Premier Oil is to acquire EnCore Oil for approximately £221 million, the two companies have announced.

London, UK-based Premier said the acquisition is in line with its strategy of acquiring high quality assets. The deal will increase its interest in UK Licence PL1430, including the Catcher field, by 15 per cent, taking its overall interest to 50 per cent. It will also provide Premier with operatorship of the Catcher area.

Catcher is one of the largest discoveries in the UK North Sea in recent years.

SunPower Corp expects to start construction on the 25-megawatt McHenry Solar Farm in Modesto, California before the end of the year, according to an announcement made today.

The solar photovoltaic power project received unanimous approval by the Stanislaus County planning commission on September 15, 2011. During construction, it is expected to create up to 144 construction jobs and inject approximately $18.7 million into the local economy.

Dubai-based port operator DP World has announced that London Gateway, the UK’s newest port, is due to open in the fourth quarter of 2013.

The port will have an initial capacity of 1.6 million TEU (twenty foot equivalent container units), and is expected to boost the UK’s economy by an estimated £3.2 billion per annum.

Canadian engineering, construction and infrastructure group SNC-Lavalin has acquired Interfleet Technology, an international rail technology consultancy group headquartered in Derby, United Kingdom.

Interfleet specializes in rolling stock, railway systems and strategic railway management.

Neil Robinson, managing director of WearCheck, talks to Jayne Alverca about the value the company can add to a myriad of operations that rely on oil-lubricated plant and equipment.

Timezone has a time honoured format but is ahead of the games industry in every important respect, offering value for each dollar the customer spends.

Turkey is something of an unknown and misunderstood place; but as Alan Swaby learns, there is at least one mining entrepreneur who has complete faith in its future.

Considering the amount of exploration that’s taken place in some of the most obscure corners of the world, it’s something of a surprise that Turkey’s mineral resources are so underdeveloped. At least it is to Alan Clegg, founder and CEO of Red Crescent Resources (RCR)—although he’s not complaining too much, as it leaves the field wide open for RCR at the moment.

Praxair is the largest industrial gases company in North and South America and one of the largest worldwide, expecting global sales in 2011 to exceed $11 billion. Praxair India is one of its strongest subsidiaries, bringing to Indian customers a high quality service culture unique to Praxair globally.

Platinum producer Lonmin has agreed to sell a controlling stake in its Limpopo Baobab mining division to black empowerment group Shanduka.

Lonmin said the deal will enable it to work with Shanduka to develop Limpopo on a manageable scale, as well as furthering Shanduka’s strategy of operating mining assets in chosen commodities.