Oil and gas firm slips to £44.6m loss
Oil and gas explorer Valiant Petroleum slipped into the red last year despite becoming a producer for the first time.
operating losses
‘Successful year’ marred by losses
Helicopter operator Bristow said yesterday it had enjoyed a successful year after reporting a rise in turnover.
Oil explorer reports losses
North-east oil explorer Eland Oil and Gas reported losses in its first set of interim accounts as a listed company.
Tullow biggest riser on bad day for Footsie
Fears that Greece will crash out of the euro triggered a global sell-off today that left London's leading shares index at its lowest close of 2012.
SeaEnergy posts a profit
North-east firm SeaEnergy posted profits of £25.3million for 2011 today off the back of the sale of its windfarm business.
First oil targeted for 2015
Cameroon-focused Scottish oil and gas explorer Bowleven said yesterday production could start at its west African discoveries in 2015.
Charges wipe out driller’s surplus
Rig contractor Transocean said yesterday it had incurred charges of nearly £3.9billion in the final quarter of last year, including costs related to the Deepwater Horizon disaster.
Cosalt geared-up for fresh start
Cosalt said yesterday it was ready for a fresh start after clearing most of its debts and recruiting a new senior management team.
Sevan Marine considers bid for one of its rigs
Sevan Marine, the "round rig" oil operator, said yesterday it had received a preliminary bid for one of its rigs.