Oil and gas services firm Technip said today it had won a contract from Statoil for the removal and replacement of two oil-loading systems at the Gullfaks field in the Norwegian North Sea.
Valve engineering specialist Severn Glocon Group has acquired LB Bentley for an undisclosed sum as it seeks to diversify its offering and make inroads to the subsea market.
Aberdeen-based offshore cabin specialist Labtech Services is to re-introduce a hire fleet to meet growing demand in the North Sea and around the world.
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.
THE Aberdeen-based Rotech group of companies has sold its subsea business to Norwegian firm Reef Subsea in order to focus on engineering and fabrication work.
A WORLDWIDE supplier of specialist offshore cargo-carrying units, Aberdeen-based Swire Oilfield Services, has announced the acquisition of another Australian company.
The owners of Aberdeen firm Containental Offshore have benefited to the tune of more than £10million after the acquisition of the business by investors led by London-based private equity firms Lansdowne Capital and Claver Capital.