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Premier Oil to focus on UK North Sea
News Oil and gas firm Premier Oil said it had abandoned a well off the coast of Norway and would now move its focus onto UK waters.
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Weir Group to pay $675m for Texas firm Seaboard
News Weir Group, the FTSE 100 engineering company servicing the oil, gas and power sectors, is to pay $675m for the US wellhead specialist Seaboard.
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Finnish firm to acquire Hamworthy
News Oil and gas firm Hamworthy is set to be acquired by Finnish group Wärtsilä for around £383m.
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Rockhopper plugs sidetrack well, shares drop
News Oil explorer Rockhopper Exploration says it has completed drilling a sidetrack well at its 14/10-9z site in the North Falkland's basin.
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Falkland Oil looking for cash
News Falkland Oil and Gas (FOGL) saw its share price drop after reporting that the feasibility of drilling a second well at the Scotia prospect is dependent on securing additional funding.
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Centrica in £13bn tie up with Statoil
News Centrica, the company which owns British Gas, has signed a deal with the Norwegian company Statoil to buy £13bn worth of gas over ten years.
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Trinidad boost for Range Resources
News Oil firm Range Resources has announced a significant upgrade to proved reserves at its mature oil fields in Trinidad.
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Genel to start trading Monday
News Oil and gas explorer Genel will start trading on Monday after Vallares, the firm it was recently merged with, issued its Genel prospectus on Friday, three days sooner than expected.
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Tullow Oil seals Suriname deal with Statoil
News Tullow Oil, the independent oil major, has sold a 30% stake in its exploration operations in Suriname to the Norwegian company Statoil.
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