ADC Energy announced it has extended a contract with TotalEnergies (PAR:TTE) after the French firm agreed to push ahead with at $9 billion (£6.9bn) oil and gas development offshore Suriname.
ETZ Ltd has awarded £1.47 million in grants to ten North East Scotland firms as part of the Challenge Fund focused on driving the energy transition and creating jobs.
ADC Energy has secured a three-year contract to deliver rig integrity and inspection services to a division of Malaysian national oil company Petronas.
Energy services firm ADC Energy, of Aberdeen, is celebrating a £920,000-plus contract with an unnamed US client.
Aberdeen-headquartered ADC Energy has been awarded a third contract in Asia-Pacific (APAC) in the first quarter of this year.
ADC Energy has bagged its largest US onshore project to date to deliver rig inspection services for a major operator’s fleet in the Permian Basin.
Since early 2020, the challenges presented by Covid-19, coupled with increasing pressure to decarbonise operations, resulted in the oil and gas sector facing one of the most challenging, and transformative, periods in its history.
Bosses at ADC Energy are celebrating a hat-trick of global contract extensions estimated to be worth upwards of £5 million.
Bosses at ADC Energy, of Aberdeen, say the energy services firm's diversification strategy has "come to fruition" with its latest contract.