Dril-Quip, an oilfield services firm which achieved notoriety in north-east Scotland during the height of the Covid pandemic, is to be combined with fellow firm Innovex.
Further job cuts are planned at oilfield equipment firm Dril-Quip in Aberdeen as it moves manufacturing work out of the region, Energy Voice understands.
US oilfield equipment firm Dril-Quip could be poised to make scores of Aberdeen staff members redundant in response to the crude price slump and Covid-19 pandemic.
Dril-Quip has been awarded a contract worth $40million to supply subsea drilling and production equipment to Kangean Energy Indonesia for the development of the development of a gas fields project offshore Indonesia.