More detail ‘when time is right’ on Petrofac cash plans
Petrofac is considering sales on non-core parts of the business as part of its bid to improve cash flow.
trading update
Maersk Drilling contracts slide but market recovery in full swing
Maersk Drilling secured contracts worth £292 million in the first three months of the year.
Wood weighs up future for 7,000-strong built environment business
Wood is considering its options, including a potential sale, for its built environment consulting business, which holds a 7,000-strong workforce.
James Fisher outlines ‘challenges’ across host of divisions in trading update
Marine services group James Fisher has detailed an array of “challenges” across its divisions in a trading update ahead of its third quarter results.
Wood makes £160m cost savings, increases renewables work during Covid-19 crisis
Aberdeen-headquartered energy services firm Wood has announced multi-million pound cost savings and an increased renewable energy contracts since the start of 2020.
Nighthawk’s revenues to rise on lower production
Nighthawk Energy said its revenue for 2015 are likely to be "significantly higher" than market expectations, despite production dropping from the previous year.
Tullow set for $1.6billion turnover
Tullow Oil said it expects a revenue of $1.6billion, gross profit of $600m and operating cash flow of $1bn for 2015.
BP shares among biggest Footsie risers, Centrica fall
A buoyant Christmas trading update from fashion chain Next ensured a solid session for retailers today as the wider market also climbed further past the 6,000 mark.
CEO delivers update on exploration plans
Premier Oil chief executive Simon Lockett said yesterday he was looking forward to increased exploration by the firm in the next 12 months, including in the North Sea.