MMA Offshore has postponed its annual meeting after a complaint from major shareholder Halom Investments to the Takeovers Panel regarding a $97 million capital raising.
Tap Oil has submitted an application to the Takeovers Panel requesting the disclosure of details surrounding major shareholders Risco Energy Investments and Chatchai Yenbamroong, and for the pair to be restrained from voting at the company’s annual meeting.
Sydney-based gas company AWE has produced more positive test results at its Waitsia gas field, with the highest flow rate to date recorded during recent flow testing.
Engineering and construction contractor Monadelphous Group has painted a positive outlook after tough trading conditions in recent years, with the company tipping strong revenue growth in the current financial year.
Tap Oil major shareholder Risco Energy Investments has notified the company of its intention to overhaul the company's board at the next planned annual meeting in February.
Struggling marine services company MMA Offshore will raise nearly $100 million to repay debts and repair its balance sheet, despite opposition from major shareholder Halom Investments.
Royal Dutch Shell has sold its entire shareholding in Woodside Petroleum for $3.5 billion, after strong demand from institutional investors prompted the energy giant to upsize its previously announced sell-down.
A newly established company led by a group of Perth oil and gas executives aims to become a major supplier to the domestic gas market after buying the offshore Equus gas fields from US company Hess Corporation.
WESTERN Australian vessel operator Westsea Marine has been awarded a $100 million contract to supply vessels to support the construction at Chevron’s Gorgon liquefied natural gas project.Under the con
The National Stock Exchange has approved the appointment of controversial businessman Frank Timis as non executive chairman of African Petroleum Corporation, but subject to unusual rules relating to the company's disclosure and governance.
THE pitched battle over the proposed LNG hub at James Price Point near Broome is likely to be just a pre-cursor to a bigger war over development in the Kimberley region – considered the nation’s next frontier by both sides of the political div
A company that was founded by former Perth resident Frank Timis has reportedly been fined a record $1 million in the United Kingdom over a number of misleading stock market announcements.
