Company News
Velocity Composites achieves Nadcap Special Process accreditation
Advanced composite material kit supplier Velocity Composites has successfully achieved Nadcap Special Process accreditation for composites scope kitting service provider (KSP), it announced on Monday, as a result of what its board said was an “ongoing commitment” to quality by satisfying customer requirements and industry specifications.
Frontera upbeat after first well drilled at Taribani
Europe-focussed oil and gas exploration and production company Frontera Resources Corporation announced the successful completion of drilling operations at the T-45 well on Monday.
Inland Homes buying out rest of Brooklands College site
Brownfield regeneration-focussed housebuilder Inland Homes announced the unconditional exchange of contracts to acquire its joint venture partner's 80% interest in Brooklands Helix Developments on Monday.
Realm Therapeutics laments conjunctivitis failure
Investors in Realm Therapeutics were weeping after the company's potential conjunctivitis treatment failed to function in clinical tests.
Saudi Aramco IPO likely to be delayed until 2019 - report
British officials have been informed that Saudi Aramco’s initial public offering is likely to be pushed back from the second half of 2018 until 2019.
Sirius Petroleum preps drill rig for delivery to Ororo wells
Nigeria-focused oil and gas exploration and development firm Sirius Petroleum has received preliminary location approval from the Marine Warranty Surveyor for its Ororo-2 and Ororo-3 wells, leading its international rig partner COSL to commence mobilisation of the jack-up rig for delivery straight to the African nation.
Argentine regulations usher in 'exciting new chapter' for Phoenix Resources
Phoenix Global Resources lauded the issue of new Unconventional Oil & Gas Regulations by the government of the Argentine province of Mendoza on Monday.
Empyrean to commence tests as equipment arrives at California site
Oil and gas development company Empyrean Energy announced on Monday that preparation is underway for testing at its onshore Dempsey 1-15 well in California.
Albert Technologies wins new agency contract but losses persist
Albert Technologies increased revenues 653% in 2017 and announced a new agency contract but the artificial intelligence marketing outfit continues to operate at a loss.
Facebook to stream episodes of Gfinity's esports championship
E-sports entertainment organiser Gfinity has agreed a deal where Facebook will exclusively carry video live-streams of the Gfinity Elite Series.
Nautilus Marine Services sells two vessels and dive equipment
Offshore industry investor Nautilus Marine Services has sold two of its offshore service vessels and certain of its dive equipment in three separate transactions, it announced on Monday.
Thruvision outlines cash return plans as it refocuses its market
People-screening security technology specialist Thruvision updated the market on its plans to return excess cash to shareholders on Monday, which resulted from the sale of its video business to Volpi Capital in October last year.
Seeing Machines fails to turn a profit despite soaring revenues
Computer vision technologies firm Seeing Machines watched pre-tax losses widen in its most recent trading half, despite skyrocketing revenues and the signing of several high profile partnerships.
Echo Energy appoints new COO as it makes progress in Bolivia
South and Central American-focussed upstream oil and gas company Echo Energy announced the appointment of Geoff Probert as its chief operating officer on Monday.
Escape Hunt opens Bristol site ahead of final results
‘Escape the room’ experiential entertainment provider Escape Hunt announced the opening of its first UK owner-operated site in Bristol on Monday.
Draganfly raises £0.14m but warns of likely suspension
Draganfly Investments announced on Monday that it has successfully raised £0. 14m before expenses, by way of a placing of 50. 8 million new ordinary shares at a price of 0. 27p each.
Tullow Oil to offer $650m of seven-year bonds
Tullow Oil said on Monday that it plans to offer $650m of seven-year bonds.
WANdisco achieves 'co-sell' status with Microsoft
Distributed computing company WANdisco has achieved 'co-sell' status with tech giant Microsoft after meeting its rigorous criteria.
Savannah Petroleum gears up for maiden drilling programme
AIM-quoted oil and gas company Savannah Petroleum has completed construction of the first well pad on the R3 portion of its Agadem Basin operations in south-east Niger, taking the company one step closer to kicking off its maiden drill programme in the West African nation.
Clarksons profit rises amid 'early signs' of market recovery
Clarksons lifted its dividend on Monday as it posted a 12% jump in full-year underlying pre-tax profit amid early signs of a recovery across shipping markets.