(Reuters) - Brazil's state oil company Petrobras has launched an auction to sell its interest in Nigerian oil fields, in a sale that may fetch up to $5 billion, as the company seeks to raise cash and embarks on a capital spending plan, people ... Read More


Technip is proud to announce that it has been certified as a Top Employer Europe 2013, a prize rewarding companies for the good care they take of their people. This independent certification, delivered by the CRF Institute, underlines the quality ... Read More


The shares of Premier Oil climbed 8p, or 2%, to 396p during early London trade this morning after the oil company revealed full-year earnings of $252m. The FTSE 250 member, which boasts investments and operations around the Falkland ... Read More


The Government has granted French energy giant EDF permission to build the first UK nuclear power station in almost two decades. Ed Davey, the Energy Secretary, told MPs that he was granting planning consent for the French energy company ... Read More


Aker plans to take on another 500 staff after being awarded a £70m contract to help redevelop one of the UK's largest oil fields. Aker Solutions , based in Aberdeen, will manufacture and supply equipment for BP, which is upgradi... Read More


Defence manufacturer Cobham has won a £16m contract to supply NATO forces with bomb detection equipment. The contract to provide vehicle mounted Improvised Explosive Device (IED) will be delivered by Cobham Antenna Systems in the UK. ... Read More


Aggreko , the world's biggest temporary power provider, said profits rose 11pc in 2012 following a strong performance across its business in spite of a difficult end to the year. Aggreko , which issued two profit warnings at the back ... Read More


The shares of Carillion climbed 1p to 318p during early London trade this morning after the construction group lifted its annual dividend by 2%. The FTSE 250 mid-cap said its annual payout had been raised from 16.9p to 17.25p per sha... Read More


John Wood Group has posted a jump in pre-tax profits due to an increase in spending from oil and gas companies, which it said is set to continue this year. The British energy services company, which designs, builds and maintains oil and gas fa... Read More


LONDON - International engineering and project management company AMEC has been appointed by BP  and its co-venturers, Shell,  ConocoPhillips and Chevron to deliver the hook up and commissioning service... Read More