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Oil and Gas sector

Articles and latest deals news about companies operating in the oil and gas sector.

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Dominion closes first post-MBO deal

Dominion Gas, an independent supplier of industrial gases to the offshore industry, has completed its first acquisition since management bought the company in June.

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Mexico-focused oil and gas play in AIM IPO

Leed Petroleum, an oil and gas exploration and production company focused on the Gulf of Mexico, has listed on AIM.

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Graphite backs specialist gas company buy-out

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.

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Buy-in duo buy ATR

A group that hires specialised tools and equipment to the offshore oil and gas industry has been bought by a management buy-in team.

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Kazakhstan oil and gas company joins AIM

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.

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Bifold in £35 million buy-out

Bifold Fluid Power, a manufacturer of control valves and hydraulic pumps for the oil and gas industry, has undergone a £35 million secondary buy-out.

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TWMA eyes expansion

TWMA, a waste management company for the oil and gas industry, has received growth capital from US private equity firm Lime Rock Partners worth $50 million (£25.9 million).

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Investment firm in PLUS float

Investment company Oil and Gas Support Services (OGSS) has listed on PLUS Markets.

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3i windfall as Petrofac floats

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.