News

Australian oil explorer Roc Oil said the premium Murmanskaya jack up drilling rig has started drilling in block 22/12 at Beibu Gulf, offshore China.

The drilling was delayed for up to two weeks due to malfunctions with the rig equipment. Roc has a 40% interest in the block.

Materials science company EAG said it has formed a board committee to consider proposals to acquire all or part of the company.

The AIM-listed group also announced the appointment of Martin Hopcroft as chief financial officer with immediate effect.

Software group SciSys has won a contract worth more than £5m with Arqiva.

Under the terms of the deal, SciSys will deliver network monitoring solution as part of the UK's digital switch over project.

Marketing support services firm Delling said its finance director James Robinson has resigned his directorship to pursue other business interests.

Svante Goden, who joins from Ernst & Young in Stockholm where he was a senior manager in the corporate finance department, has been named as new finance director.

Ultrasis has entered into an agreement with Opening Doors under which the New Zealand-based psychological healthcare services provider will act as a distribution partner for Ultrasis' flagship product, Beating the Blues (BtB).

The group said the deal, while not large in financial terms, is significant in underpinning BtB's first large-scale demonstration project in the Southern Hemisphere.

Wireless carriers Sandvine Corporation saw revenue grow by 133% to C$73.7m (Canadian dollars) for the year. Net income grew to C$19m from a net loss of $0.4m last year.

AIM-listed Serviced Office announced the appointment of Catherine McEwan as its new chief executive.