Nov 22 - Britain's FTSE 100 .FTSE index is seen opening higher on Tuesday with futures FFIc1 up 0.25%.

* GSK: GSK Plc GSK.L has initiated a process to withdraw the U.S. approval for its blood cancer drug Blenrep.

* PETROFAC: Petrofac Ltd PFC.L

appointed

Tareq Kawash as the group's new chief executive officer.

* BABCOCK: Babcock BAB.L posted a 5% rise in half-year operating profit and said it was focused on controlling the impact of inflation on its business as the cost of wages and materials increase.

* AO WORLD: AO World AO.L flagged continued impact from a deepening

cost-of-living crisis

ahead of the key Christmas season.

* STRIKE; More than a thousand workers at British security company G4S have voted to

strike on Dec. 4

in a dispute over pay, trade union GMB said.

* NORTH SEA OIL & GAS PRODUCERS: British North Sea oil and gas producers will spend around $23.71 billion on dismantling over 2,000 unused wells and facilities in the ageing basin over the next decade, Offshore Energies UK said.

* SHELL: Shell SHEL.L said it will evaluate plans to spend up to 25 billion pounds in Britain over the next decade following the government's decision to increase a windfall tax on oil and gas producers.

* NATWEST: The Supreme Court declined to hear former Royal Bank of Scotland managing director Victor Hong's bid to collect a U.S. government whistleblower award of at least $490 million for reporting alleged misconduct related to the institution's sales of mortgage-backed securities.

* GOLD: Gold rose, recouping some of the declines from last session, as the dollar eased.

* OIL: Oil prices inched higher as the dollar weakened.

* For more on the factors affecting European stocks, please click on:

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

($1 = 0.8437 pounds)
Reporting by Prerna Bedi in Bengaluru; Editing by Dhanya Ann Thoppil