Wood Group secures £12m Iraq contract
Energy service giant Wood Group said yesterday it had won a £12million contract for work in Iraq, one of the world's most hostile oil-producing nations.
service giant
Technip adds the latest vessel to fleet with Norwegian naming ceremony
Oil service giant Technip officially named its latest pipelay vessel on Friday at Florø, Norway.
Technip boosted by subsea arm
Energy service giant Technip said yesterday that turnover in the first quarter of 2013 had increased by more than 14% £1.7billion.
North Sea ‘key factor’ for Technip
Energy service giant Technip said yesterday its North Sea business was a key factor in it growing turnover by more than 20% to £7.11billion last year.
Problem project ‘will be profitable’
Energy service giant Wood Group said yesterday it expected a problem project in the Middle East to be profitable in two years.
Oil giant extends deal with Technip
Energy service giant Technip said yesterday it had secured a four-year extension to a contract with BP in the UK North Sea.
Petrofac hails record intake of graduates in Aberdeen
Energy service giant Petrofac said yesterday it had welcomed its largest intake of graduates in Aberdeen.
Revenue boost at Halliburton
Energy service giant Halliburton has recorded a 22% increase in revenue, thanks to high drilling activity around the world.
Wood unit secures deal with major
Energy service giant Wood Group, of Aberdeen, said yesterday its Wood Group Mustang subsidiary in the US had secured a major deal with Royal Dutch Shell.
Petrofac ramps up presence in Aberdeen
Energy service giant Petrofac said yesterday it had taken on another office in Aberdeen to accommodate its expanding workforce.
Wood Group sells US unit
Energy service giant Wood Group said yesterday it had sold US aero-engine maintenance firm Wood Group Turbopower, which employs about 100 people and holds assets worth £11.8million, for an undisclosed sum.
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.
Schlumberger positive despite global financial turmoil
OILFIELD service giant Schlumberger yesterday said its third-quarter turnover rose 49% to £6.4billion compared with the same period in 2010.
Gould to quit with group on the up
ENERGY service giant Schlumberger said yesterday its second-quarter results showed strong growth worldwide.
Wood Group confirms no takeover talks taking place
Aberdeen-based energy service business Wood Group said yesterday it was not in takeover talks.
Profits plummet 46% at Halliburton
US oilfield service giant Halliburton reported a 46% year-on-year fall in first-quarter profits yesterday to £133.76million, blaming currency devaluation and tax charges in Venezuela and weak demand except in North America.
Major oilfield service tie-up approved
Energy service giant Schlumberger and smaller rival Smith International are to join forces in an all-share deal which places a value on Smith of about £7.27billion.
Schlumberger hails new expansion
ENERGY service giant Schlumberger yesterday hailed the opening of a £470,000 extension to an operations support centre in Aberdeen, saying it was the result of business growth in the north-east.
Expro chief upbeat about firm’s future under private ownership
The Aberdonian chief executive of international oilfield service group Expro has predicted a "fantastic future" for the business under its new ownership.