OTC 2013: Flexlife set for further US expansion as demand ramps up
Flexlife is expanding into new premises in Houston.
annual turnover
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.
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.
Embrion on move after growth surge
A north-east oil and gas consultant has moved from Aberdeen to new offices at nearby Westhill after hitting its 2015 turnover target two years early.
Theon opens London office
Aberdeen-based engineering consultancy Theon has marked a successful first year in business by opening an office in London, a year ahead of schedule. Since launching in February last year, the company reports that it has completed over 100 assignments and that its annual turnover is expected to top £3million this year.
Altor expects surge in IMC business
Crisis-management specialist Altor Risk Group said yesterday it expected annual turnover at its new Aberdeen incident-management centre (IMC) to increase to £4million within 18 months.
Takeover of offshore firm complete
NBGI Private Equity has completed its acquisition of the Aberdeen and Norway operations of Cosalt Offshore in a move which saves 200 jobs.
Sharing secrets of success
Roy MacGregor, founder and executive chairman of Global Energy group, gave the annual Absoft entrepreneurship lecture at Aberdeen Business School yesterday.
Show launch pad for Harkand
Two private equity backed subsea firms, ISS and Iremis Offshore, have been merged to create a new business - Harkand Group.
Global makes iFAB latest addition to growing stable
Energy service firm Global Energy Group has agreed its second multimillion-pound acquisition in recent days after buying a fellow Highland business.
London hub to boost jobs at Jee
Subsea engineering and training firm Jee has opened an office in London as part of expansion plans.
Valve Tech ‘first of five’ planned buys
Aberdeen-based energy service company EnerMech has announced the first of five international acquisitions planned for the next six months.
Firm engineers £5m forecast for growth
Energy engineering consultant Prospect has set out plans to increase both its turnover and workforce in the next 12 months.
Global makes Asia-Pacific expansion move with Vertech buy
Scottish oil and gas contracting and service company Global Energy Group announced more expansion in the Asia-Pacific region yesterday.
ATR gets wired into deal
Global plant, lifting and tool-rental specialist ATR said yesterday it had signed a deal to supply wire and rope products to North Sea customers.
Southern North Sea boost for BIS Salamis
Aberdeen-based industrial services provider BIS Salamis said yesterday it had achieved strong growth in business in the southern North Sea (SNS), with annual turnover from the area up by 30% to £30million.
EFC seeking new recruits
Oil and gas service firm EFC Group said yesterday it planned to recruit 10 people after opening a base in Moray.
Apollo aiming high
Energy service firm Apollo Offshore Engineering said yesterday it wanted to double its workforce to 60 in three years.
Move ensures CVS has plenty room for growth
A north-east oil and gas service firm has moved into new headquarters more than 10 times the size of its previous base.
Global announces another buy – and plan to add staff
Global Energy Group yesterday announced its latest acquisition, plus plans to create another 100 jobs.
Aker to invest £4m
Oil field engineering group Aker Solutions said yesterday it would invest £4million in its UK offshore maintenance, modifications and operations (MMO) division.
Sparrows looking to lift staff numbers again to cope with demand
Aberdeen-based oil service company Sparrows said yesterday it wanted to take on a further 65 people after it increased annual turnover and profits.
Orion Group seals deal with Shell
Inverness firm Orion Group has signed a multimillion-pound deal with oil giant Shell.
ThinJack jacks up turnover
North-east firm ThinJack says it has achieved record turnover of £600,000.