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Drilling & production

Rio Tinto assumes control of Riversdale Mining Ltd

Rio Tinto has acquired a majority interest in Riversdale Mining Ltd, delivering control of significant tier one coking coal projects. Rio Tinto’s shareholding in Riversdale passed 50% and may increase further with the takeover offer remaining open until 20 April 2011.

 
 
 
 
 
 

AMEC awarded £ 60 million management contract by BP

AMEC, the international engineering and project management company, has been selected by BP Exploration and Production to programme manage their existing portfolio of onshore and offshore projects in the North Sea, estimated to be worth £60 million over the four year contract.

 
 

Coal, Cost and Culture: The Cultural Dangers of 'Strong-Arming'

April 2011: Kay Sever explains the dangers of 'strong-arming', this problem can be particularly prevalent at old mining properties which have seen many superintendents and managers come and go, all with different personalities and management styles.

 

Daewoo projects growth in LNG shipping market

South Korea's Daewoo Shipbuilding & Marine Engineering believes that the problems Japan has been experiencing with its nuclear reactors in the wake of the recent tsunami could lead to a further surge in orders for LNG ships.

 
 

GE Energy to acquire Converteam

GE Energy has entered into an agreement to acquire approximately 90% of Converteam, a leading provider of electrification and automation equipment and systems.