Ineos snaps up Swiss football club Lausanne-Sport
Energy giant Ineos has snapped up Swiss football club Lausanne-Sport for an undisclosed sum.
Oil and gas news
Total insists it operates a ‘responsible’ tax policy
French oil major Total tonight denied claims it used subsidiaries in Bermuda for tax dodge purposes.
Proserv jobs under threat
Jobs are under threat at Aberdeenshire-based energy service firm Proserv, it has emerged.
Craig Group sells off core shipping business
Family-owned Craig Group, of Aberdeen, has sold its core North Star Shipping business to international investors in a move described as “restructuring for a new era”.
Firm has Can-do attitude
Energy service company Can Group said yesterday new contracts worth more than £15million a year were helping to offset the impact of the oil and gas downturn.
Optimus suffers further losses
The Aberdeen-based Optimus group of energy service companies has suffered further losses after the closure of an office in Thailand.
Ardyne rings changes
Fledgling energy service company Ardyne, of Aberdeen, is poised to appoint a new chairman as it goes about turning early contract wins around the world into profits.
Subsea firms given leg-up
Fledgling subsea firms will discover how they can overcome common financial challenges through industry-supported and government-backed initiatives at an event in Aberdeen on Thursday, October 26.
Westhill firm to be TTF provider
International diving consultancy, DiveSource said yesterday it had been accepted as a training provider on the Transition Training Fund (TTF) scheme.
Northern stars shine on at chamber awards
A north-east entrepreneur who founded and built a successful international engineering group was posthumously honoured with a lifetime achievement award at an event attended by 600 people in Aberdeen last night.
Score hits the target with new tank in north-east Scotland
A subsidiary of north-east engineering company Score Group has unveiled a new deepwater test tank at its new facilities in Peterhead.
Reactive toasts North Sea projects worth more than £500k
Energy service firm Reactive Downhole Tools, of Aberdeen, announced yesterday it had recently completed six North Sea projects worth a total of more than £500,000.
Asco cuts losses amid competitive aggression
Oil and gas support services company Asco Group narrowed losses during 2016 despite facing “extremely aggressive” competition in the market.
Erwin Kooij: Peterson has delivered a positive performance in what continues to be a challenging time for the energy sector’
Peterson Offshore Group said yesterday its Aberdeen-based UK businesses made a major contribution to a profits during 2016.
New owner for Aberdeen-based offshore crane hire firm
Manchester firm Lifting Gear Hire (LGH) said yesterday it had acquired the Aberdeen-based hire division of JD Neuhaus (JDN), a manufacturer of hoists and crane systems for extreme environments.
SPE’s president Janeen Judah on the North Sea, electric cars and women in industry
Aberdeen is still the “unchallenged” number two to the US city of Houston in global oil and gas markets despite recent woes, a visiting industry chief said yesterday.
Total announces start-up on Edradour and Glenlivet after near £1b investment
Two more UK North Sea fields are up and running after a near-£1billion investment by operator Total.
Sanctions imposed on Petrofac boss Ayman Asfari for insider dealing
Petrofac chief executive Ayman Asfari has been fined £276,000 and had property worth more than £350,000 confiscated by Italian authorities after a ruling that he gained financial advantage from "inside" information.
No shortage of potential buyers for AFW’s UK North Sea business
Wood Group chief executive Robin Watson has said there are “credible buyers” ready to pounce on the UK North Sea business earmarked for sale as part of the firm’s £2.2billion takeover of Amec Foster Wheeler (AFW).
Lord Cullen says new resource can help stop another Piper Alpha
A new North Sea oil and gas industry databank may help to stop another Piper Alpha catastrophe happening, the man who led the inquiry into the disaster said today.
Opinion: Accountant urges firms not to ignore Norwegian tax demands
UK companies have worked in Norway for years due to its geographical proximity and links with the oil and gas industry.
Aberdeen firm AAB benefits from helping to keep workforces mobile
Anderson Anderson & Brown has reported “significant” growth within its global mobility arm following a clutch of new contract wins which are together worth in excess of £1million a year.
Judges raring to go in the 2017 Press & Journal Gold Awards
Judges will have the hard task of sorting the best from the rest as they pore over the entries for the 2017 edition of the prestigious Press & Journal Gold Awards next week.
Opito’s ‘interim’ boss takes over the reins on a more permanent basis
Global oil and gas industry safety, standards and workforce development organisation Opito has named John McDonald as its new chief executive.
Cape’s Aberdeen workforce headed for French ownership
Hundreds of Aberdeen-based workers in the offshore operations of industrial services giant Cape are poised become part of French group Altrad in September after the two firms agreed a £332million-plus takeover.