The UK Economy

Nayega Manganese Environmental Permit Granted – Exploration Permits Extended Ferrex plc, the AIM quoted manganese and iron-ore development company focused in Africa, has announced that the Environmental Permit at the Nayega Manganese Project has been granted. The Project is located in northern Togo held through Societe Generale de Mines (SGM). The Environmental Permit sets the […]

Kelkka Nickel Sulphide Project – Geophysical modelling completed, targets defined and drill programme designed and ready to drill FinnAust, the AIM listed exploration company with a multi-project copper, zinc and nickel portfolio in Finland and Austria, has completed of the modelling and drill design phase at its Kelkka Nickel Sulphide Project in South East Finland. […]

Preliminary Results for the year to 30 June 2014 Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP method of wellhead engineering, announces its preliminary results for the year ending 30 June 2014. Financial Results: · Record revenue, EBITDA, profit before tax and profit after tax […]

Two global companies to collaborate on R&D to take offshore industry’s subsea imaging capability to the next level. BP and CGG today announced an agreement for collaborative research and development in the field of new types of marine vibratory seismic sources. The agreement combines the companies’ research efforts and expertise to develop and deploy innovative […]

Operational Update: Construction of Raki / Huajache Wind Farm Project continues to make “Good progress” Rame Energy Plc, the international power generator and engineering company, is pleased to announce an update on the construction of its fully funded 15MW Raki / Huajache Project, the Company’s first equity participation in wind assets in Chile. This update […]

Allotment of Ordinary Shares following Exercise of Conversion Rights Mariana Resources Ltd, the AIM quoted exploration and development company focused in South America, has announced that it has received notice of exercise in respect of the convertible security previously issued on 16 September 2014 at a conversion price of 1.6 pence being 92.5% of the […]

£1.5 million Fundraise and Grant of Share Options DekelOil Public Limited, the West African focused palm oil producer with a 51% interest in a vertically integrated palm oil project in Ayanouan, Côte d’Ivoire, announces that it hasraised £1.5 million before expenses through a placing of 87,200,000 new ordinary shares of €0.00003367 each in the capital […]

Follows soon after North Sea discovery BP today announced an oil discovery at the Guadalupe prospect in the deepwater U.S. Gulf of Mexico. The discovery well, on Keathley Canyon Block 10, was drilled by operator Chevron on behalf of the Guadalupe co-owners. The well encountered significant oil pay in Paleogene age Wilcox Sands. Located approximately […]

Announced in Jakarta On behalf of the Tangguh Partners, BP announced that two consortia have been awarded the onshore Front End Engineering and Design (FEED) for the $12 billion Tangguh Expansion Project (Train 3): – PT. Tripatra Engineers and Constructors, PT. Tripatra Engineering, PT. Chiyoda International Indonesia, PT. Saipem Indonesia, PT. Suluh Ardhi Engineering and […]

Planning approval granted for Kiln Lane Well, onshore UK Europa Oil & Gas plc, the AIM quoted oil and gas exploration and development company with a combination of producing and exploration assets in Europe, has announced its proposal to drill the Kiln Lane conventional exploration well on licence PEDL 181 in East Lincolnshire has been […]