Oil and Gas

Petrofac, a global oil giant, announced that it had acquired Newcastle based company TNEI for a deal worth £7.5 million. TNEI, an energy consultancy company in the North East, supports energy, power and renewable sectors. The company was bought through New Energy Industries Limited; TNEI’s holding...
The energy sector of the UK is comprised of oil and gas industry, petroleum, coal, nuclear power and renewable energies; however, the oil and gas industry is one of the leading players of the energy sector. The energy industry itself is a major contributor to the economy of the UK. Over 5% of the...
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