4 Nov 2016 07:57
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Don't have an account? Click here to register.STOCKS NEWS EUROPE-UK small caps up on first session of 2013
Wed, 02nd Jan 2013 09:04
The FTSE Small Caps index is up 0.6 percent in early deals on thefirst session of 2013, lagging much bigger gains by the blue chips andthe mid caps, which jump 1.5 percent and 1.4 percent respectively. Lamprell jumps 15 percent after the oil services firm says it hasreceived the necessary waivers from its lenders with respect to its existingdebt facilities, with the working capital position of the company havingimproved significantly in recent months and it ended the year with a net cashposition in the region of $100 million. Lamprell also says it was recently awarded a further North Sea relatedproject valued at approximately $40 million. [ID: nRSB5920Ua] Afferro Mining gains 3 percent, extending Monday's 13 percentadvance, as International Mining and Infrastructure Corp. (IMIC) confirms it has made an initial bid approach. Afferro said on Monday IMIC wouldbe prepared to offer up to 140 pence a share for the group. [ID: nRSB6254Ua] Afferro also said on Monday that it is currently under exclusivityobligations with one other party which precludes it from engaging in discussionswith IMIC until January 13. The Daily Telegraph said on Tuesday that tradersbelieve the current exclusive talks are likely to be with a "major" miningcompany willing to pay 150 pence a share for Afferro. Reuters messaging rm://jon.hopkins.thomsonreuters.com@reuters.net
More News
26 Sep 2016 07:32
Lamprell wins new contract worth $90m
(ShareCast News) - Oil services group Lamprell has won a contract worth around $90m from Master Marine subsidiary Jacktel AS for the upgrade of the mobile operating unit 'Haven' as an accommodation service vessel for the Statoil Johan Sverdrup field, offshore Norway. The works - which are due to co
Read more7 Sep 2016 14:36
Saudi Aramco extends bidding for marine terminal work - sources
KHOBAR, Saudi Arabia, Sept 7 (Reuters) - State oil giant
Saudi Aramco
3 Aug 2016 12:12
Lamprell appoints Christopher McDonald as CEO
(ShareCast News) - Oil services group Lamprell has appointed Christopher McDonald as chief executive officer with effect from 1 October, succeeding Jim Moffat who will be retiring as previously announced. McDonald, a US national, was executive vice president and group head of business development wi
Read more26 Jul 2016 11:24
Lamprell warns on 2017 revenues, announces rig delay
(ShareCast News) - Lamprell warned on Tuesday that revenues in 2017 would take a hit from the challenging market environment as it said that delivery of the jackup drilling rig which had been scheduled for the second quarter has been delayed. The oil services group said that during the final testing
Read more17 Jul 2016 18:56
Saudi always reacts to oil supply and demand, watching market - minister
RIYADH, July 17 (Reuters) - Saudi Arabia's energy minister said on Sunday the kingdom always reacts to oil market supply and demand and it would continue to monitor crude markets for any developments. Khalid al-Falih also said that final agreements with foreign investors taking part in stat
Read more1 Jun 2016 12:00
Lamprell subsidiary inks Saudi joint-development agreement
(ShareCast News) - Lamprell subsidiary Maritime Offshore has entered a joint-development agreement in connection with a potential partnership collaboration to establish a Maritime Yard in Saudi Arabia. The agreement, which related to the potential construction of a Maritime Yard at Ras Al Khair in e
Read more1 Jun 2016 10:32