Petrofac Full-Year Net Income Rises on Higher Orders (Update1) - Bloomberg

www.bloomberg.com | Mar 10, 2008

March 10 (Bloomberg) -- Petrofac Ltd., the U.K. oil and gas services provider with operations in Africa, the Middle East and Asia, said full-year profit rose 57 percent on higher orders. Net income climbed to $188.7 million, or 54.14 cents a share, from $120.3 million, or 34.

http://www.bloomberg.com/apps/news?pid=20601102&sid=a2_y2NGQE8Lg&refer=uk

First Reserve announces buyout of Abbot Group

www.energy-business-review.com | Dec 21, 2007

Energy focused private equity firm First Reserve Corporation has announced its planned acquisition of UK-based drilling and rig service provider Abbot Group for GBP906 million.

http://www.energy-business-review.com/article_news.asp?guid=32B9CA19-BD5C-4B43-9BF8-F0C97E0AAD26

Prosafe to sell Drilling Services

Prosafe ASA has agreed to sell Prosafe Drilling Services AS and will focus its resources on the Floating Production and Offshore Support Services divisions. Estimated net proceeds to Prosafe from the sale are NOK960 million.

http://www.the-eic.com/News/Archive/2005/Jun/Article655.htm

Partners pool $2 billion for U.S. refinery investments

www.chron.com

Petroplus Holdings AG, Europe's biggest refiner by capacity, formed a partnership with Blackstone Group LP and private-equity firm First Reserve Corp. -- which has a presence in Houston -- to buy oil refineries in the U.S.

http://www.chron.com/disp/story.mpl/business/5574808.html

Datamonitor - Oil - Browse Research

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ABBOT GROUP Broker Reports | ABG.L | GB0009102731 | Yahoo! Finance UK

Copyright 2007 (c) Yahoo! UK Ltd. All rights reserved. Questions | Disclaimer | Quotes Information Quotes delayed except where indicated otherwise. Delay time is 20 mins for London stock exchange. See also delay times for other exchanges.

http://uk.finance.yahoo.com/q/rr?s=ABG.L

Bloomberg.com: Europe

March 1 (Bloomberg) -- Candover Investments Plc made a takeover approach to Expro International Group Plc that may value the company at as much as 1.3 billion pounds ($2.6 billion), the Financial Times said, without citing anyone for the information.

http://www.bloomberg.com/apps/news?pid=20601085&refer=europe&sid=a4SdLoa1oeE4

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