Reporting its Q4 and full-year results for 2021, oilfield services provider Schlumberger said it had closed the year with “great momentum.” Schlumberger (NYSE: SLB) reported Friday that pre-tax profits reached $2.37 billion (£1.75bn) in full-year 2021, reversing losses of $11.3bn (£8.3bn) the year before. Full-year revenue dipped slightly to $22.9bn (£16.8bn), from $23.6bn (£17.4bn) in 2020, though Q4 revenues rose to …
Dutch firm Heerema Marine Contractors has sealed a contract with McDermott to transport and install six large jackets. The work falls within package one of Saudi Aramco’s Marjan increment program, an integrated development project to increase the production capacity from the Marjan offshore field in the Arabian Gulf. Read the full story here. Photo Credit: Energy Voice.
Brimmond Group, the Aberdeenshire-based provider of hydraulic, lifting and mechanical equipment and services, has announced an exclusive deal to become the official UK and Ireland distributor for Heila Marine Cranes (Heila). Heila is a global leader in the manufacture of specialist heavy-duty cranes with over 700 customers worldwide. Through the agreement, Brimmond Group is the exclusive provider and servicer of …
Ashtead Technology is forecasting a buoyant balance sheet after a “strong performance” in 2021. The Aberdeenshire subsea equipment provider benefitted from “improving market conditions” last year in both offshore wind and oil and gas. As a result its full year revenue is expected to be around £55 million, up 30% on 2020 and ahead of previous guidance. Read the full story here. Photo …
Petrofac, a leading international service provider to the energy industry is supporting the continued growth of its global offering in the wind sector with a senior operational appointment. New Head of Wind Operations and Maintenance (O&M), Phaedra Pritchard will be responsible for building and supporting Petrofac’s O&M service capability within the offshore wind sector, both in the UK and globally. …
Well-Safe Solutions appoint a Subsurface Team Lead to help break into a new sector of the well plug and abandonment market. Well decommissioning experts Well-Safe Solutions have appointed Mark Davison as the company’s Subsurface Team Lead, as the company expands the breadth of its service offering to include all aspects of subsurface plug and abandonment (P&A) design. Mark has over …
Blyth Harbour Commission, the trust that oversees the Port of Blyth, has made several changes to its Board including the promotion of Catherine Young to Deputy. Blyth Harbour Commission, the statutory trust that oversees the Port of Blyth, has appointed a new Deputy Chair to its Board of Commissioners. Catherine Young takes up the role having served on the Board …
Peterson has been awarded a logistics contract from Petrofac to support the offshore installation phase of two 700 megawatt (MW) transformer platforms for TenneT’s Hollandse Kust Zuid (HKZ) offshore grid. The two substations will serve as a connection between the Vattenfall-operated offshore wind farm of the same name, and the electricity grid run by transmission operator TenneT. Comprised of 140 …
J+S Subsea has been announced as a finalist in two categories in next month’s Subsea Expo awards. The awards celebrate the companies and individuals leading the way in the UK’s £8billion underwater industry. Aberdeen-based J+S Subsea is a finalist in the ’best small company‘ category, that recognises excellence in overall company performance in the subsea sector by newcomer companies. And Tom …
Intelligent lifting equipment specialists, LMS (Load Monitoring Systems Ltd), has upsized its UK operations by relocating its Aberdeen headquarters. LMS has moved into the 7,700 sq.ft modern office building in Aberdeen Energy Park amid a period of sustained growth. The company design, manufacture sell and rent intelligent lifting products and load measurement equipment, used globally in a wide variety of …