Demand for AMEC’s services ‘still healthy’
Oil service group AMEC said yesterday it continued to see healthy demand.
annual turnover
Read splits into two specialists
Aberdeen-based energy service firm Read Well Services has been split into two sister companies.
SMS ‘could beat its £5m turnover target’
Aberdeen firm Sand Monitoring Services (SMS) said yesterday it wanted to increase annual turnover to £5million within three years.
New owner planning to grow Arnlea
Aberdeen businessman Mark Cavanagh has acquired Inverurie-based asset-management efficiency specialist Arnlea Systems.
Rise in North Sea work for 3Sun
ENERGY service group 3Sun said yesterday it expected to double its annual turnover to £15million by the year-end.
Global Energy sells stakes in Labtech, OEME
Global Energy Group has sold its stakes in Labtech Services and OIL Engineering Middle East (OEME) to a company in the United Arab Emirates.
Global makes foray into Australia in latest deal
GLOBAL Energy Group announced yesterday its second multimillion-pound deal in less than a week.
Gulfstream launch at Offshore Europe
Gulfstream Services International UK has launched a fully-automated wireless cement head at Offshore Europe.
Gulfstream launch at Offshore Europe
Gulfstream Services International UK has launched a fully-automated wireless cement head at Offshore Europe.
Forty jobs in the pipeline as oil service group triples earnings
ENERGY Environmental Group of Aberdeen said yesterday it had more than tripled its earnings during the past 12 months.
Lured by technology appeal
WHEN Offshore Solutions revealed this week it had recently completed a key project in the North Sea, it said the technology at the heart of it could create new opportunities for many oil and gas operators.
EFF looking to double its workforce
ABERDEENSHIRE company EFF Offshore Solutions is eyeing a £1million annual turnover by the end of next year after increases of 53.5% and 20.2% during its second and third years of trading.
Wireline Engineering focused on growth
Wireline and well-intervention technology specialist Wireline Engineering is targeting an increase in staff numbers and turnover this year.
BME appoints first MD to drive growth
ABERDEEN company BME UK has appointed a managing director to lead the business amid hopes of a doubling of turnover plus workforce expansion in the year ahead.
Amor snaps up DW Technology to enhance capability
Aberdeen company DW Technology Services has changed hands in a seven-figure deal.
Venture capitalist takes £3.2m stake in FFA
VENTURE-CAPITAL group Energy Ventures has invested £3.2million to take a minority stake in 3D seismic-data specialist Foster Findlay Associates (FFA).
Oilfield chemical specialist poised for further growth
A SMALL Scottish supplier of specialist chemicals to the oil and gas industry is aiming to achieve annual turnover of £10million-plus in the next few years.
Aberdeen launch pad for jobs growth
NORWEGIAN technology company PTC has set up its international business-development and operations headquarters in Aberdeen, creating an initial 10 jobs.
Global agrees Mansefield merger deal
Global Energy Group (GEG), announced further expansion yesterday after striking a deal with a Highland firm.
Subocean boss scoops Green Energy accolade
The managing director of Aberdeen-based Subocean Group was honoured last night for an outstanding contribution to the renewable-energy industry.
AquaTerra plans investment in new base
A ROPE-ACCESS specialist for decommissioning and integrity services revealed plans yesterday to invest nearly £3million on a new headquarters and training facilities in the north-east.
Aberdeen firm sets up US joint venture
ABERDEEN firm Walker Technical, which specialises in composite pipe repairs for the oil and gas industry, said yesterday it was to enter the American market for the first time through a joint venture with Louisiana-based Fairwinds International.
More than 50 parties show interest in Stable
More than 50 parties have already expressed an interest in buying a fast-expanding Aberdeen oil field products firm which went into administration this week.
£1.5m poured into Argon’s expansion
ABERDEEN company Argon Isotank has invested £1.5million in new premises and equipment in the Altens area of the city.
Innovative north-east engineer picks up top Scottish award
A north-east oil service company set up just over two years ago was among the winners at last night's 2009 National Business Awards for Scotland.