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Aberdeen’s Proserv in sponsor-backed MBO

Aberdeen-headquartered Proserv has successfully completed a sponsor-backed management buyout (MBO) and is introducing an employee ownership scheme — marking a significant milestone in the company’s…






































Wood Group reports order book of $6bn

Aberdeen-based global engineering and consulting giant John Wood Group said its revenue rose 3% to $5.4 billion and its order book stood at $6 billion…



Offshore Energies UK appoint Whitehouse as CEO

Giant trade association Offshore Energies UK (OEUK) has appointed David Whitehouse as its new chief executive, starting on January 1, 2023. OEUK represents 400 companies involved in producing…


SSE sells £1.5bn network stake to Ontario Teachers

By Mark McSherry — SSE plc, the Perth-based electricity infrastructure giant, confirmed on Friday it has reached agreement to sell a 25% minority stake in its electricity transmission network…