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Meggitt to acquire PSA for £428 million

Meggitt, the UK engineering group, has announced it is to buy US-based Pacific Scientific Aerospace (PSA) in a deal worth $685 million (£428 million).

Wood Group wins £100 million power contract

Aberdeen-based energy services company John Wood Group has won a £100 million power station contract in California.

Afghanistan launches mineral tenders

The government of Afghanistan has launched tenders for the exploration and exploitation of four project areas containing gold and copper deposits.

Afripalm signs steel mill agreement

South Africa's Afripalm Resources has signed an agreement with Steel Authority of India (SAIL) to build a steel mill in South Africa, according to a report in the Business D

Costain acquires ClerkMaxwell

Engineering and construction group Costain has snapped up 75 per cent of Aberdeen-based energy engineering consultancy ClerkMaxwell for £3.2 million.

Overberg Agri

France invests in Irish energy firm

DCNS, a French naval submarine and nuclear technology group, has paid €14 million for a stake in the Irish tidal energy developer OpenHydro.

Al Rashed International Shipping Company

The successful diversification of its business portfolio and service offering has made Al Rashed International Shipping Company one of the primary contributors towards the growt

AlpTransit Gotthard AG

Chief Construction Officer, Marco Ceriani, discusses the creation of the New Rail Link through the Alps (NRLA), a project that has been dubbed ‘the construction of the century’

Abbey Petkar

The managing director of Magenta Security Services gives us his thoughts on Richard Branson, the importance of charitable giving, and trusting your instincts.

Honeywell completes acquisition of Sperian Protection

Honeywell today announced it has completed its acquisition of Sperian Protection for approximately $1.4 billion.

Glencore Xstrata grows its stake in Mutanda Mining

Glencore Xstrata has paid $430 million in cash to increase its indirect interest in the Democratic Republic of the Congo (DRC) copper miner Mutanda Mining

Treated acid mine water generates power in Pennsylvania

The opening of a valve today allowed treated acid mine water from the Antrim treatment plant in Tioga County, Pennsylvania to power a turbine and begin generating electricity to