North Sea oil technology investor feels ‘positive vibes’
A private equity investor in oil and gas technology firms has said there is a lot of “fear and uncertainty” in the mergers and acquisitions market.
EV Private Equity
Growth phase for firm after Westhill office move
Norwegian production solutions firm FourPhase has relocated its north-east Scotland operation to a new office in Westhill, near Aberdeen.
Motive Offshore targetting growth after multimillion-pound investment
North-east firm Motive Offshore said yesterday it was targeting “ambitious” growth after a multimillion-pound private equity investment.
Peterhead firm IOS comes under new ownership
A north-east oilfield services business is targeting further growth after coming under Norwegian ownership.
Halfwave to wield acoustic inspection gear in Australia
Norwegian pipeline inspector Halfwave will wield its acoustic resonance technology (ART) in Australia.
Rallying North Sea focus of equity firm
EV Private Equity (EVPE) said yesterday it was planning “several more” investments in North Sea oil and gas technology during the coming year.
Deep Casing Tools nets £2.25m Middle East deal, hires new regional manager
An Aberdeen-headquartered oil field technology firm has won a new contract worth about £2.25 million to supply equipment to an unspecified operator in Saudi Arabia.
Deep Casing Tools wins £3.75m injection
An Aberdeen-headquartered oil field technology firm has been “re-energised” after securing fresh investment worth more than £3.75 million from a private equity firm.
Aquaterra Energy looks to expansion with new financial director
Norwich-based Aquaterra Energy has announced the appointment of Nick Hawkes as its new financial director.
Aquaterra Energy gets major cash boost
EV Private Equity has dipped into its North Sea kitty for the first time since it unveiled plans to invest more than £150million in the region.