ITF: Universities can make technology transfer work for oil firms
Scottish universities' involvement in oil and gas technology development will ramp up once a few misconceptions are banished, an industry veteran has said.
Hydrasun
Hydrasun’s CEO cautiously optimistic about industry’s prospects
The boss of energy service company Hydrasun said yesterday he was seeing signs of a long-awaited improvement in fortunes for the beleaguered oil and gas sector.
Hydrasun to reduce headcount in Aberdeen
Hydrasun has confirmed plans to reduce its headcount by up to 97 employees. The move comes in the same week as both Technip and Dolphin Drilling revealed they were also in consultation over jobs. Hydrasun, which employs 338 people in the city, said it had entered into talks with staff. The firm has also proposed a potential pay reduction of 12% to some staff across all of its UK operations.
Hydrasun on track for continued progress, CEO says
Energy service firm Hydrasun Limited reported a healthy order book and “strong pipeline of new opportunities” in its latest annual accounts. The Aberdeen company - part of Hydrasun Group - achieved a small rise in profits to just under £17million, from £16.2million a year earlier, during the 12 months to March 31. Turnover increased by more than £20million to £120.9million.