“Technological advances in seismic imaging and drilling have allowed us to both discover and access this new field,” said Marvin Odum, Shell Upstream Americas Director. “This is another sizeable deep-water investment by ...
Tags: Shell, seismic imaging
The Board of Royal Dutch Shell plc (Shell) has taken the final investment decision on the Prelude Floating Liquefied Natural Gas (FLNG) Project in Australia (100% Shell), building the world’s first FLNG facility. Moored far out to ...
Shell originally sanctioned the project in October 2013 and announced in March 2015 that the project would be re-phased to take advantage of the market downturn to optimise design and retender certain contracts. After careful review of the ...
Chipmakers including Taiwan Semiconductor Manufacturing Company (TSMC), United Microelectronics (UMC) and Micron Technology have been informed by their upstream suppliers that prices for 12-inch blank silicon wafers will rise by up to 20% ...
Tags: Blank Wafers, Semiconductor
Dutch components manufacturer for material handling systems, Qimarox has introduced a new standard stretch hood machine. The new packaging machine, an addition to the company’s range of material handling components, can be ...
Tags: Qimarox, Stretch-Hood Machine
Nutella and Tic Tac maker Ferrero International has announced to acquire some of the brands of UK based food manufacturer United Biscuits for an undisclosed sum. The Italian chocolatier is planning to buy Belgian cookies Delacre and ...
Barry Callebaut has published its new sustainability strategy “Forever Chocolate” with the ambition to move sustainable chocolate from niche to norm in less than a decade. Barry Callebaut CEO Antoine de Saint-Affrique said: ...
Tags: Barry Callebaut, Chocolate
Alpiq and Groupe E, together with their partners, are merging their charging networks for electric cars. This will offer customers access to more than 300 charging stations in Switzerland. The joint network, which will continue to be ...
Tags: Alpiq, Groupe E, Electric Cars
Toyota Motor has developed the world's first method for observing the behavior of lithium ions (Li-ions) in an electrolyte when a Li-ion battery charges and discharges. By using this method, it is possible to observe in real-time, the ...
Tags: Toyota Motor, Lithium Ions
Daimler Trucks North America (DTNA) held its biennial aftermarket conference ‘Evolution’ recently, with a focus on the company evolving to meet customer needs. The event is the only conference of its kind that includes all ...
Tags: Daimler Trucks, Customer Needs
For some time now, we've been seeing patents emerge for foldable phones, with Samsung perhaps being the most high-profile company to register such designs. But it seems Tim Cook isn't to be outdone in that department, as AppleInsider has ...
Tags: OLED Display, iPhone, Apple
Bosch is planning to invest nearly EUR400m in the US over the course of the current year, about one-fifth more than in 2015. Bosch’s headcount is also expected to rise, from 17,800 associates at present to more than 18,800 by early ...
Confectionary giant Mondelez's Malaysian subsidiary has announced to invest MYR21m ($4.7m) to expand production of the belVita line of breakfast biscuits at it manufacturing plant in Johor state. The expansion is to boost its supply of ...
Samsung recently announced its plans to acquire connected car tech firm Harman, in a deal worth $8 billion – the company's largest ever acquisition. The move prompted many to speculate that Samsung could use Harman audio technology ...
Tags: Samsung, smartphone
OnePlus co-founder Carl Pei described the OnePlus 2 as "a failure" during last week's OnePlus 3T announcement – and now we know why. In an exclusive interview with TrustedReviews at the London launch of the OnePlus 3T, Pei revealed ...
Tags: OnePlus 2, smartphone