Wood Group PSN post ‘too good to turn down’
The new chief financial officer at Wood Group PSN said yesterday the business still had plenty of growth potential both at home and abroad.
professional service firm
Further evidence of investment opportunities
This latest announcement is welcome news for the UK oil and gas industry as it provides further evidence of the investment opportunities that still exist in the UK.
Oil service firms plan to expand workforces
An annual study of the UK oil service industry showed firms plan to increase their workforces by an average of 10% over the next two years.
Engineering firm appoints administrators
Troubled engineering group Cosalt announced yesterday it was in administration.
Global expansion no flight of fancy
For a family firm which started life as an idea discussed over Sunday dinner, Survivex has had a good debut year.
Fears crude slide will continue
Energy analysts fear the oil price could continue to fall this year, unless global economic conditions start to turn around.
Energy sector ‘to drive rise’ in deal-making
The north-east energy industry will drive a rise in mergers and acquisitions (M&A) activity throughout Scotland over the coming year, according to a new survey.
Seeds being sown for future alliances
Among OTC regulars from Scotland is Jock Gardiner, energy industry partner at Maven Capital Partners, who is now on his 14th trip to the show.
Fall in UK drilling activity
Drilling activity in UK waters fell by more than one-third last year, according to a report published today.
Cautious optimism over increased M&A activity
North-east dealmakers were said yesterday to be cautiously optimistic about prospects of increased merger and acquisition (M&A) activity over the next 12 months.
Investors eyeing maturing marine energy sector
INVESTMENT in marine energy is likely to step up as firms get closer to commerciality, according to banks and investment companies.
£47.5bn of decom business opening up in North Sea
A £47.5billion business opportunity is opening up for companies in decommissioning North Sea oil and gas fields, according to new research.
Energy prize still achievable – PwC
Aberdeen can reap the benefits from an extra £376billion of oil and gas revenue, given the right funding, investment, tax regime and public/private-sector collaboration in the North Sea, a new report says today.
Oil boss in line for £1billion windfall
AN ENTREPRENEUR is in line for a £1billion-plus windfall from a North Sea oil discovery.
Aim-listed energy firms ‘vulnerable to predators’
Market volatility and a resultant fall-off in share prices has left Aim-listed oil and gas firms vulnerable to takeover, according to sector specialists at Ernst and Young.
Energy group to sign long-term lease on prime city-centre site
A new office development in Aberdeen is expected to break the record for commercial rent north of the border.
North Sea ‘still attractive to investors’
Interest by oil companies in investing in UK waters shows no signs of slowing down, according to professional service firm Deloitte.
Oil company’s headquarters being put on the market
One of Aberdeen's most iconic buildings is being put up for sale after its owner went into administration.
Junior oil and gas players ‘bouncing back’
Junior players in the oil and gas industry are bouncing back after a fraught spell and benefiting from a cautious recovery in investor confidence, according to a new report.