Privately owned African oil and gas exploration company Ophir Energy has secured £168 million from private investors to finance its drilling programmes until 2009.
Dominion Gas, an independent supplier of industrial gases to the offshore industry, has completed its first acquisition since management bought the company in June.
The management team at Aberdeen-based Dominion Gas, Scotland’s leading supplier of industrial gases to the offshore industry, is to expand the business internationally after taking control of the company.
A Kazakhstan-based company that was formed last year to develop oil and gas assets in Central Asia has joined AIM. Roxi Petroleum raised £38.9 million from the admission after its shares were priced at 38p each.
Venture capital and private equity group 3i is to land a £120 million realisation on its investment in Petrofac, as a result of the oil and gas services provider's imminent £742 million London flotation.
