Weir and Xcite shares among fallers despite good day for market
London's leading shares index closed above the 5,700 mark for the first time in nearly three months today but global growth fears continued to spook investors.
Markets
Tullow teams up with Shell
Tullow Oil said today it would work with Shell to explore for oil in the Atlantic Ocean.
Swire opens Singapore office
Swire Oilfield Services opened a new regional headquarters in Singapore today.
Norway offers out 60 licences
Norway's Petroleum Directorate (NPD) today offered out 60 new exploration licences on the Norwegian Continental Shelf.
Plexus raises £6.2million
Plexus Holdings said today it had raised £6.2million in a share placing.
FTSE 100 Index up 20.8 points despite economic concerns
The London market closed ahead today as investors took the loss of France's gold-plated AAA credit rating and speculation over Greece's future in the eurozone in their stride.
Premier spuds East Fyne
North Sea operator Premier Oil has started drilling on the East Fyne appraisal well in the central North Sea.
Lundin could cut south Avaldsnes estimates
Lundin Petroleum Norway said today its resource estimates on the southern part of the large Avaldsnes discovery would most likely be cut following an appraisal well.
Cairn Energy shares up, but Wood and SSE fall
Reports that Standard & Poor's will strip France of its AAA credit rating drove falls on world markets today.
Nautical Petroleum shares rise but Xcite and Melrose among fallers
Tesco dragged London's leading shares index down today after its shares fell 16% following a grim Christmas update and profits warning.
Talisman picks Aker for Norwegian work
Aker Solutions has won a three-year frame agreement worth about £94million for work on Talisman Energy's maintenance and modifications projects on the Norwegian continental shelf.
Cape expects growth in 2012
Energy and mining support services firm Cape said today it expected 2012 to be a year of "significant growth in activity".
ConocoPhillips signs up Maersk Resolve
ConocoPhillips has agreed a deal with Maersk Drilling for a jackup rig for drilling in the North Sea.
Energy price war hope as gas bills cut
One of the UK's big six energy suppliers has announced that it is cutting the price of its tariffs - sparking new hope that a price war could bring some respite for consumers.
First oil from Van Ghent well
DANA Petroleum said last night first oil had been achieved on the Van Ghent well on the Dutch continental shelf yesterday.
Ross extends Cosalt loan until end of June
Engineering business Cosalt said yesterday that a £5million loan provided by chairman David Ross, which was due to expire earlier this week, had been extended to June 30 or until fresh agreements were reached with its banks.
Wood Group firm to work on Tubular Bells
A subsidiary of Aberdeen's Wood Group has won a detailed design engineering contract for the topsides and deck of a platform to be used on the Gulf of Mexico Tubular Bells field.
EnQuest and Petrofac shares rise, Parkmead and Faroe among fallers
Banks helped pull the London market higher today after eurozone debt fears were eased when France escaped a credit rating downgrade.
First deepwater well off Romania
A subsidiary of ExxonMobil and Romanian oil and gas group Petrom has started drilling on the first deepwater exploration well in the Romanian sector of the Black Sea.
Chairman confident of taking Cosalt off exchange
The chairman of Cosalt said last night he was confident the company would return to private ownership after revealing he had control of more than half its shares.
EnQuest among risers despite tough day for markets
World markets struggled to make progress today after another meeting on the eurozone debt crisis failed to ease traders' nerves.
Good start to 2012 for EnQuest
Independent oil and gas firm EnQuest today announced a near-£60million deal which will give it a 20% stake in the UK North Sea Kraken discovery.
FTSE 100 gains 25 points in final session of the week
The FTSE 100 Index closed 25.4 points higher at 5,649.7 today despite the eurozone debt crisis continuing to trouble investors.
Trapoil gears up for participation in eight wells in 2012
il and gas explorer Trapoil said today it had sold out of the Premier-operated Lacewing asset for £1million and gave an update on its eight well 2012 drilling programme.
Dong’s £750million bond issue to help North Sea programme
Danish energy firm DONG Energy said today it had successfully issued a £750million bond which would aid its UK North Sea oil and gas and wind farm plans.