Titan Torque invests in new torque system to double capacity
Scotland-based oilfield services provider Titan Torque has invested in new torque system designed by EnerQuip. The acquisition is expected to…
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Deals this week: Independent Oil and Gas, Aker Solutions, Wood Group
Independent Oil and Gas has entered a non-binding term agreement with London Oil and Gas (LOG), under which the latter…
Scotland announces funds to support oil and gas decommissioning
The Government of Scotland has announced additional funding to enable oil and gas supply chain benefits for decommissioning of the…
Subsea 7 wins Buzzard Phase 2 project contract
Subsea 7 has secured a contract from Canadian oil & gas company Nexen as part of the Buzzard Phase 2…
Deals this week: Total, Ocean Infinity, Kawasaki Heavy Industries
France-based Total plans to sell $1.5bn-worth of assets in the North Sea, UK.
Baker Hughes to invest in Scotland subsea manufacturing campus
US oil service giant Baker Hughes, a GE company, has revealed plans to make an investment of £31m ($41m) to…
Scotland’s OGIC to generate more than 500 jobs
The Oil & Gas Innovation Centre (OGIC) is expected to create more than 500 jobs through its projects, according to…
Deals this week: Providence Resources, Ithaca Energy, Spirit Energy
Irish oil and gas company Providence Resources plans to farm-out a part of its working interest in frontier exploration licence…