(Alliance News) - Petrofac Ltd on Tuesday said that Chief Executive Officer Sami Iskander will leave the business at the end of March to pursue other interests. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning: Read More
(Alliance News) - The FTSE 100's post-US inflation rally lost a bit of steam mid-morning Friday, before picking up pace once again as hopes the UK government will reverse unpopular fiscal policy moves continue to grow. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
(Alliance News) - Petrofac Ltd on Thursday reported a drop in interim revenue due to Covid-19 pandemic effects, as it remains optimistic about future opportunities. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More
Petrofac Ltd - Jersey-based services provider to energy industry - Consortium that Petrofac leads wins engineering, procurement and construction contract in Algeria. Consortium includes Genie Civil et Batiment. Award is on a provisional basis. Contract is with Algerian state-owned oil company Sonatrach Petroleum Corp BVI for the Tinrhert EPC2 development project in Algeria. The project will see the creation of a new central processing facility for natural gas production. Read More
i3 Energy PLC - oil and gas producer in the UK and Canada - Completes farm-out agreement for 25% working interest in Block 13/23c North licence, which contains the Serenity discovery located in the North Sea. Europa Oil & Gas Holdings PLC acquires 25% working interest. Europa will fund about 46% of the cost of the upcoming Serenity appraisal well to a gross capped well cost of GBP15 million. i3 says after the farm-out, the company will retain a 75% working interest in Block 13/23c North and a 100% working interest in Block 13/23c South, which contains the Minos High prospect and Liberator discovery. Read More
Eqtec PLC - Cork, Ireland-based gasification company focused on turning waste into sustainable energy - Secures revised planning consent for phase 1 waste recycling and anaerobic digestion facility, at Southport Hybrid Energy Park project. The project is developed with its partner Rotunda Group Ltd, and its subsidiary Shankley Biogas Ltd. Anaergia Inc will provide engineering, procurement and construction services for phase 1, as well as operations and maintenance. Read More
(Alliance News) - Oil majors helped propel the FTSE 100 higher on Tuesday on news that China has eased some Covid entry restrictions. Read More
(Alliance News) - Stock prices in London were higher at midday on Tuesday as the European Central Bank said it would "go as far as necessary" to control inflation, while Nike shares fell in New York on a downbeat outlook. Read More
(Alliance News) - Petrofac Ltd on Tuesday provided a half-year trading update, giving its shares a lift. Read More
(Alliance News) - Stock prices in London opened higher on Tuesday with oil producers giving the FTSE 100 a boost, while in the FTSE 250 Pennon fell sharply after the UK water regulator opened a case against the company. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday afternoon: Read More
Europa Oil & Gas Holdings PLC - oil and gas exploration, development, and production in UK, Ireland and Morocco - and i3 Energy PLC - oil and gas producer in the UK and Canada - i3 enters three-year contract with Petrofac Facilities Management Ltd for the subsidiary of Petrofac Ltd to provide well engineering, operations management and operator services for drilling of Serenity appraisal well. Serenity is located on its UK North Sea license P2358 block 13/23c, for which i3 is the operator and Europa holds a 25% working interest. i3 says well slot is secured for commencement date between August 15 and September 15 this year. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
(Alliance News) - Petrofac Ltd shares dropped on Thursday after it said that it expects to make a small loss in its Engineering & Construction business, due to cost overruns. Read More