North Sea

North of Scotland

WorleyParsons hails impact of Aberdeen business

February 20, 2019

Australian energy service firm WorleyParsons said today that revenues were “flowing” from its recently acquired Aberdeen operation. WorleyParsons bought Amec Foster Wheeler’s oil and gas business following the latter’s acquisition by energy service giant Wood in 2017. The deal marked WorleyParsons’ entry to the UK North Sea market. Read more on Energy Voice here.

North of Scotland

Tory donor Spencer to buy another chunk of Cluff

February 13, 2019

Entrepreneur and philanthropist Michael Spencer will further increase his stake in North Sea oil firm Cluff Natural Resources (CLNR). Mr Spencer, a multi-millionaire backer of the Conservative Party, has struck a deal to purchase 10.6 million shares from Algy Cluff, CLNR’s chairman, for 3.5p each. >> To read more on Energy Voice, click here <<