Aberdeen-based energy services firm Three60 Energy has announced it will acquire fellow Scottish firms Pryme Group and Flexlife, creating a £200 million revenue business.
The offshore supply chain is crucial for the energy sector’s goal of achieving net zero, with commitment to a smooth energy transition and relevant opportunities from industry leaders vital to reach carbon neutrality, writes David Hutchinson, director with engineering and manufacturing specialist Pryme Group.
Engineering group Pryme Group said it will be able to take on larger projects after a merger.
North-east engineering and service company SengS has insisted it will “come out the other side in a relatively strong position” after a challenging year.
Pryme Group has unveiled Tyler Buchan as its new chief financial officer, filling a vacancy created by Kerrie Murray stepping up to chief executive.
The current holder of a prestigious annual award celebrating the role of women in the energy industry has been unveiled as the new chief executive of Pryme Group.
North-east engineering firm SengS said yesterday it had secured £750,000 worth of new business since the start of the year.
Dundee-based engineering firm Pryme Group has confirmed its chief executive Angus Gray has left the company.
Engineering firm Pryme Group has confirmed it has started a redundancy process at its base in Newcastle following “continued losses”.
Dundee headquartered engineering firm Pryme Group blamed a “protracted” oil and gas recovery as it recorded a multi-million pound loss last year.
Exceptional oil and gas companies and their dedicated employees were recognised at one of the industry’s most prestigious award ceremonies on Friday night.
North-east engineering firm SengS has announced the appointment of a new managing director.
Pryme Group, the parent of engineering services businesses including Aberdeenshire-based SengS, has said results for the year to March 31 2018 reflect improving market conditions.
Dundee-headquartered Pryme Group has opened a purpose built facility in North Shields after investment totalling £10 million.
Dundee-headquartered Pryme Group has secured oil and gas contracts worth more than £3.5million ahead of a new manufacturing site being opened.
A new boss has been installed at a UK oil service company which was recently acquired by Dundee manufacturer Pryme Group.
Dundee-headquartered manufacturing business Pryme Group has snapped up a UK oil field equipment company for an initial £1.1 million.
Dundee-based manufacturing services group Pryme said its sales grew more than 20% last year due to increased levels of activity in the oil and gas sector.
A Dundee headquartered manufacturing group is expanding its footprint with the creation of a new engineering services division on Tyneside.
North-east engineering services firm SengS said yesterday it had continued to build on recent momentum by winning new contracts worth £1.6million.
Scottish manufacturer Pryme Group said yesterday its new chief executive was leading an “aggressive” growth strategy aimed at transforming it into a major player across the oil and gas, defence and aerospace sectors.
A new managing director has been appointed at SengS to replace the Aberdeenshire engineering firm’s founder, Murray Kerr.
Aberdeenshire engineering firm SengS is targeting a bigger share of the North Sea market following its acquisition by Pryme Group, which was announced yesterday.
A company majority-owned by Simmons & Company International’s private equity fund has acquired Aberdeenshire firm Sengs Subsea Engineering Solutions (SengS).