Norway’s AGR Group has agreed to sell its field operations business, AGR FO, to the Norwegian subsidiary of Oceaneering International.

Headquartered in Bergen, Norway, AGR FO is a provider of inspection, maintenance, subsea engineering and field operations services, principally to the oil and gas industry.

Vancouver-based Silvercorp has acquired China’s SX Gold Mining Company for US$22.75 million, it has been announced.

The company has made the purchase through its 77.5 percent owned subsidiary Henan Found Mining Co. A payment of $19.6 million has already been made, with the balance due upon completion of the share transaction and the transfer of the mining and exploration permits. 

UK automotive output has recovered to pre-recession levels, according to a report released today by the Society of Motor Manufacturers and Traders (SMMT).

The SMMT’s 12th Annual Sustainability Report showed that manufacturing turnover in 2010 was up 20 per cent year-on-year to £49 billion, while output was up 27.8 per cent—a return to pre-recession volumes.

The number of vehicles exported rose by 31 per cent, totalling £29 billion in value.

Kraft Foods Southern Africa is in the spotlight as the region becomes an increasingly important revenue stream for the world’s second largest food company.

Dr Adel Hamad, CEO of GARMCO, shares some of the strategic insights that have enabled the Bahrain-based aluminium rolling operation to become a leading global player.

In an age obsessed with dwindling natural resources, aluminium enjoys a wonderful natural advantage. Bauxite, from which aluminium is extracted, is the most abundant metal element in the earth’s crust. It also enjoys a unique versatility, finding its way into countless applications ranging from moon-bound exploratory shuttles to curling foil in the hair salon.

International carrier Djibouti Telecom already has the strongest presence in Eastern Africa. Now it has ambitious plans to expand further across the region and become the gateway to Europe. General manager Abdourahman Mohamed Hassan talks to Jayne Alverca.

DHL is the global market leader in the logistics industry. At a time when many market sectors are struggling to find growth, we look at the key role DHL’s Supply Chain division plays in keeping its customers within Eastern Europe, Middle East and Africa competitive.

Continental Coal Ltd has rapidly shifted from being a junior player in the coal exploration market to achieving profitability as a mid-tier producer. CEO Don Turvey talks to Jayne Alverca.

Megaprojects don’t get much more ambitious than South Africa’s Coega project, which aims to do nothing less than create a mass production and services environment from scratch. It is a vision that is being achieved in small steps—and one or two large ones.