Tag

Oil and Gas sector

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

News

TGE exit nets 20-times return

Investors in shipbuilding support business TGE Marine have generated a return of more than 20 times their investment after the company's initial public offering (IPO) on AIM.

Company Flotations

North Sea oil company Valiant Petroleum floats on AIM

Valiant Petroleum, which owns a number of oil fields in the North Sea, has floated on AIM, raising £50 million at £7.50 per share. The initial public offering (IPO) values Valiant at £197 million, making it the second-largest company to float on AIM this year.

News

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.

News

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.

News

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.

News

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.

News

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.

News

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.

News

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).

News

Investment firm in PLUS float

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

News

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.