EnQuest retail bond raises £145million
North Sea independent oil and gas firm EnQuest said yesterday it had raised £145million through its retail bond issue.
North Sea independent oil and gas firm EnQuest said yesterday it had raised £145million through its retail bond issue.
BY STEVEN McKAY
BALMORAL Group, the Aberdeen-based diversified engineering company, announced a new recruit to its boardroom team yesterday.
HUNTING, the international energy service group, said yesterday that despite the moratorium on deepwater drilling in the Gulf of Mexico, the outlook for trading in the second half of 2010 remained encouraging.
Venture Production, the Aberdeen-based oil and gas operator, has reported a record financial performance in 2008.
SHARES in Aberdeen oil and gas firm Venture Production jumped yesterday as takeover speculation mounted.
Venture Production's boss said yesterday that the Aberdeen-based oil and gas operator was well funded to make acquisitions.
Talisman Energy said yesterday it had decelerated its spending on some projects in the UK North Sea to take advantage of a slowdown in the contracting environment.
The boss of international oil and gas facility-service provider Petrofac said yesterday it was well positioned to take advantage of opportunities.
IN THE introduction, we said Electro-Flow Controls ranked among those companies that quietly go about their business and are self-financed. It turns out that, so far, this firm has kept away from takeovers too.
Scottish oil and gas firm Cairn Energy is ready to reap the rewards from an unexplored area with "transformational exploration potential", chief executive Sir Bill Gammell said yesterday.