News

29/11/2013

BRUSSELS, Nov 29 (Reuters) - French electrical gear maker Schneider Electric  secured European Union regulatory approval on Friday for its 3.4-billion-pound ($5.56 billion) acquisition of British engineering company Invensys. The deal, an... Read More

28/11/2013

PARIS (Reuters) - SITA UK, a subsidiary of French water and waste group Suez Environnement , said on Thursday it signed a 900 million-euro ($1.22 billion) deal with the West London Waste Authority to recover energy from residual waste over th... Read More

27/11/2013

KIEV, Nov 27 (Reuters) - Ukraine plans to sign a $4 billion offshore gas and oil production-sharing agreement on Wednesday with Italian group Eni and France's EDF , the UNIAN news agency reported. "The agreement will be signed today,&... Read More

26/11/2013

LONDON, Nov 25 (Reuters) - Petrofac said a joint venture with South Korea's Daelim Industrial Co had won a $2.1 billion contract for a refinery project from Oman Oil Refineries and Petroleum Industries Company (ORPIC). The three-year ... Read More

21/11/2013

OSLO, Nov 21 (Reuters) - Offshore accommodation rig provider Prosafe  has signed a $98.2 million contract with BP to provide its Safe Concordia vessel in the U.K. sector of the North Sea for 13 months from sometime in 2015. "In addit... Read More

20/11/2013

FRANKFURT, Nov 20 (Reuters) - German industrial machinery and process engineering group GEA has launched the sale of its Heat Exchangers division, hoping to fetch a price of roughly 1.2 billion euros ($1.6 billion), three people familiar with the ... Read More

18/11/2013

DUBAI (Reuters) - Rolls-Royce Plc said on Sunday it had won a $5 billion order from Abu Dhabi's Etihad Airways for Trent XWB engines to power 50 Airbus A350 aircraft. The order includes long-term care of the engines, Rolls-Royce ... Read More

16/11/2013

DUBAI, Nov 16 (Reuters) - Abu Dhabi's Etihad Airways is in talks to order as many as 75 Airbus  jets, including around 50 of the European planemaker's long-haul A350, industry sources said on Saturday. The roughly $16 billion orde... Read More

13/11/2013

New deal follows previous $5.3 bln crude agreement * Also follows arrival of former BP top trader at Rosneft * BP, major Rosneft shareholder, keen to expand cooperation By Vladimir Soldatkin MOSCOW, Nov 12 (Reuters) - Top Russ... Read More

12/11/2013

LONDON, Nov 12 (Reuters) - Engineering contractor Babcock posted a 17 percent rise in profits in the first half of the year, driven by increased work on submarine and warship programmes in Britain, Canada and Australia. Pre-tax profits at the ... Read More

08/11/2013

OSLO, Nov 8 (Reuters) - Statoil has proposed building a subsea pipeline twice as big as needed to take gas from Norway's giant new Johan Sverdrup oil and gas field to cater for future finds which could be tied into the new line, gas system ope... Read More

07/11/2013

LONDON (ShareCast) - - Half-year operating profits four rise per cent - Order intake rises on software growth - Revenue falls on decline in industrial automation - Takeover offer from Schneider Electric Engineering and technology info... Read More

06/11/2013

Manufacturing output in Britain increases in September, reversing August's fall, as car production drives growth British manufacturing rebounded in September, as an increase in UK car production helped the sector to post stronger than expe... Read More

04/11/2013

Nov 4 (Reuters) - Boeing is in advanced talks with a leading union to assemble its new 777X jet and build its wings in the Seattle area, a source familiar with the negotiations told Reuters. Under the proposed deal, final assembly of the ... Read More