Despite the problems, the chair said SDX was working on a “foundation from which to grow”. The company is considering moves into new areas, such as “transition fuels and alternative energies, to deliver long term sustainable returns to shareholders”.
Gulf Marine Services (GMS) has reached a deal with its banks to restructure its debt, three weeks ahead of schedule, pushing out maturities until June 2025.
COSALT chairman David Ross has warned shareholders that the firm faces imminent collapse if they do not accept his 0.1p-a-share offer for the business by December 20.
Aberdeen-based Offshore Hydrocarbon Mapping, which specialises in controlled-source electromagnetic imaging surveys to find oil and gas, has warned investors over its future.