LONDON (Alliance News) - Amedeo Resources PLC Tuesday said the keel of its first rig order, the 350 foot Le Tourneau Super Enhanced 116e, has been laid on schedule. The resource, infrastructure and asset investment company, said this is a significant step in the building of the new rig, whi Read More

Amedeo Resources Raises About GBP5.2 Million In Subscription, Placing

3rd Mar 2014 11:37

LONDON (Alliance News) - Amedeo Resources PLC Monday said it has raised about GBP5.2 million through a share subscription and placing, money it will use to pay its share of a new rig building yard in China and for expanding the activities of its ferrous metals and ore trading asset. In a st Read More

Amedeo Resources Soars As It Confirms Big Jiangsu Yangzijiang Deal

5th Feb 2014 09:02

LONDON (Alliance News) - Amedeo Resources PLC saw its shares rise sharply Wednesday after it said that Jiangsu Yangzijiang Offshore Engineering Co Ltd, in which it has an indirect 18.6% stake, has won contract to build drilling platforms potentially worth USD1.7 billion. In a statement, Ame Read More

UK MORNING BRIEFING: Insurers In Focus As Stephen Hester Joins RSA

5th Feb 2014 08:12

LONDON (Alliance News) - Shares have continued their slide at the open Wednesday, despite a positive close overnight on Wall Street.<br /><br />Brokers have been taking a look at UK insurers after <strong>RSA Insurance</strong> sprung a positive surprise late Tuesday by appointing turnaround a Read More

Amedeo Resources Says Business Performing Well In All Divisions

23rd Jan 2014 12:26

LONDON (Alliance News) - Amedeo Resources PLC said Thursday it is performing well across all areas of its business in a pre-close update after the company was relaunched to adopted a leaner operating structure during the reporting period. In an update ahead of the financial year to January Read More

Amedeo Resources Swings To Profit On First Sales And Strong Foreign Exchange Gain

23rd Oct 2013 11:44

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