An Angus oilfield services firm has more than doubled its workforce in the past two years as the oil and gas market has recovered.
A deal believed to be worth up to £47 million is set to bring a massive boost to an Angus manufacturing facility.
The UK arm of oilfield service company Halliburton has swung back into black after shrugging off previous financial losses.
GE Oil & Gas has started formal consultations into its proposal to make what are understood to be 32 redundancies at its Montrose sites.
Forfar-based oilfield services firm RMEC plunged into the red in a dramatic £1.8 million turnaround in its fortunes last year.