Industrial services giant Altrad said a significant pipeline of work would see it expand its UK headcount next year, amid a North Sea staff resurgence and plans to continue a run of acquisitions. Announcing its annual results for 2020-21 on Thursday, the Montpelier-headquartered group reported a pre-tax profit of €236millon (£200m) for a full year of operation up to the …
North Sea operator Repsol Sinopec Resources UK (RSRUK) is expected to put a major decommissioning contract for its Fulmar field out to tender next week. Anticipated to be worth more than £25 million, the deal is part of a campaign to plug and abandon the 32 wells that comprise the Fulmar Alpha platform. It does not cover the five Fulmar …