Growth Business
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Articles and latest deals news about companies operating in the oil and gas sector.
News
A second oil and gas-related investment in as many days for the Business Growth Fund has resulted in equity support for SPEX Group.
Independent Oil and Gas has joined London's Alternative Investment Market and raised £2 million on admission.
LDC has closed its second deal in as many days by backing the management buy-out of engineering business Rimor.
Graphite Capital has completed its second exit of 2013, with Aberdeen-based Dominion Gas the latest to be jettisoned from the firm's portfolio.
The Business Growth Fund has upped its activity in Scotland and has now invested £24.1 million into the region.
A £5 million placing for Kea Petroleum is set to be used to fund facilities relating to flow testing and to drill further wells for its New Zealand-focused operations.
Global oil and gas company Shell is banking on emerging technology by setting aside significant funds for investment.
Growth Capital Partners has continued with its commitment to the oil and gas sector by investing in laser survey services business Scopus Engineering.
Bridges Ventures has sold its interest in Whelan Refining and netted itself a 4.7x return on a seven-year investment.
The Business Growth Fund has added a third oil and gas investment to its portfolio and has now notched up four transactions in Scotland.
A second investment in the oil and gas sector has seen the Business Growth Fund provide equity funding to Magma Global.
The Alternative Investment Market has seen the third company join in September, with Bridge Energy the newest addition.
