OTC 2013: EnerMech has plans for US and Mexico growth
Mechanical engineering group EnerMech has spent more than £13million to increase its presence in the US and Mexico.
significant investment
Group invests in ROVs
Aberdeen-based Harkand said yesterday it was investing more than £19million in expanding its global fleet of remotely operated vehicle (ROV) systems.
Reith to lead growth at Labtech operation
Specialist Services Group has announced the appointment of Derrick Reith as managing director at its expanding Labtech Services operation in Aberdeen.
Balmoral has high hopes after slump
Balmoral Group Holdings is expecting profits to bounce back in the current financial year, the company said yesterday.
North’s lead role in green energy hailed
The Highlands' lead in Scotland's renewable-energy industry was recognised last night at a sellout event celebrating the sector.
Granite City’s green-energy lead applauded
Aberdeen's lead in the renewable-energy industry in Scotland was recognised last night at a sellout event celebrating the sector.
Oil giant to plough £325m into North Sea
Oil supermajor Royal Dutch Shell has announced its second significant investment in the North Sea this week.
Churchill plans two-year big push for growth
Churchill Drilling Tools of Aberdeen is planning to plough significant investment into growth over the next two years.
ROV specialist set to crew-up after kit boost
Recently formed Aberdeen energy service business ROVOP is planning a big increase in its workforce this year after a significant investment in equipment.
ATR to invest £2m in new kit
Global plant, lifting and tool-rental specialist ATR Group has revealed it is investing about £2million in new equipment to meet rising demand in the UK North Sea, Caspian and beyond.
£24m of upgrades in pipeline for north-east port
Aberdeen harbour bosses said yesterday they were to spend £24million on improvements to the port next year.
Salmond hails Taqa investment in North Sea
UK North Sea investment worth an estimated £630million was hailed by First Minister Alex Salmond yesterday during a visit to the Middle East.
Dana chief to leave Aberdeen oil and gas firm at end of March
Aberdeen oil and gas operator Dana Petroleum is about to lose its second chief executive in five months, it emerged last night.
Talisman in pursuit of Euro-shale gas
TALISMAN Energy, together with San Leon Energy, is planning to drill three wells in northern Poland next year to evaluate potential shale-gas deposits in three large blocks in the Baltic Basin.
Subsea 7 shows off new vessels in Aberdeen
Subsea 7 and Shell welcomed representatives from the oil and gas and north-east civic communities to Aberdeen harbour yesterday for an event showcasing two new vessels.
Oil giant looking to cut cost of major North Sea contract
Shell UK is looking to cut the cost of a major contract, currently carried out by around 1,000 workers.
CT claims investment paves the way
MARINE Current Turbines (MCT) has raised £3.5million from an investor group led by Carbon Trust Investments Limited and including Bank Invest, EDF Energy, High Tide and a group of significant private investors. The funding is intended to help MCT in its plans to deploy what it hopes will be the UK's first commercial tidal energy farm in domestic waters within the next two years.