The oil and gas industry places a high value on experience, but it is widely recognised that with an aging workforce on its books, there is a need to invest in the next generation and produce a sustainable source of workers for the future.
For a family firm which started life as an idea discussed over Sunday dinner, Survivex has had a good debut year.
Subsea 7, which is involved in seabed-to-surface engineering, construction and services to the offshore energy industry, is looking to employ more than 200 engineers across the globe.
North-east oil service company Ferguson Group said yesterday it was poised to exceed £50million annual turnover for the first time this year.
The Scottish Offshore Achievement Awards are being relaunched.
Ferguson Group said yesterday it was planning to invest nearly £75million in the business over three years, with most of the money being spent on further expansion in overseas operations.
NAUTRONIX, the Aberdeen-based designer and maker of specialised electronic systems and software for the offshore energy industry, said in its latest annual report, just released by Companies House, that it performed well in the year to June 30.
Inverurie-based Ferguson Group announced record annual profits yesterday.
CHANCELLOR Alistair Darling last night faced new demands for tax relief to head off decline in the offshore energy industry, after the government said it has had to put off offering more exploration and development licences.
The two founders of Aberdeen company, Gas and Oil Technology (GOT), have sold their stakes in a deal worth millions of pounds.