Oil and gas investment fund secures £50m
Oil and gas service investment fund Epi-V has secured £50million of capital from mid-market private equity firm LDC, taking the total amount raised by the team to £110million.
gas service companies
Unconventional gas ‘a game changer’
The UK is in a strong position to benefit from potential growth in the unconventional-gas sector, according to former BP chief executive Lord Browne.
Torque expert forecasts record turnover
NORTH-EAST company AMC Engineering says it is on track to report record turnover for its current trading year.
Whither the oil&gas supply chain?
I have not long picked my way through the report, Scottish Offshore Wind: Creating an Industry, commissioned by Scottish Renewables with the Industrial Power Association. It paints four scenarios for Scottish offshore wind - from a vigorous offshore wind industry, supported by a robust supply chain that involves the oil&gas capability, to failure to capitalise on the opportunity, with all that implies.
Trip to Norway hailed as a success
Scottish oil and gas service companies have celebrated their successful trip to Norway for a record-breaking Offshore Northern Seas (ONS) show.
DECC’s rock-store lunacy
The row between British Geological Survey, academics and PESGB (Petroleum Exploration Society of Great Britain) over relocation of the rock core store in Edinburgh to the English Midlands is becoming increasingly bitter.
Aberdeen firm secures Subsea 7 deal
ABERDEEN fastener distributor Grampian Fasteners has landed an 18-month contract valued at about £200,000 with subsea engineering and construction firm Subsea 7.
Private equity still active player in energy sector
A SIGNIFICANT shift in the credit and equity markets is increasingly becoming an issue affecting certain elements of the Norwegian oil and gas markets.