BNET Industries
Market Cap:$356.0M
Last Fiscal Year Sales:$1.1B
- Public
- UK
Dow Jones Description
Provider of Drilling, Well Intervention, Engineering, Testing, Inspection & Fluids Management Services to Oil & Gas Industry
Chief Executive Officer
Holger TemmenNumber of Employees 6,554
Peer Companies
NAICS Code Drilling Oil and Gas Wells: 213111
News & Analysis
Filter by
abbot group plc. - All News and Analysis
First Reserve buys oil-rig operator Abbot Group
- 2007-12-20
By Danny Fortson Alasdair Locke, the executive chairman of Abbot Group, was in line for a 93m pay day yesterday after he agreed to sell the FTSE 250 oil-rig operator he founded for 906m to American buyout group First Reserve. The 390p-per-share deal comes two-and-a-half months...
First Reserve Corporation Announces 906 Million Pounds Sterling Recommended Acquisition of Abbot Group in Largest-Ever Drilling Services Private Equity Buyout.
- 2007-12-19
GREENWICH, Conn., HOUSTON and LONDON, December 19 /PRNewswire/ -- First Reserve Corporation, the largest energy-focused private equity firm, announced today that it is continuing its long tradition of investing in the global oilfield services market with the planned acquisition of Abbot Group plc ("Abbot")...
Barclays buoyed by Bank of America bid talk
- 2007-10-05
Market Report It was always bound to happen. Just as Barclays' attempt to buy ABN Amro crumbled, the UK group supposedly became a target itself. The offer for ABN lapsed yesterday, and the rumour mills duly ground into action. The old rumour of Bank of America coming in...
Oil rig contractor confirms bid
- 2007-10-05
Business News IN BRIEF --The oil rig contractor Abbot Group has confirmed that it has received a takeover approach, believed to have been from the private equity company 3i. Abbot's shares respon-ded with a 63.75p leap to 355.5p. The proposal was reported to be at 375p, valuing the...
STOCKS FOCUS: ABBOT GROUP
- 2007-09-09
OIL services group Abbot delivered a strong set of first-half results on Thursday but its shares slid after it lowered its expectations for full-year profits. Abbot said pre-tax profits in the first half rose 30.3-per cent to GBP35.8 million helped by rig starts and contract extensions. Turnover rose 56.6-per cent...
ABBOT GROUP (ABG).
- 2006-09-15
Drilling specialist Abbot Group saw cash profits up 47 per cent as management lauded a strengthening market for its services. Nevertheless, the impact of debt taken on during the period to fund the purchase of Norwegian drilling specialist Songa, bought too late to make any positive...
Abbot in move to capture mobile rig firm for pounds-247m DEAL OF THE
- 2006-04-30
THE pounds-247 million purchase of a Norwegian firm should allow Scottish drilling specialist Abbot Group to cash in on the increasing demand for mobile oil rigs to exploit hard-to-access reserves. Abbot Group last week agreed to offer the cash to buy Songa Drilling, which owns three so-called jack...
AZERBAIJAN: Contract award for planned $75,000,000 platform drilling services is said to be imminent, KCA DEUTAG [UK] - Order #: 052603.
- 2003-05-01
PROJECT OVERVIEW: The local AZERBAIJAN INTERNATIONAL OPERATING CO. AIOC, a joint venture operated by UK-based BP PLC, is soon expected to award a technical services contract to KCA DEUTAG, a subsidiary of the ABBOT GROUP of the UK. According to the...
British Oil-Services Firm Abbot Group Draws Investor Interest.
- 2003-02-02
By Rosemary Banyard, Sunday Business, London Knight Ridder/Tribune Business News Feb. 2--Mention an investment in Abbot and the chances are that the audience will think you mean the ale brewed in Suffolk by Greene King. They may be less familiar with Abbot...
IRAN: Contract award for planned $25,000,000 initial drilling program and rig upgrade project, KCA IRAN KISH DRILLING CO. PJSC [Iran-UK] - Order #: 107602.
- 2002-10-01
PROJECT OVERVIEW: The local HYDRO ZAGROS OIL & GAS, a subsidiary of Norway-based NORSK HYDRO, recently awarded a drilling contract to KCA IRAN KISH DRILLING CO. PJSC of Iran. The latter is a joint venture company that is owned by the ABBOT GROUP...
- 1
- 2
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Holger Temmen | Chief Executive Officer |
| Peter J. Milne | Director, Finance |
| Alec W.J. Banyard | Secretary |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Alasdair J D Locke | Executive Chairman |
| Alasdair J.D. Locke | Chairman |
| Geoffrey M. Philipps | Board of Directors |
| Guy D. Lafferty | Board of Directors |
| Maurice A. White | Board of Directors |
| Michael A. McDowell | Board of Directors |
| Robert Alexander Duncan | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Abbot Group plc | Chief Executive Officer | Current |
| KCA Deutag GmbH & Co. KG | Chief Executive Officer | Current |
| Abbot Group plc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Abbot Group plc | Director, Finance | Current |
| Abbot Group plc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Abbot Group plc | Secretary | Current |
| Abbot Group plc | Board of Directors | Current |
Alasdair Locke is the executive chairman of Abbot Group plc, an international energy services provider to the oil and gas industry, and holds directorships in a range of other companies. He has been involved in the oil and shipping industries since 1974 and held senior executive positions within the banking industry. Mr Locke is a director of Team Northern Ireland Limited and was until recently a member of the International Oil and Gas Business Advisory Board which advises the Department of Trade and Industry.
| Organization | Position | Status |
|---|---|---|
| Abbot Group plc | Executive Chairman | Current |
| Northern Ireland Energy Holdings Ltd | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Abbot Group plc | Chairman | Current |
| Abbot Group plc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Abbot Group plc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Abbot Group plc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| KCA Deutag GmbH & Co. KG | Board of Directors | Current |
| Abbot Group plc | Board of Directors | Current |
| KCA Deutag GmbH & Co. KG | CEO | Former |
| Abbot Group plc | CEO | Former |
| Organization | Position | Status |
|---|---|---|
| Abbot Group plc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Abbot Group plc | Board of Directors | Current |
| Volume | 363,008 |
| Shares Outstanding | 32.2M |
| Market Cap | 356.0M |
| Year High | 14.95 |
| Year Low | 1.60 |
| Earnings Per Share | -11.13 |
| P/E Ratio | N/A |
| Dividend | 0.00 |
| Yield | 0.00 |
Industry Transcripts by Seeking Alpha
-
Atwood Oceanics Inc. F4Q09 (Qtr End 30/09/09) Earnings Call Transcript.
on Nov 24, 2009about ATW
-
StealthGas Inc. Q3 2009 Earnings Call Transcript
on Nov 17, 2009about GASS
-
WGL Holdings Inc. F4Q09 (Qtr End 09/30/09) Earnings Call Transcript
on Nov 13, 2009about WGL
-
ORMAT Technologies Inc. Q3 2009 Earnings Conference Call Transcript
on Nov 12, 2009about ORA
-
Evolution Petroleum Corp F1Q10 (Qtr End 30/09/09) Earnings Call Transcript
on Nov 12, 2009about EPM
Glass Door
Energy Industry Companies
| Company | Employer Rating |
| Chevron |  |
| ConocoPhillips |  |
| Exxon | |
| Occidental Petroleum | |
| Schlumberger | |
IndustryTop Rated
- Clinton: Energy Efficiency Is Not Sexy, But Important Low-Hanging Fruit 4 votes
- Trina Solar: Still Struggling to Bring Manufacturing Costs in Line With Falling Prices 3 votes
- Valero to Shutter Some Refinery Operations, Cut Hundreds of Jobs 3 votes
- Boxer Rolls Political Dice, Climate Bill Moves Onto Senate Floor 3 votes
- Spudding Restart in Pennsylvania Key to Cabot Oil & Gas Success 2 votes
