Abbot Group founder Alasdair Locke poised to cash in on Argenta sale
One of Scotland’s wealthiest businessmen, Alasdair Locke, is boosting his fortune through the £142.5million sale of financial services company Argenta.
KCA Deutag
KCA Deutag safeguards 300 jobs with Russian deal extension
KCA Deutag has secured 300 jobs after winning a contract extension for work offshore Russia.
KCA Deutag recruits 300 staff for North Sea jobs
KCA Deutag has filled 300 North Sea jobs after a recruitment drive earlier this year.
KCA Deutag records “relatively strong” 2015, despite North Sea customers curbing activity
Scottish oil and gas drilling giant KCA Deutag has reported a “relatively strong” financial performance, compared to many industry peers, despite some UK North Sea customers shutting down platform activities.
KCA Deutag sells last jack-up drilling unit in fleet
KCA Deutag said it has sold its jack-up drilling unit for an undisclosed sum to an intergrated energy and services company.
Trio of contractors win Statoil work worth $600m
Norwegian operator Statoil has extended contracts worth $600million to a number of companies including KCA Deutag, Archer and Odfjell.
KCA Deutag looks to recruit 300 staff in Norway
KCA Deutag said it has begun a recruitment process for operational staff in Norway.
KCA Deutag sells Ben Loyal jack-up
KCA Deutag has sold its jack-up drilling unit, Ben Loyal, to Advanced Energy Systems for an undisclosed sum.
KCA wins $1billion of BP work
Oil major BP has awarded two contracts to KCA Deutag worth $1billion.
KCA Deutag confirms 69 jobs at risk on EnQuest platforms
KCA Deutag has confirmed that 69 jobs are at risk on its EnQuest operations.
KCA Deutag to make more than 200 North Sea redundancies
KCA Deutag has announced plans to cut up to 230 jobs in Aberdeen as it grapples with a slowdown in North Sea drilling. Overall the drilling contractor said 500 jobs across its business spanning 20 countries were “at risk”, while it would also cut staff wages by 5% across the board. The company employs 10,000 worldwide and 1,200 in its North Sea offshore business. Revealing the plans to staff at its Altens base this afternoon, the firm said it would launch a consultation on its plan to cut 30 office jobs and 200 offshore roles after two of its North Sea clients “pause drilling operations”.