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Abbot Group, the Aberdeen-based oilfield services company, is to be acquired by private equity firm First Reserve Corp for £906m. 20-Dec-2007 Abbot Group is to acquire Songa Drilling, the Norwegian drilling rig operator, for £247m. 25-Apr-2006 Abbot Group has acquired Prosafe Drilling Services, the Norwegian offshore drilling contractor, for £75m. 01-Jul-2005 Abbot Group, the oil services company, is to invest more than £28m expanding its drilling fleet over the next two years. 08-Sep-2004 Abbot Group has announced plans to shed an unspecified number of jobs at its offshore drilling operations in Aberdeen and the North Sea, prompting speculation that 150 jobs will be affected. 07-Jan-2004 Abbot Group has sold its OIS International inspection business to Oceaneering International Services for £17m. 20-Jan-2003 Abbot Group has agreed to sell its 50% stake in wind farm developer PowerGen Renewables to PowerGen UK for £57m. 21-Oct-2002 Abbot is to acquire Deutag, the German onshore and offshore drilling services company, for £134m. 03-Sep-2001 Abbot has sold its BW drilling fluids business to the MI joint venture between Smith International and Schlumberger for £12m. 23-Aug-2001 Abbot Group has won a £36m onshore drilling contract from TotalFinaElf for the Dorood field development in Iran. 10-Jul-2001 Abbot Group is to invest £40m in its renewable energy joint venture with PowerGen this year, and hopes to win permission to build its first major offshore wind farm at Scroby Sands in Norfolk. 14-Mar-2001 Abbot has won a five-year contract worth about £200m to supply drilling services to Shell UK Exploration. 27-Apr-1999 Abbot, the oil services company, is looking to acquire assets from exploration companies that have been hit by the low oil price. 11-Mar-1999 PowerGen is forming a joint venture with the Abbot oil services group to develop offshore wind farms. 17-Nov-1998 Abbot Group, the oil services company, has acquired BW, the Aberdeen-based supplier of drilling muds and chemicals, for £21m. 30-Jun-1998 Abbot Group is acquiring the non-destructive testing and technical welding department of ICI Chemicals and Polymers for £2.8m. 13-May-1998 Abbot Group has won a $60m oil drilling contract in the Caspian Sea from the Azerbaijan International Operating Company. 07-Apr-1998 Abbot Group, the oil services company, is acquiring Nabors Europe for £25m in order to expand its development drilling operations. 19-Oct-1996 Abbot Group, the oil and gas services company, is now expected to win its battle to acquire OIS International Inspection, after beating a bid from OGC. 27-Jan-1996
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