Harland and Wolff to go into administration
Belfast shipbuilder Harland and Wolff (AIM:HARL) has announced the business is set to move into administration.
administration
Workers left thousands short as OEM Group Scotland goes into administration
Aberdeen-based oilfield services firm OEM Group Scotland has let go of many of its employees as it goes into administration.
North Sea operator IOG to enter administration
IOG (AIM: IOG) will be placed into administration as the troubled North Sea operator is overcome with debt and operational issues.
Aberdeenshire oilfield services firm goes bust – with 29 jobs axed
Ramco Tubular Services (RTS) has collapsed into administration, with all 29 workers at its headquarters in Portlethen, near Aberdeen, made redundant.
Australian contractor Clough’s collapse leaves more than $8bn of projects in limbo
More than $8 billion worth of gas, power, rail and mining projects across Australia, Mongolia and Papua New Guinea (PNG) face delays following the collapse of engineering company Clough on Monday.
Collapsed Aberdeen firm N-Sea owed nearly £300K by EnQuest
Subsea services firm N-Sea was owed nearly £300,000 by EnQuest when its Aberdeen operation collapsed last year.
Dozens of jobs at risk as N-Sea closes Aberdeen operation
Dozens of jobs are at risk as subsea services firm N-Sea wraps up its Aberdeen operation.
Updated: Infrastrata buys Bifab Methil and Arnish yards in £850,000 deal
Infrastrata has announced the acquisition of the Methil and Arnish yards of the collapsed Scottish manufacturer Burntisland Fabrication (Bifab).
Aberdeen energy recruitment firm ‘forced into administration’
An Aberdeen energy recruitment firm has announced it has been forced into administration after it was unable to recover fees due from a major client.
Scottish wind turbine haulage firm goes into administration
Twenty-one people have been made redundant after a wind turbine haulage business went into administration due to “severe operational and financial problems”.
Paragon Offshore targets bankruptcy exit in July
Drilling provider Paragon Offshore hopes to exit Chapter 11 bankruptcy in July, after filing an application for administration in the UK.
Harkand: An ambitious company scuppered by oil crash
Harkand was launched in 2013 with the aim of becoming a major global player in the Inspection Repair and Maintenance sector by 2018, but instead it has become the latest victim of the devastating downturn in oil and gas activity.
Harkand goes bust with loss of 171 jobs – 98 in Aberdeen
Harkand Group, the oilfield services and inspection repair and maintenance (IRM) company has gone bust with the loss of 171 jobs in London and Aberdeen.
Rovop makes loss after after Ceona collapse
An Aberdeen-based remote operated vehicle (ROV) specialist has booked a £3.8million hit to its bottom line after its major customer Ceona went into administration last year.