Weir makes £200m move for Aussie target
Scottish engineering firm Weir Group said yesterday it had made a £200million takeover approach for an Australian mining equipment company.
Explosive growth at Spex
Aberdeen-based explosives specialist Spex Services said yesterday it expected a strong performance this year after a jump in turnover.
Work could start ‘next year’
An offshore windfarm and test centre in Aberdeen Bay could be operational in two years, one of the companies behind the project said yesterday.
Buy boosts Atkins in offshore marketplace
Design and engineering consultant WS Atkins said yesterday its energy business had been buoyant lately.
Bid to block Ross’s plan
Cosalt shareholders who oppose chairman David Ross's plan to take the company private claim they are close to being able to block the move.
£80m north windfarm build on track
Developers behind an £80million Highland windfarm said yesterday they expected it to be operational next year.
Surge in value of Cosalt shares
Cosalt shares more than doubled in value yesterday in a twist which could put a questionmark over chairman David Ross's chances of taking the engineering firm private.
Stork picks up £10m inspection deal in Africa
Energy service firm Stork Technical Services said yesterday it had won a £10million contract offshore west Africa.
Aberdeen consultant wins Iona deal
Aberdeen oil and gas consultant ADIL has won a £500,000 deal with Iona Energy to provide management support on the development of a North Sea field.
Axis opens satellite office
Aberdeen company Axis Well Technology said yesterday it had opened a new office at nearby Westhill to accommodate its growth.
Heat firm pumps up the volume
Scottish biomass heat specialist HWEnergy has predicted a jump in turnover this year thanks to the rising price of oil and a government subsidy scheme.
Helius’s biomass plant on course for 2013 start
Helius Energy said yesterday it was on track to start operations at its biomass processing plant at Rothes next year.
Share options
Nautical Petroleum said yesterday it had granted 632,500 share options to its directors including 150,000 to chief executive Stephen Jenkins.
Aker signs offshore Ghana deal
Aker Solutions has signed a three-year frame agreement worth about £2.5million annually with Tullow Ghana to provide well intervention services for the oil company's offshore Jubilee and Tano deepwater fields.
Xcite renegotiates Bentley drilling contract
Aberdeen-based oil explorer Xcite Energy said today it had made changes to a drilling contract with British American Offshore for work at the Bentley field.
Offshore projects’ delays hit CHC Scotia
North Sea helicopter operator CHC Scotia said yesterday that it had been hit by delays to oil and gas projects.
Xodus chairman to oversee growth
International energy consultant Xodus Group said yesterday it had appointed its first executive chairman to oversee a period of rapid growth.
Shell: Not the best of years in the North Sea
Shell had a turbulent 12 months in the North Sea last year.
Cosalt investors set to vote
Cosalt shareholders are expected to meet soon to decide the company's future.
Bentley oil ‘five months away’
Oil explorer Xcite Energy said yesterday it planned to start production at the Bentley field in the North Sea within five months.
Separation would weaken investment
The UK's energy minister has said the country's oil and gas industry would be more certain about health and safety and investment if Scotland remained in the Union.
Food waste recycling firm set for move into Highlands
A north-east recycling firm is preparing to move into the Highlands due to the introduction of new food waste rules for Scottish businesses.
Industry unites against EU plans for North Sea safety
Oil and gas firms and their workers united against EU plans to seize regulatory control of the North Sea industry yesterday and warned it could damage the UK's safety regime.
Judge rules against major
A US federal judge said yesterday that energy service giant Halliburton was not liable for some pollution claims from the Deepwater Horizon disaster in 2010.
Glacier’s turnover climbs steeply
Glacier Energy Services said yesterday it expected to record turnover growth of 25% in the current year.