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Daily Telegraph: Database: Energy: Saturday 2 September 2006

• BG has found a gas-condensate field in the central region of the North Sea. Shares rose the highest in five weeks.

• Fugro, surveyor of deepwater oil fields, agreed to buy Rovtech, a UK provider of offshore services using remotely operated vehicles, for €51m (£34m).

• US regulators have proposed closing a gap that allowed BP inadequate inspection of its Alaska pipelines.

• Shares of Linde, a German industrial gases maker, rose for a third day as its £8bn purchase of BOC nears completion.

• Turkey’s energy market regulator fined 28 fuel distributors, including the Turkish arm of Royal Dutch Shell, a total of 1.7bn liras (£608m) for distributing fuel to service stations that didn’t have licences.

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