Wood Group PSN post ‘too good to turn down’
The new chief financial officer at Wood Group PSN said yesterday the business still had plenty of growth potential both at home and abroad.
energy service firm
Innovation award: Zenith team ‘thinks outside the box’
It is Zenith Oilfield Technology’s first innovation award after two previous wins in the international trade category in 2009 and 2011.
Westhill group in the red
North-east energy service firm SeaEnergy said yesterday it made pre-tax losses of £2.4million in 2012.
Reef Subsea Group chief executive steps down
Reef Subsea Group said last night its chief executive, Mark Preece, was stepping down by mutual agreement. The Norwegian firm added: "Mr Preece will be leaving the company immediately to pursue other interests. The board wishes him every success in his new pursuits."
Sam is just glad to be in oil and gas . . .
Sam Cavender was 16 when he decided on a career in IT, but the schoolboy from Great Yarmouth knew he really wanted a hands-on job figuring out how things worked.
SMS looking to grow Aberdeen operation
Hydraulic control system manufacturer Specialised Management Services (SMS) said yesterday it was looking to expand its operations centre in Aberdeen, after turnover rose 55% to £10million in 2012.
‘Strong performer’ R2S good buy for SeaEnergy
North-east energy service firm SeaEnergy said yesterday a recent acquisition was performing strongly and was close to signing new deals in the North Sea and internationally.
BP win worth nearly £13m a year
North-east shipping and energy service firm Craig Group said yesterday a new contract with oil giant BP was worth nearly £13million annually over three years.
Flexlife reaping benefits of surging demand for services
Flexlife has said growing demand for its subsea project and integrity-management expertise has led to a large jump in the Aberdeen company's annual turnover.
Sir Ian gifts shares to family trust
The retired chairman of Aberdeen-based Wood Group has gifted a large part of his shareholding in the energy service firm to the Wood Family Trust.
Craig maintains profitable course
Aberdeen firm Craig Group said yesterday progress in each of its divisions boosted operating profits and turnover in the year to April 30.
West Africa win for Red Spider
North-east energy service firm Red Spider said yesterday it had landed a contract in west Africa worth more than £600,000.
Subsea 7 signs £185m deal with oil giant
Offshore engineering firm Subsea 7 has signed a £185million contract extension with BP for work west of Shetland.
SeaEnergy confident of growth despite wider deficit
North-east energy service firm SeaEnergy said yesterday it was confident of growth in the coming months despite widening losses.
Red Spider completes project in west Africa
Aberdeenshire energy service firm Red Spider Technology said yesterday it had completed its first contract in west Africa using a new product.
Wife sells Wood shares
The wife of Wood Group chief executive Allister Langlands has sold 250,000 shares in the company for about £2.1million, the Aberdeen-based energy service firm said yesterday.
Senergy ‘on track’ to up Norwegian growth
Aberdeen energy service firm Senergy said yesterday it was on track for a sizeable increase in its Norwegian business.
Red Spider wins work for US gulf clients
Westhill-based energy service firm Red Spider Technology said yesterday it had won contracts worth over £190,000 from oil and gas operators in the Gulf of Mexico.
Kittiwake still going strong after new operators revive its fortunes
When the first offshore workers started producing oil on Kittiwake in 1990 they could not have expected their successors to still be on the platform more than 20 years later.
New Wood deals worth more than £12million
Aberdeen-based energy service firm Wood Group today announced a string of contracts worth a total of more than £12million.
Wood Group unit wins £61million Australia deal
Aberdeen-based energy service firm Wood Group said today one of its units had signed a £61million deal for work on the world's largest semisubmersible production facility.
Energy news in brief
£100m-plus win for firm in North Sea
Read splits into two specialists
Aberdeen-based energy service firm Read Well Services has been split into two sister companies.
Oil and gas service firm on the brink
Award-winning Aberdeen energy service firm Brinker Technology is facing liquidation after a deal to buy it fell through at the 11th hour.
Wood Group eyes up global prospects for further growth
Increased global oil and gas investment will continue to help underpin growth at energy service firm Wood Group in 2012, it said yesterday.