europe news

Sanofi-Aventis launches Genzyme bid

French pharmaceutical giant Sanofi-Aventis has launched an $18.5 billion bid for US biotech company Genzyme Corp.
Sanofi-Aventis launches Genzyme bid

Rockhopper shares rise after well test

Shares in Rockhopper Exploration jumped 7.8 per cent today following an update on flow tests at the potentially world class Sea Lion field in the North Falklands basin.
Rockhopper shares rise after well test

WorldÔÇÖs biggest offshore wind farm opens

The world's biggest offshore wind farm off the UK’s Kent coast is being officially opened later today.
WorldÔÇÖs biggest offshore wind farm opens

France T├®l├®com buys M├®ditel stake

France Télécom has bought a 40 per cent stake in Méditel, Morocco’s second-largest mobile operator, for €640 million, marking the first step in its strategy to boost its presenc
France T├®l├®com buys M├®ditel stake

Financing in place for Oman power projects

GDF Suez and its partners have secured $1.3 billion in financing for the Barka 3 and Sohar 2 independent power projects in Oman.
Financing in place for Oman power projects

Centrica to boost North Sea reserves

Centrica, the owner of British Gas, is to almost double its stake in the Norwegian Stratfjord field in a deal that will boost its expansion efforts in the North Sea.
Centrica to boost North Sea reserves

Hampson wins record tooling contract

British aero engineer Hampson Industries has received its largest ever tooling contract, worth $53 million (£34 million).
Hampson wins record tooling contract

Russia and Norway agree on Arctic border

Russia and Norway ended a 40-year dispute yesterday when they signed an Arctic border treaty, opening up the region to offshore oil and gas development.
Russia and Norway agree on Arctic border

Rio Tinto to expand diamond operations

London-based miner Rio Tinto has said it will spend £518 million expanding its diamond operations.
Rio Tinto to expand diamond operations

Air Liquide signs $450 million supply deal

French industrial gases company Air Liquide has said it will invest $450 million in two global-scale hydrogen production units to supply Saudi Aramco with hydrogen for its plann
Air Liquide signs $450 million supply deal

Tullow confirms Owo as major oil field

Tullow Oil has today announced a key new oil discovery in its Owo-1 exploration sidetrack in the Deepwater Tano licence offshore Ghana which confirms that its Owo well is now a

Tullow confirms Owo as major oil field

Jobs saved at Connaught

Around 2,500 jobs have been saved at troubled UK social housing group Connaught, after specialist construction group Morgan Sindall acquired the majority of its assets and contr
Jobs saved at Connaught

Virgin Money brings new jobs to Scotland

Virgin Money has created 200 jobs in Edinburgh as part of its strategy to firm up its foothold in the UK banking sector.
Virgin Money brings new jobs to Scotland

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