‘Historic’: Union boss hails progress on ground breaking North Sea deal
A trade union boss has hailed the progress made by the oil and gas industry in its quest to create a new collective deal covering thousands of North Sea workers.
Altrad
Plans to link pay with oil prices in new deal for North Sea workers
A new deal covering thousands of North Sea workers could include a “rate adjustment mechanism” linking pay with oil and gas prices, a key figure behind the talks said.
Altrad secures hook-up gig for southern North Sea project
Industrial service group Altrad has been chosen to provide construction, hook-up and commissioning work on Premier Oil's Tolmount project in the UK North Sea.
80 jobs saved as Altrad agrees to furlough Grangemouth workers
Around 80 jobs have been saved at Altrad Services after union pressure saw the firm reinstate workers under the government’s furlough scheme.
Deal to save ‘thousands’ of North Sea jobs hammered out
A deal has been struck to protect hundreds, and potentially thousands, of North Sea jobs during the coronavirus outbreak.
Cape integration sees drop in Altrad’s pre-tax profits
French industrial services giant Altrad saw pre-tax earnings drop last year as it fully integrated UK firm Cape into its business.
Union survey highlights job insecurity for offshore contractors
A survey from the UK’s largest offshore union has found high levels of job insecurity among the contractor workforce in the North Sea.
Altrad brands acquisitions a ‘tremendous success’ as new orders secured
Industrial services firm Altrad said its half-year results showed its efforts to integrate companies acquired in recent years had been a “tremendous success”.
Union boss Molloy ‘astonished’ by Sparrows’ OCA exit plan
A trade union boss said he was “astonished” by Sparrows Group’s decision to exit the UK representative body for offshore oil and gas contractors.
Altrad hails record results, says North Sea activity to stay subdued
Altrad said today that its £332m acquisition of Cape in 2017 was the main driver of record financial results at the industrial services giant.
North Sea unions to receive revised OCA pay offer
Union officials said today that the Offshore Contractors' Association (OCA) would make a revised pay offer for North Sea workers.
Altrad building its service offering after Cape deal
Think of Cape, think of scaffolders.
Updated: Crunch talks scheduled as majority of workers vote for strike
Trade union officials and employers will hold crunch talks over offshore workers’ pay this week in a bid to avert widespread strikes in the North Sea.
Altrad taking huge strides in wake of Cape deal
Altrad said it had taken a huge "stride" towards becoming a world leader in industrial services thanks to its acquisition of Middlesex-based Cape.
Cape deal helps Altrad to record results
French construction group Altrad has posted record results, saying the performance was driven by 2017 acquisition of Cape.
UK operations key building blocks for Altrad
French construction group Altrad said yesterday its new UK operations, including offshore oil and gas business in the North Sea, were a key part of its growth strategy.
Altrad’s takeover of Cape gets UK competition watchdog’s blessing
French group Altrad said today that its takeover proposals for industrial services giant Cape has satisfied the UK competition watchdog.
Cape’s Aberdeen workforce headed for French ownership
Hundreds of Aberdeen-based workers in the offshore operations of industrial services giant Cape are poised become part of French group Altrad in September after the two firms agreed a £332million-plus takeover.
Altrad agrees £332m Cape takeover
Industrial services provider Altrad said today that it had struck a takeover deal for Cape.