Cape plunges on profit warning
Oil service group Cape saw its shares plunge yesterday after saying annual operating profits would be significantly below previous expectations.
Oil service group Cape saw its shares plunge yesterday after saying annual operating profits would be significantly below previous expectations.
Oil service group Technip said yesterday it had landed its second big UK deal in a week.
Ithaca Energy said yesterday it had awarded a £146million contract to oil service group Technip.
Oil service group AMEC said yesterday it continued to see healthy demand.
More than 300 people attended yesterday's first Techno Day held by oil service group Baker Hughes at Aberdeen Exhibition and Conference Centre.
OIL service group OEG Offshore has won a £290,000 deal with US drilling rig component manufacturer National Oilwell Varco (NOV).
It is about a year since John Heiton decided to put his banking days behind him and head up newly formed Offshore Containers Holdings (OCH), of Aberdeen.
OIL service group Petrofac said yesterday that, despite the severe downturn in the global economic outlook, it could report excellent growth in 2008 and was well positioned for further strong growth in 2009 and beyond.
Aberdeen oil service group C&M had debts of more than £33million when it went into administration, it emerged yesterday.