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Ramco Energy

Ramco Energy has acquired Eagle HC, the owner of royalty interests in nine North Sea licences, for an initial £1.2m.

Ramco Energy has sold Ramco Oil Services, the Aberdeen-based company with 180 staff worldwide, to a management buy-out for £14m.

Ramco Energy has acquired Northern Exploration of Ireland from Northern Petroleum for £2m.

Ramco Energy is forming an alliance with TotalFinaElf to develop the shallow water Gunashli oil field in Azerbaijan.

Ramco Energy is acquiring JKX, the oil explorer that operates in Georgia and Ukraine, for £54m, and is expected to look for a big oil company to help operate the Ukranian assets.