North Atlantic Drilling raises $125m through IPO
Extreme conditions drilling firm North Atlantic Drilling has raised $125million after an initial public offering ahead of its debut on the New York Stock Exchange.
Markets
£40m boost for Parkmead as it looks to step up Skerryvore prospect
North Sea independent Parkmead says it is looking for possible new takeover deals after raising $66million (£39.7million) through a new share issue.
Salamander Energy shares tumble on back of Bualuang delays
Salamander Energy shares fell nearly 5% this morning after the firm admitted production at the Bualuang oil field in the Gulf of Thailand was unlikely to restart until February.
Sterling increases stake in Odewayne stake
North Sea oil firm Sterling Resources has been given the green light for a farmout agreement on the Odewayne Block in the Republic of Somaliland.
Faroe Petroleum strikes oil at Novus prospect
North Sea operator Faroe Petroleum has struck oil at the Novus exploration well in the Norwegian Sea.
BG Group set for 33% earnings drop after sounding new Egypt warning
Energy giant BG Group has declared force majeure for its operations in Egypt as it admits facing a production shortfall for 2014.
New directors for Premier Oil
North Sea operator Premier Oil is set to appoint two new non-executive director to its boards.
Cairn faces income tax probe over Indian operation
Scots oil explorers Cairn Energy faces an tax probe in India after shares in its subsidiary firm were suspended.
Foreign sales boost Gazprom profits
International gas sales helped Gazprom counteract a decline in demand from former Soviet states after seeing profits rise.
Strong start for Kentz after £262m Valerus acquisition
Global engineering group Kentz says it is starting the year in a very strong position following its acquisition of Valerus Field Soltuions for £262million.
Sterling Energy lifts force majeure on Cameroon block after 9-year borders dispute
Oil and gas exploration firm Sterling Energy has lifted force majeure on operations offshore Cameroon following a nine-year dispute over maritime borders.
Wood Group GTS lands £4.2m maintenance work at US power plant
Wood Group GTS has been awarded a 13-year maintenance contract worth around £4.2million for the Eagle Point power station in Westville, New Jersey.
Trio linked with £3bn bids for Expro
Three giant energy firms are considering bids for Expro amid reports the service company has been put up for sale.
ABB faces £150m hit after North Sea storms hit windfarm proejcts
Swiss power technology firm ABB expects to take a £150million hit to its fourth quarter earnings after last year's North Sea storms hit its windfarm projects.
Hurricane eyes £272million AIM listing as it closes in on West of Shetland basement oil
North Sea oil firm Hurricane Energy is set to make a £272million floatation on the London Stock Exchange's AIM.
Profits down for oilfield services giants despite fourth-quarter growth
Oilfield services giants Halliburton and Baker Hughes saw their full-year profits drop despite higher than expected results for the last quarter.
Chinese gas specialist Green Dragon sees production rise more than 300%
China-focused coal bed methane (CBM) gas specialist Green Dragon Gas saw a threefold increase in gas production in 2013.
Global oil demand set for steeper increase than predicted, warns watchdog
Oil demand around the world is set to accelerate this year as economic situations improve - with supply set to outstrip demand despite record US shale output, a new report has found.
Cairn Energy eyes nine new wells for 2014
Scots oil explorer Cairn Energy says it aims to drill nine new wells over the forthcoming year.
3Legs sells off German shale licences
Poland-focused unconventional oil and gas firm 3Legs Resources has sold off its German interests to Rose Petroleum.
Profits warning for Lundin as it secures new debt facility for Sverdrup
North Sea firm Lundin Petroleum has warned profits will be down after seeing exploration costs rise over the last three months.
Oilfield services sales help AAB secures more than £300m in deals
A leading firm of accountants has revealed it had nearly 50 merger and acquisition deals in the past 12 months worth more than £300million.
Providence hits back over Barryroe delay claims
The developers of a giant oil field in the Celtic Sea insist they are on track to farm out the site to partners - despite weekend reports to the contrary.
EV moves Down Under with launch of Australian base
Aberdeen-based downhole video firm EV is to expand its international operations after opening a new facility in Australia.
Seadrill looks for $600m bond offering from North Atlantic Drilling
Extreme conditions drilling firm North Atlantic Drilling is to launch a $600million bond offer.