Speculation was mounting yesterday that private equity investor 3i was planning to sell its 5.4% stake in Venture Production, the oil and gas operator which has its headquarters in Aberdeen.
BOSSES of Venture Production met their opposite numbers at British/Scottish Gas owner Centrica yesterday to discuss its interest in the Aberdeen oil and gas firm.
Venture Production, the Aberdeen-based oil and gas operator, saw its share price soar yesterday after British and Scottish Gas owner Centrica snapped up more than one-fifth of Venture's shares.