There are signs that the oil and gas market in Aberdeen is at last beginning to pick up as the spin-off from large contract awards starts to trickle down to the smaller companies.
Troubled Aberdeen company Offshore Hydrocarbon Mapping (OHM) saw its share price slump yesterday after a gloomy trading update warned investors of further substantial losses.
A colleague in Saudi Arabia and I have begun a six-month study of world oil prices in the hope of building an economic model that will produce more accurate forecasts of future prices.
Wood Group is an icon of the North Sea success story and an Aberdeen company that blazed a trail internationally, to boot, initially led by its founder and chairman, Sir Ian Wood and now CEO Allister Langlands.
