Alstom has struck a deal with Rolls-Royce to acquire Tidal Generation Limited (TGL), a wholly-owned subsidiary based in Bristol for a so far undisclosed sum.
Total has reached a farm-in agreement with Marathon Oil to acquire interest in two of its blocks in the Kurdistan Region of northern Iraq. The French group was immediately blacked by the central Iraqi government for having done so, thus joining Exxon and Chevron on the banned list. This is because Baghdad claims such deals are illegal, while the Kurds insist that they are legal.
Technip has scored yet again in the US Gulf of Mexico, this time by winning the front-end engineering design (FEED) contract for phase two of BP's Mad Dog development.
Technip has won a large SURF (subsea umbilicals, risers and flowlines) contract in support of the Chevron-operated Wheatstone LNG development offshore Western Australia.
NORWEGIAN shipyard Ulstein has delivered the seismic research vessel Oceanic Sirius to Eidesvik Offshore in joint venture with CGGVeritas.
Construction work on Total's new gas-treatment plant at Sullom Voe, Shetland, got under way yesterday despite a late hitch in the French group's ceremonial peat-cutting plans.
The £2.5billion Laggan-Tormore project on the UK Atlantic Frontier has finally been approved and should, once onstream, deliver some 1trillion cu ft of gas to the UK market, plus significant volumes of condensate internationally, starting in 2014.
AT LAST, Total has started appraisal drilling of its Norwegian sector Hild asset, which is located close to the UK-Norway median line and the French group's Alwyn fields complex.