New vessels secure work
Craig Group said at OTC yesterday that a £35million investment in four new vessels had already secured multimillion-pound contracts for the Aberdeen global shipping and energy service company.
Craig Group said at OTC yesterday that a £35million investment in four new vessels had already secured multimillion-pound contracts for the Aberdeen global shipping and energy service company.
As we're at OTC, it's the time of the year to reflect on the outlook for UK/US cross-border transactions.
AMEC, the international engineering and project-management company, has landed a deal believed to be worth tens of millions of pounds with oil giant BP in the Gulf of Mexico.
Two top bankers from Royal Bank of Scotland are at OTC.
Aberdeen commercial-law firm Paull & Williamsons has a team of five at OTC.
Hydrasun, which provides integrated fluid-transfer, power and control services to the global energy market, yesterday said there had been a surge in demand for its umbilicals products.
Mechanical engineering group EnerMech revealed yesterday it had allocated more than £40million for expansion in the US, as it sought to replicate big growth in Europe and the eastern hemisphere.
For many the OTC week starts in earnest with the Simmons cocktail party. This is a 40 year tradition that the firm works hard at preserving by making sure that those attending are real influencers and decision makers.
Aberdeen oil and gas technology firm Petrotechnics yesterday announced the launch of Proscient, its operational-performance and predictive-risk software platform.
Asco, the world's largest oil and gas logistics company based in Aberdeen, has landed a contract to manage logistics and freight for the Marine Well Containment Company (MWCC) in Houston.
Decom North Sea (DNS), the offshore oil and gas decommissioning forum, will be promoting the concept of decommissioning as an integral part of the overall life cycle of an asset at an event during OTC.
Making their second trip to OTC are two directors from Scottish financial-planning business Carbon Financial Partners.
The big names in Scotland's oil and gas business are in the US city of Houston this week for the world's top industry show.
The oil and gas team in Barclays Corporate Banking division revealed it had been involved in deals providing funding for acquisitions and exploration and production amounting to almost £220million in the first quarter of this year.
Aberdeen-based Expro is holding technical presentations at its booth at the show.
ITF, the industry technology facilitator for the global oil and gas industry, is to launch a cluster group for the US focusing solely on solving major technology challenges which are hampering exploration and production.
Professor Richard Laing, from Aberdeen's Robert Gordon University is currently in Houston for the World Energy Cities Partnership (WECP) conference.
From the moment north-east business men and women arrived at Aberdeen Airport to head off to OTC, the positive vibe and buzz hit them and that upbeat mood will increase as this week goes on.
Design and engineering business PD&MS Energy is highlighting its capabilities at the show.
Business people from across the world are travelling to the US for the annual OTC meeting - the world's most important oil and gas show, being held in Houston from April 30-May 3.
Preparations for the largest oil and gas show in the world are well under way, with Scottish firms showing a high level of interest in joining the annual trip to the Offshore Technology Conference in the US.
One of the biggest energy events in Scandinavia - Offshore Northern Seas (ONS), the sister event to Offshore Europe - takes place this year.
OFFSHORE Europe (OE) 2011 broke records in the air, it emerged yesterday.
Another successful Offshore Europe oil show drew to a close in Aberdeen today.
Gulfstream Services International UK has launched a fully-automated wireless cement head at Offshore Europe.