Marine service group James Fisher and Sons reported strong results in its offshore oil division in 2011 helped by the North Sea and growth in new global oil provinces.
Marine service group James Fisher and Sons said yesterday its offshore oil arm was seeing an increase in customer activity on both sides of the North Sea.
James Fisher and Sons has added to its stable of north-east businesses by snapping up oil and gas service firm RigCool, of Aberdeen, and its sister business in Australia in a deal worth £4.1million.
Marine service group James Fisher and Sons yesterday reported a stable performance at its offshore oil arm, which covers several north-east subsidiaries.