views on interest rates during a visit to Aberdeen yesterday.
Global oil and gas industry safety, standards and workforce development organisation Opito has named John McDonald as its new chief executive.
About 200 more new jobs are being created in the UK North Sea in the latest in a string of morale boosting developments in the offshore oil and gas industry.
London Stock Exchange (LSE)’s new 1,000 Companies to Inspire Britain report celebrates the achievements of 25 Scottish firms and more than half of them are in the north and north-east.
An oil and gas services firm launched in Aberdeen just over two years ago has invested £3million in new headquarters amid plans to double the size of its workforce during the next year.
Scottish business is enjoying its longest run of expansion in nearly two-and-a-half years but Brexit is casting a dark shadow over future prospects, new studies show.
Hundreds of Aberdeen-based workers in the offshore operations of industrial services giant Cape are poised become part of French group Altrad in September after the two firms agreed a £332million-plus takeover.
North Sea helicopter operator CHC said yesterday it was in robust shape to face the future after shedding more than £230million in annual costs and slashing debt.
Scottish tidal energy specialist Nova Innovation said yesterday it was to play a leading role in a major new European project.
North-east oil service firm Ramco has netted a £4million deal to supply tubular management services to a client down under.
Expro finance chief Jean Vernet has bowed out after delivering a huge improvement in the company’s balance sheet.
Shares in Scottish temporary power firm Aggreko shares fell slightly yesterday as investors digested news of a £40million takeover of German-US business Younicos.
Oil prices rose again yesterday as the commodity underpinning the north-east economy enjoys its longest rally in more than five years.
Mariner’s job creation is a further boost for the North Sea after a flurry of recruitment announcements by the oil and gas industry.
Many employers will be aware that group income protection can be extremely effective in helping to manage long-term sickness and the associated costs.
Royal Bank of Scotland says weak sterling has delivered a boost for Scottish exporters but also warns economic growth north of the border remains “fragile”.
Business leaders are “fed up” with First Minister Nicola Sturgeon’s quest for independence and want her to get back to her day job, according to the boss of one of Scotland’s leading brands.
The Aberdeen-based Rotech group of businesses is carving out a niche for its subsea excavation business in the renewable-energy market.
Leading lights of the North Sea industry will take part in a forum timed to coincide with the launch of a new knowledge bank.
Energy service firm Bilfinger Salamis UK (BSUK) has revealed plans to create up to 300 new jobs in yet another major boost for the UK North Sea oil and gas industry.
North Sea newcomer Chrysaor plans to take on an extra 40 people across a range of business areas.
North Sea oil and gas firm Dana Petroleum made further progress towards a return to the black during 2016 as it adopted a “less risky exploration strategy”.
A north-east Scotland business development body is investing £4million in the regions's digital growth.
Scottish energy consultancy Wood Mackenzie (WoodMac) says global oil and gas exploration in mature basins remains focused on high-margin, low-cost and near-field prospects.
