BP more than doubles profits
BP chief executive Bob Dudley hailed "a strong start to 2013" yesterday after the oil giant's profits more than doubled in the first quarter.
strong start
Paradigm expansion after contract wins
Paradigm Drilling Services said yesterday it had made a strong start to 2012, securing more than £1million of new contracts in the UK and overseas.
Fears of Greek tragedy weigh on the FTSE 100
Fresh fears that Greece and Portugal will sink under the weight of their debts saw London's leading shares index fall further from a six-month high yesterday.
Petrofac peaks after strong half-year showing
Oil and gas facility service provider Petrofac saw its FTSE-100 listed shares touch a record high of £14.28 yesterday after it posted a strong set of interim results.
Wood eyeing smaller takeover targets
SIR Ian Wood, the chairman of Aberdeen-based energy service company Wood Group, gave shareholders an upbeat view of the company's prospects yesterday at its annual meeting in the Granite City.
UK North Sea E&A drilling doubles on 2007
The first quarter of 2008 saw a doubling of E & A (exploration and appraisal) drilling levels compared with the same period for 2007, with 20 wells started and nine sidetrack legs initiated.