ATR given £20m boost
Aberdeen firm ATR Group said yesterday it was looking to invest further in its rental fleet and fast-track plans for overseas growth after a £20million-plus equity and debt financing deal.
energy service firm
Profits up more than £4m at family-run Craig Group
Aberdeen based global shipping and energy service firm Craig Group announced a £4million-plus surge in annual profits.
Cape shares slump on warning of weak margins
Shares in energy service firm Cape slumped today after the company warned its third quarter results would be hurt by weak margins at its Aberdeen-based UK offshore division.
Craig Group subsidiary’s managing director retires
ABERDEEN shipping and energy service firm Craig Group said yesterday David Allan, who was managing director of oilfield procurement division Craig International Supplies (CIS), had retired.
New business for former owner of Buchan Technical services
Keith Findlay
Blackrock ups it’s Wood Group holdings
A global asset-management fund has upped its holdings in energy service firm Wood Group to 18.02%.
‘Momentous occasion’ for all at Aberdeen energy service giant
Workers at energy service firm Wood Group PSN marked the newly formed company's first day in business yesterday.
Subsea 7 launches renewables unit
Oil and gas industry subsea engineering and construction giant Subsea 7 has announced the launch of a renewable-energy division, based in Aberdeen.
New ERR vessel bound for Talisman installations
A NEW Craig Group vessel was introduced yesterday at Aberdeen harbour as the global shipping and energy service firm named one of the last vessels of 16 in an eight-year £130million investment programme.
Craig announces £35m of contract renewals at CIS
GLOBAL shipping and energy service firm Craig Group, of Aberdeen, said yesterday its Craig International Supplies (CIS) division had won contract renewals worth an estimated £35million over five years.
Technip celebrates pipelay vessel’s rejuvenation
TECHNIP officially named its new pipelay vessel the Apache II at a ceremony yesterday at Invergordon close to its Evanton spoolbase, where the ship will mobilise for future projects.
Senergy chief presents prizes at IADC North Sea safety awards
MORE than 350 members, associates and guests of the International Association of Drilling Contractors (IADC) gathered in the Mercure Aberdeen Ardoe House Hotel last night for the North Sea chapter's annual dinner and safety awards.
Endurance enters service in North Sea
GLOBAL shipping and energy service firm Craig Group officially handed over its latest new-build vessel yesterday to Chevron and Britannia Operator.
Contribution of oil and gas industry applauded
The contribution by the oil and gas industry to Scotland's economy was recognised at an awards event in Edinburgh last night.
Craig Group arm stretches farther into Africa
CRAIG Group of Aberdeen said yesterday it had launched Craig International Supplies (CIS) in Angola to expand its coverage of the African market.
Technip support for Wick MSc student
AN ABERDEEN University student has become the first recipient of a new scholarship awarded by energy service firm Technip.
Co-founder quits troubled Aberdeen firm
Events at troubled Sovereign Oilfield Group took a new twist yesterday, with the Aberdeen-based energy service firm announcing deputy chairman and co-founder Peter Felter had quit.
Reservoir boosts data-management arm with InfoAsset buy
North-east energy service firm Reservoir Group announced another acquisition yesterday.
Energy service company founders sell their stakes
The two founders of Aberdeen company, Gas and Oil Technology (GOT), have sold their stakes in a deal worth millions of pounds.
OTC delegates head home in buoyant mood
Scottish business people are on their way home from the US after another successful visit to the world's biggest oil show.