Expert claims sale of Saudi Aramco IPO would be “huge” moment in oil and gas sell offs
A leading oil and gas expert said an Initial Public Offering (IPO) by Saudi Aramco could potentially be the largest on record.
public offering
Trap Oil buys “game-changing” stake in Athena
Trap Oil said today it was acquiring a 15% stake in the North Sea Athena development from Dyas UK for £34.5million, in the "game-changing" deal it had chased since the firm floated nearly a year ago.
US firm ‘in talks’ with Fairfield
US-based private equity company Riverstone Holdings is reportedly looking to buy up to half of Aberdeen-based Fairfield Energy and use it as a vehicle for creating a new North Sea oil firm.
Smart Metering confident of growth
Scottish gas service firm Smart Metering Systems said yesterday it was confident of further growth after profits more than doubled.
Greenland area can be new North Sea, says Sir Bill
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.