Market Report

Further to the announcement made on 16 November 2016, Egdon Resources plc (AIM:EDR) is pleased to confirm that it has now completed the acquisition of an additional interest in PEDL201…
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Dolphin Drilling AS, a subsidiary of Fred. Olsen Energy ASA, has entered into a one well contract extension with Statoil for use of the semi-submersible drilling rig Bideford Dolphin…
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Tower Resources plc (the “Company” or “Tower” (TRP.L, TRP LN)), the AIM listed Africa focussed oil and gas exploration company, is pleased to announce the completion of the sale of its…
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$565 million initial cash consideration represents ~9x 2017E EBITDA multiple Attractive fee-based natural gas gathering and processing and crude gathering assets in the Permian…
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Lamprell (ticker: LAM), a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, today provides…
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Energy services company Proserv has secured contracts valued at more than $12 million so far this year and has revealed plans for further international growth with new bases in Saudi…
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Scottish Enterprise has revealed a new Subsea Engineering Action Plan with the aim of capturing an even bigger slice of the current £50 billion global subsea market.  The news comes as…
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Key Highlights Record annual sales volumes of 84.1 mmboe, up 31% and above the upper end of guidance. Record annual production of 61.6 mmboe, up 7% and towards the upper end of…
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Shearwater GeoServices Norway AS has signed agreements with multiclient company TGS for two surveys, one firm and one optional, in Norway. The surveys that are scheduled to commence…
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Statoil extends with ALTUS Intervention for Power Mechanical Services for Heidrun, Statfjord, Snorre, Sleipner and Statoil satellite fields. The agreement runs for two years. This is…
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