WorleyParsons has been awarded a three year contract by Shell Gas Iraq BV to provide project management support and services for the rehabilitation of gas facilities and infrastructure that are part of the scope of Basrah Gas Company (BGC). ...
Tags: Shell, Worleyparsons, Gas Contract
Asiacell‘s $1.35 billion share sale will be fully subscribed, bookrunner Rabee Securities has told Reuters. Shwan Ibrahim Taha, chairman Rabee Securities, said: “I knew there would be interest, I just didn’t know how ...
Tags: Asiacell, IPO, Rabee Securities
Australian iron ore development company BC Iron Limited has announced that in the quarter ended on December 31 it produced 1.08 million mt of iron ore, down one percent compared to the previous quarter, while its iron ore shipments in the ...
Tags: iron ore shipments, iron ore, iron, ore
Dutch financial conglomerate ING has agreed to dispose of its 26% stake in Indian joint venture (JV), ING Vysya Life Insurance Company, to its partner Exide Industries, for an undisclosed sum. As part of a previously disclosed divestment ...
Natural Resource Partners L.P. reported that it has acquired (1) a 48.51% general partner interest in OCI Wyoming L.P. and (2) 20% of the common shares and all of the preferred shares of OCI Wyoming Co. from subsidiaries of Anadarko ...
The auto industry has a very confusing family tree. The past few years have seen partnerships, sales, separations, bankruptcies, and entire divisions killed off, making it difficult to keep up with who owns which car brands. As automakers ...
Tags: auto industry, car brands, BMW
Brazilian bus manufacturer Marcopolo will buy about 19.99% stake in Canada-based New Flyer Industries with an investment of CAD116m ($116.7m). The secured investment will be used by New Flyer in its future development and diversification ...
Federal agencies, including the Defense Department, are facing unprecedented budget problems that are creating a new reality for government IT. IT managers are turning to agile development to speed up projects and to quickly show their ...
Tags: Federal agencies, government IT, IT industry
Prime Minister Nouri al-Maliki held talks with ExxonMobil chief Rex Tillerson (pictured) on Monday. AFP reports that the meeting was the first between the two since the firm signed an oil exploration agreement with Kurdistan in October ...
Tags: Maliki, Exxon Boss, Rex Tillerson, oil exploration agreement
Videogame maker Atari, which delighted a generation with vintage masterpieces such as Pong, Centipede and Lunar Lander, is immersed in its own life and death struggle. With arcade games predating the birth of many current generation ...
Tags: Atari, vintage masterpieces, game, bankrupt
The big news this week is the sale of famed jewellery and watch brand, Harry Winston, to the Swatch Group for $750 million plus their assumption of up to $250 million of pro forma net debt. Several analysts and industry observers see this ...
Tags: jewellery, watch, Harry Winston, diamond
Sony has expanded its portfolio of Android-based products with the Tablet Z, which is thinner and lighter than competing products from Apple and Google. This year tablet shipments are expected to total more than 240 million units ...
Tags: Sony, Android-based products, Tablet Z
Dell is said to be close to being bought out for about $24bn (£15.1bn) as the crisis amid PC makers takes its toll on one of the world's largest technology firms. The company, which has switched its focus from producing PCs to ...
Tags: Dell, PC, IT service
Sony on Monday expanded its portfolio of Android-based products with the Tablet Z, which is thinner and lighter than competing products from Apple and Google. This year, tablet shipments are expected to total more than 240 million units ...
Tags: Sony, Xperia Tablet Z, Tablet
SK Continental E-motion formed by SK Innovation and Continental has started manufacturing and distribution of lithium-ion based battery systems across the globe for cars and light commercial vehicles. SK Innovation and Continental, which ...
Tags: SK, Continental E-motion, battery systems