Ramco clinches contracts worth £35m
North-east oil service firm Ramco said today it had clinched four contracts worth more than £35million.
SeaEnergy
Tech Tuesday: R2S launches latest version of visualisation system
An Aberdeen-based technology firm will launch the latest version of its visualisation system today at the SPE Intelligent Energy conference.
The end of the road for SeaEnergy
Administration and a near-£2million disposal of its most valuable asset, Return to Scene (R2S), have brought the curtain down on north-east company SeaEnergy.
SeaEnergy founder “devastated”
The founder of SeaEnergy, Steve Remp, said the group’s demise was a “sad day” for everyone who has been involved with it over the years.
Lansdowne seeks to raise essential funds through shares issue
Lansdowne Oil and Gas has called a meeting of shareholders giving them the opportunity to vote on the company's proposals to raise "essential" funds by issuing 350 million shares, devaluing the company in the process.
SeaEnergy locks in with preferred bidder for its R2S business, after shares suspended
SeaEnergy today confirmed it had entered into an agreement with a preferred bidder for its Return to Scene Business (R2S) in a bid to pay off its debts.
SeaEnergy shares suspended as it takes insolvency advice
Offshore energy services company SeaEnergy has suspended trading in its shares while it takes advice from insolvency practitioners after it revealed it will not be able to complete a sale of its Return to Scene business.
US oilman “saddened” by SeaEnergy plight as shares tumble
US oilman Stephen Remp said yesterday he was “deeply saddened” by the plight of SeaEnergy, the troubled north-east firm he used to lead. He was speaking after the Westhill-based energy service company announced plans to sell its 3D visualisation business, a move that sent its shares tumbling 45%. SeaEnergy said it was already in talks with a number of potential buyers for Return to Scene (R2S), which it bought for £5million in 2012.
SeaEnergy moves into acquisition talks
SeaEnergy said its board has entered into discussions with a number of parties for acquisition of its R2S Visual Asset Management business as well as other group assets.
SeaEnergy helps put cancer charity Clan in the picture
A technology usually used to capture images on board oil platforms and crime scenes has been put to use to help north-east Scotland charity Clan Cancer Support.
SeaEnergy thrown financial lifeline as it relinquishes ship business
SeaEnergy has been thrown a financial lifeline after today confirming plans to exit the shipping the business.
Picture gallery: R2S image capture technology like Street View for oil rigs
The Aberdeen company at the forefront of creating visual mapping of oil and gas installations has been likened to a creating version Google's Street View for oil rigs.
Low oil price hits SeaEnergy half-year figures
The Aberdeen-based offshore services group SeaEnergy said low oil prices had hit the business, reducing turnover and profitability in the first half of the year and affecting expectations for the full year.
Lansdowne aims to raise more than £1million in share placement
Alternative investment market (AIM)-listed Lansdowne Oil and Gas said today it has placed 20,753,636 new ordinary shares with new and existing investors to raise about £1.04million before costs. The company, in which Aberdeenshire energy service group SeaEnergy has a 21.48% stake, has also issued a loan note to the value of £1,862,318 to 25.76% shareholder LC Capital Master Fund.
SeaEnergy wins Canadian contract
SeaEnergy has been awarded a contract in Canada with an estimated value of $800,000. The company’s subsidiary, Return to Scene, has struck a deal for the R2S photpgraphic capture. The visual asset management system provides high definition spherical photography, capturing offshore oil and had assets and providing the user with a desk top visual.