Wood Group secures £12m Iraq contract
Energy service giant Wood Group said yesterday it had won a £12million contract for work in Iraq, one of the world's most hostile oil-producing nations.
Expansion on cards after Axis buyout
The boss of Aberdeen company Axis Well Technology said international expansion was on the cards after a private-equity house bought a majority stake in the business.
Cheyne hails company’s ‘remarkable growth’ story
The head of Ace Winches has hailed "remarkable growth" at the north-east engineering firm after a jump in both turnover and profits.
Yard cuts first steel for Cygnus jackets
A Scottish fabrication yard has started work on a North Sea gasfield development which will create at least 165 jobs north of the border.
Geoprober appoints new boss
An Aberdeen drilling firm has appointed a new managing director.
North-east port enjoys busiest year yet – AHB
Aberdeen harbour enjoyed its busiest year yet in 2012, with record levels of ship activity and cargo, bosses said yesterday.
Harbour board pressing ahead with Nigg plan
The boss of Aberdeen Harbour Board (AHB) said yesterday the port would press ahead with proposals to expand into Nigg Bay after the Scottish Government backed the project.
Tonto rolling out barrels for Apache
Oil and gas operator Apache North Sea has started production at a new field after investing nearly £40million in the project.
Wood Group PSN post ‘too good to turn down’
The new chief financial officer at Wood Group PSN said yesterday the business still had plenty of growth potential both at home and abroad.
Lord Smith to step down as Weir head
Scottish engineering firm Weir Group said yesterday chairman Lord Smith of Kelvin would step down at the end of the year.
BP more than doubles profits
BP chief executive Bob Dudley hailed "a strong start to 2013" yesterday after the oil giant's profits more than doubled in the first quarter.
Call to be proactive on perception
A pharmaceutical expert has urged the UK oil and gas industry to learn from his industry and work to improve its reputation.
‘Serious profit warning’ from Aker Solutions
Shares in Aker Solutions crashed yesterday after the Norwegian oilfield engineering group said it had suffered a "truly disappointing" start to the year.
Bond wins EnQuest flight contract
Bond Offshore Helicopters has won a multimillion-pound deal with EnQuest to support the oil firm’s North Sea operations.
Firm’s north-east base has busy year
Marine technology firm Kongsberg Maritime said yesterday more than 1,200 people were trained at its Westhill base last year.
Petrex accelerates recruitment drive
An Aberdeen-based oil and gas consultant is planning to recruit up to 10 people before the year-end after its design and engineering division enjoyed a strong start to 2013.
Bosses told to grow their own workers
The head of north-east engineering firm Ace Winches has called on fellow business leaders to invest in youth to help to address the region’s skill shortages.
Engineer collapsed under debts of more than £70million
Cosalt collapsed with more than £70million of debt, according to documents just published by the engineering group's administrator.
Biomass partner boost
Highland biomass heat specialist HWEnergy said yesterday it had agreed a partnership which could boost sales by up to £1.5million this year.
HIE: Thousands joining region’s energy sector
North energy firms have recruited thousands of people in the past two years alone, according to figures published yesterday.
Service giant in claims talks
US energy service giant Halliburton said yesterday it was in talks to settle private claims against it in a trial to determine how blame should be shared for the 2010 Gulf of Mexico oil spill.
Safety decision lands copter firm award
Helicopter operator Bond Aviation said the actions of two of its Aberdeen workers had won it a safety accolade.
Engineer pours £3m into base expansion
Shetland engineering firm Ocean Kinetics has invested £3million in larger headquarters to deal with rising demand for its services.
First phase of disaster trial over
The first stage of the US trial over the Deepwater Horizon disaster has concluded a month earlier than expected.
New boss says service giant Wood Group ‘feels smaller’
Wood Group chief executive Bob Keiller said yesterday steps taken since he took on the top job meant the international energy service giant was on the road to becoming a world-class company.