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Energy - 1998

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Southern Energy of the US is seeking government approval to build a £450m gas-fired power station at Killingholme on the Humber Bank, creating more than 1,000 construction jobs over the next three years.
22-Dec-1998


Eastern Group is acquiring holdings in Citigen (London), BG Cogen, and Sheffield Heat & Power from BG for £16m.
22-Dec-1998


National Grid is to acquire New England Electric System, the US electricity group, for $3.2bn, as part of a strategy to generate more than 20% of its sales from outside the domestic power transmission sector.
14-Dec-1998


Scottish Power is to merge with PacifiCorp, the US electricity utility, in a £4.2bn deal, and the combined business will be named Scottish Power and based in Glasgow.
08-Dec-1998


Taylor Woodrow has sold its windfarm business First Windfarm to Westbury Windfarms, the joint venture between Foras Energy and International Wind Projects, for £5m.
04-Dec-1998


Electricite de France is set to acquire London Electricity, as its £1.9bn offer has been accepted by Entergy of the US.
01-Dec-1998


National Power is planning to sell the Drax power station in Yorkshire in order to win clearance to buy the supply business of Midlands Electricity for £180m.
26-Nov-1998


ASCo of Aberdeen is acquiring L&L Oil, the US supplier of fuels and environmental services to oil operators in the Gulf of Mexico, for undisclosed terms.
25-Nov-1998


Kvaerner's UK subsidiary has won a £100m contract to build a North Sea platform for Texaco, and up to 600 workers could be employed on the project.
24-Nov-1998


RJB Mining has submitted plans to reclaim two derelict pits on the edge of Sheffield at a cost of £5m, and 35 jobs will be created.
16-Nov-1998


Energy Direct is looking to recruit 200 sales people in Wolverhampton to sell gas and electricity on behalf of Scottish Power.
13-Nov-1998


El Paso and Global Energy of the US are planning to build Scotland's first independently-owned gas-fired power station on the site of the former British Gas experimental station at Westfield in Fife.
29-Sep-1998


Expro Group of Aberdeen has acquired Oliserv, the Australian well testing company, for undisclosed terms.
24-Sep-1998


Siemens Metering is acquiring Central Quantum Office, the North Tyneside-based manager of transactions for gas suppliers, from British Gas Trading for £14m.
21-Sep-1998


National Power is to build a £50m combined heat and power plant at Ellesmere Port, Cheshire, to supply electricity and steam to Bridgewater Paper Company.
16-Sep-1998


British-Borneo Petroleum Syndicate is to acquire Hardy Oil & Gas for £294m to create a new company called British-Borneo Oil & Gas, and this could herald the start of a new phase of consolidation in the sector.
15-Sep-1998


Rolls-Royce is planning to build a £28m combined heat and power plant to supply its Ansty factory, creating 120 construction jobs and 10 permanent jobs.
15-Sep-1998


ASCo UK, the provider of logistics services to the oil and gas industry, has won a contract from BP Exploration to provide production, supply base and ad-hoc marine services from Immingham, which will create an unspecified number of new jobs.
09-Sep-1998


Scottish Hydro-Electric is to merge with Southern Electric, to create a £4.8bn group based in Perth called Scottish & Southern Energy.
02-Sep-1998


National Wind Power is planning to build what is claimed to be Europe's biggest wind farm near Allendale, Northumberland, with 40 wind turbines, but local people are protesting against the move despite the promise of 250 manufacturing jobs linked to the development.
31-Aug-1998


Coretech Group, the Aberdeen-based provider of maintenance services to drilling rig owners, has raised £1m to fund an expansion programme that will double its workforce to 180 and result in the opening of a new office in Houston, Texas.
25-Aug-1998


BP is to acquire Amoco of the US for £30bn in what has been described as the world's biggest industrial merger, and about 6,000 jobs could be lost as a result.
12-Aug-1998


Alliance Resources, the oil and gas production company, is acquiring Difco, which will give it a stake in a number of blocks in the east Irish Sea.
01-Jul-1998


PowerGen has agreed to acquire East Midlands, the regional electricity supplier, for £1.9bn, and is also discussing a possible merger with Houston Industries of the US.
30-Jun-1998


Chevron of the US and Petroplus of the Netherlands are planning to reopen the Gulf Oil refinery in Milford Haven, south Wales, in order to make its storage capacity available to other companies and to supply the regional electricity network.
29-Jun-1998


Atlantic Power, the oil and gas production management company, is to merge with Petroleum Geo Services, the Norwegian seismic specialist, in a £63m deal.
23-Jun-1998


CPL Industries is acquiring UKPP, the oil distribution subsidiary of Powell Duffryn, for £29m, which completes Powell Duffryn's withdrawal from the fuel distribution business.
21-May-1998


Energy Group has announced the sale of the Peabody coal business in the US and Australia, as well as Citizens Power in the US, to the Lehman Merchant investment bank for £1.37bn.
21-May-1998


Eastern Group has selected County Antrim in Northern Ireland as the site for its first wind energy project, as it aims to produce 10% of its electricity from renewable sources by 2010.
14-May-1998


Enviros is acquiring Thomas Graveson, the generator of electricity from landfill gas, for £10m in its first move into the renewable energy sector.
14-May-1998


Scottish Coal has won contracts worth £400m to supply coal to Scottish Power, which will enable it to go-ahead with the £35m expansion of its Longannet complex in Fife.
12-May-1998


Expro International, the oil services concern, has acquired Tronic, the instrument and power systems company, for £14.8m.
02-May-1998


Texas Utilities has had its £4.45bn offer for Energy Group recommended by the UK electricity company's chairman following the withdrawal of PacifiCorp from negotiations.
01-May-1998


Celtic Energy is to develop a deep coal mine at Margam in South Wales, creating up to 300 jobs.
27-Feb-1998


Sibir Energy has launched a £62m recommended bid for Pentex Energy, its former parent company, which will give it the additional skills it requires for its new oil exploration interests in Russia.
17-Feb-1998


Burmah Castrol has sold its 50% stake in a Japanese LNG venture to Mitsui OSK Lines and Nissho Iwai Corporation for £42m, in order to focus on lubricants and speciality chemicals.
05-Feb-1998