North of Scotland

Saltire Energy profits weighed down by oil market volatility

February 25, 2019

Tight margins and unrelenting volatility in the oil and gas market put a crimp on Saltire Energy’s profits in 2017-18. But the Portlethen-headquartered oilfield equipment rental firm said it was “managing the market well” and “adapting to the pressures”. >> To read more on Energy Voice, click here <<

North of Scotland

Dozens of jobs at risk as oil equipment factory shuts

July 24, 2018

An oil and gas equipment manufacturer has closed a factory in Aberdeenshire, putting dozens of jobs at risk. Forum Energy Technologies has confirmed manufacturing has been suspended at its facility in Findon, near Portlethen. It is understood around 35 people work at the facility. >> Read more on Energy Voice here <<