GBP 3.25M investment in LUX Assure
Technology business LUX Assure has received GBP 3.25M to transform the company from a technology development business to a service provider for the oil & gas industry.
The investment comes from ConocoPhillips; Statoil Technology Invest AS; Archangel Informal Investment (Archangels); and the Scottish Investment Bank (SIB), a division of Scottish Enterprise.
The investment comes from ConocoPhillips; Statoil Technology Invest AS; Archangel Informal Investment (Archangels); and the Scottish Investment Bank (SIB), a division of Scottish Enterprise.
SENER obtains the special jury prize
SENER has been awarded today the special jury prize given by the magazine Capital in recognition of the work carried out by the engineering firm in the Spanish city of Bilbao.
SENER’s President, Mr.
SMT distribution centre achieves top safety award
Recording an impressive 500 accident-free days sees Sandvik Materials Technology (SMT) achieve its “best practice” safety target at its Distribution Centre in Halesowen. Proserv seals double North Sea contract wins
Proserv has secured two major contract wins worth in excess of GBP 15M for work in the North Sea, further strengthening the company’s market-leading position in the subsea controls and communications field.
DECC approves Mariner field development plan
The UK government's Department of Energy and Climate Change (DECC) announced their approval of the field development plan put forward by Statoil and its co-venturers for the Mariner heavy oil field.
The project entails investments of more than USD 7B and is the largest new offshore development in the UK in more than a decade.