Expansion on cards after Axis buyout
The boss of Aberdeen company Axis Well Technology said international expansion was on the cards after a private-equity house bought a majority stake in the business.
international expansion
BP among biggest Footsie risers after strong results
A downbeat FTSE 100 Index was dragged lower today by more eurozone economic gloom.
Aberdeen firm looking to double by 2015
Fast-growing service business Aquatic Engineering and Construction said yesterday it wanted to double annual turnover to £60million by 2015.
Archer adds Aberdeen business X-it
Global oilfield service provider Archer yesterday announced the acquisition of an Aberdeen company.
Ferguson announces promotions to board
Ferguson Group, a specialist in the rental of containers and modules to the global offshore energy sector, has promoted the chairmen of two of its subsidiaries to its main board.
EnerMech ups turnover target
FAST-GROWING oil and gas service firm EnerMech has raised its annual turnover target for 2010 to £65million.
Ferguson finds ‘ideal location’ for headquarters at Kintore
Ferguson Group, a supplier of accommodation modules and containers for the energy industry worldwide, is to move its headquarters from Inverurie to nearby Kintore.
Prospect announces plans to double workforce
PROSPECT, an Aberdeen-based subsidiary of subsea service firm Hallin Marine, said yesterday it was poised to grow its workforce from 50 to about 100 employees within two years.
Bristow’s Burman remains bullish
Bristow Helicopters has been around forever in the North Sea. Indeed, the group's Europe division is by far the largest of five geographic units. With a turnover of about $800million, it accounts for 70% of group revenues and more than 70% of profits.