PwC says UK oil and gas firms have £20billion investment reservoir to exploit
UK Oil & Gas firms can access a £20bn cash reservoir by tightening up working capital according to financial services giant PwC.
oilfield service companies
OTC 2013: Logistics group Asco driving ahead in region
Oil and gas logistics firm Asco Group says the Americas region is going to be a big growth area for the business going forward.
OTC 2013: Robust oilfield service sector adds to optimism
There is a real feeling of optimism at OTC this year; reflecting the extremely robust outlook for the global oilfield service market.
Acquisition trail takes Asco on Canadian buying spree
Oil and gas logistics firm Asco said yesterday it had bought three Canadian oilfield service businesses.
Scots sector’s exports worth £7.6bn – SCDI
Scottish oil and gas service firms have increased exports to £7.6billion, a new report said yesterday.
Profit downgrade at Baker Hughes
Oilfield service giant Baker Hughes said today operating profits for the first quarter of 2012 were likely to be worse than expected.
A ‘golden era’ is in the pipeline
THE next decade could be a golden era for oilfield services companies, if the oil price stays at current levels.
Talisman making good progress on UK projects
Talisman Energy said yesterday it was making good progress towards producing oil from three UK central North Sea assets.
Subsea service pair decide to stick with independence
Two oilfield service companies with a substantial presence in the north-east have pulled out of a possible merger.