North Sea workers accept OCA pay offer

North Sea’s ‘King Midas’ focused on driving Parkmead up the value curve

Energy firm Parkmead Group will inevitably show up on the radars of prospective buyers if its current growth trajectory continues, its boss said yesterday.

Caldive invests more than £10m in new offshore construction vessel

Invergordon firm Caldive has invested more than £10 million in a new offshore construction vessel, creating 18 jobs.

DNO North Sea increases ‘firepower’ for growth with boost to borrowing capacity

DNO North Sea, the Norwegian firm which took over Faroe Petroleum, said it now has more “firepower” to grow with a boost to its lending facilities.

Oil rises as news of US-China trade deal gains traction

Oil gained after an American official hinted that the U.S. and China are close to locking down a partial trade deal, offsetting rising global oil supplies.

Churchill’s small company advantage

Nimbleness and responsiveness to client needs are seen as at the heart of Churchill Drilling Tool’s appeal to operators seeking downhole circulation support, the company’s manager for the Middle East and Asia Nicholas Kjaer has said.

Baker Hughes and the pace of change

Baker Hughes is shoring up its position in Abu Dhabi, opening a new wellhead repair and maintenance facility in the country this week, while talking up its various positions in the region.