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.


Valero Energy Corporation has announced the completion of its acquisition of the Meraux refinery in Louisiana from Murphy Oil USA Inc, for $325 million.

In addition to the refinery, the purchase price includes an adjacent product terminal, a 20 percent equity interest in the Collins Product Pipeline and T&M terminal, and a 3.2 percent interest in the Louisiana Offshore Oil Port (LOOP).

Inventories valued separately at approximately $260 million were also purchased.


London-based engineering and project management company AMEC has been awarded the front-end engineering and design contract for development of the Cygnus field in the southern North Sea.

The £50 million contract, which was awarded by GDF SUEZ E&P UK, is a front-end engineering & design (FEED) contract, which includes the option to proceed into detailed design and procurement services.


BHP Billiton has completed its acquisition of the HWE Mining subsidiaries which provide contract mining services to its Western Australia Iron Ore operations.

The acquisition from Leighton Holdings follows a previously announced Heads of Agreement signed on 9 August 2011, relating to the mining equipment and related assets that service the Area C, Yandi and Orebody 23/25 operations which collectively account for almost 70 per cent of Western Australia Iron Ore’s total material movement.