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Bolt Threads secures $40m to spin synthetic spider silk

2015-06-08 14:21:00| Daily apparel & textile news and comment - from just-style.com

Growing engineered silk fibres in fermentation vats might sound more like science fiction than science fact, but a California-based start-up has secured $40m in funding to bring these "next generation" high performance fibres and fabrics to market.

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McDermott secures EPCI contract from Pemex for Ayatsil-C field

2015-06-05 01:00:00| Offshore Technology

McDermott International is to provide engineering, procurement, construction, installation (EPCI) and pre-commissioning services of the Ayatsil-C replacement jacket and associated deck installation as past of a contract awarded by Petróleos Mexicanos

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Shell Todd secures consent to continue offshore activities at New Zealands Maui field

2015-06-05 01:00:00| Offshore Technology

Shell Todd Oil Services (STOS) has secured marine consent to continue extracting, producing, and transporting natural gas and condensate from New Zealand's Mui offshore field.

Tags: field continue activities consent

 

Midas secures $53m deal to deliver fabricated parts for high-speed rail in China

2015-05-20 01:00:00| Railway Technology

Midas Holdings' subsidiary Jilin Midas Aluminium Industries (Jilin Midas) has received a series of contracts worth CNY328.9m ($53m) to deliver high-speed train car body components in China.

Tags: china parts deal deliver

 

Orange secures EC approval of EUR 3.4 bln Jazztel takeover

2015-05-19 14:34:00| Telecompaper Headlines

(Telecompaper) Orange has secured the European Commission's approval of its EUR 3.4 billion takeover of Spanish broadband operator Jazztel after agreeing to a series of concessions designed to address competition concerns by creating a fourth major player in Spain. Orange's commitments will "ensure that a new operator can enter the Spanish market and be able to compete effectively in markets involving fixed internet access services," said the EC in a statement. The EU's antitrust commissioner Margrethe Vestager added that the remedies would allow a new player to enter the market and compete as strongly as Orange and Jazztel so that "consumers in Spain would not suffer from higher prices for fixed internet access services." Orange won the EC's approval by agreeing to divest an independent FTTH network covering 700,000-800,000 households in Madrid, Barcelona, Valencia, Seville and Malaga, five of the largest Spanish cities. In addition, Orange committed to grant the purchaser of the FTTH network wholesale access to Jazztel's national ADSL network for up to eight years, a commitment that would allow the purchaser to compete immediately on 78 percent of Spanish territory, said the EC. Finally, the buyer would also be given wholesale access to Orange's mobile network including 4G services, if it does not already have access to a mobile network.

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