Scottish engineer Weir Group said yesterday that against the background of an uncertain economic recovery, it had once again delivered an excellent set of results with all divisions recording profits and improved margins.
Annual profits at international energy logistics specialist Asco Group have been hit by the impact of a warehouse fire in the US.
Aker Solutions was upbeat about its future prospects yesterday as it posted an 11% lift in quarterly profits.
Aberdeen oil and gas firm Dana Petroleum posted a 71% fall in annual profits yesterday after a £48.3million writedown from unsuccessful exploration and evaluation activity.
Scottish engineer Weir Group said yesterday the immediate outlook for its upstream energy business was brighter than a year ago.
PETROFAC, the global oil and gas engineering and facility-management group, reports its annual results on Monday with revenue expected to be about £2.31billion and pre-tax profits £260-£270million.
GLOBAL Energy (Holdings), which has main offices in Aberdeen and Inverness, posted sharply increased sales and profits in the year to March 27, 2009.
HUNTING, the international energy service company, said yesterday it had sold its Hunting Energy France (HEF) operations to Finergy, a new company established by a group of French investors including two directors of HEF.
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.
ITS Tubular Services (Holdings) says that economic conditions and the fall in available credit facilities have had a major impact on operators' capital investment programmes.
Inverurie-based Ferguson Group announced record annual profits yesterday.
Danish container-shipping, oil and gas, tanker and retail giant AP Moller-Maersk said yesterday the economic crisis had a severe negative impact on its business in the first half of 2009.
Aberdeen-based Xodus has reported "phenomenal" growth in its past financial year.
Scottish oil and gas operator Bowleven said yesterday a suitor was now carrying out financial checks on the firm following a takeover approach.
North-east subsidiaries of James Fisher and Sons made a large contribution to a 26% surge in annual profits, the marine service firm said yesterday.
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.
International energy service company Wood Group revealed yesterday that pre-tax profits for last year surged by 48% to £274.3million.
ABERDEEN firm Nautronix, which designs and makes electronic marine technology products for the oil and gas industry, increased its payroll by 16% to 71 in the year to June 30, 2008, and it is on target to add a further 10 to its workforce in the current year, its managing director Mark Patterson said yesterday.
North-east oil service company Qserv said yesterday it was on target to increase its worldwide workforce to 700 by the end of the decade.
VROON Offshore Services (VOS) says it is well placed to capitalise on its market position.
Hallin Marine said yesterday oil and gas producers were continuing to push forward with offshore construction projects and drilling activity remained at a record high.
Oil and gas operator BG Group revealed yesterday that pre-tax profits for the past quarter had nearly doubled to more than £1.3billion.
Well management company AGR Petroleum Services has bought Aberdeen's TRACS International Consultancy in a deal worth £20million.