Rolls-Royce (LON:RR) has won new contracts valued at over US$110 million for energy projects in Europe, Africa, India and the Middle East. As part of these contracts, Rolls-Royce will deliver both power generation and pipeline transmission products and services.
Faroe Petroleum (LON:FPM) announced the farm-out to Canadian Overseas Petroleum, of West of Shetland licence P.1161 and the associated commitment to drill an exploration well on the Fulla prospect.
Mouchel Group (LON:MCHL) said that its expectations for the year to July 2011 remain unchanged and that several preliminary approaches have been received for the company.
Berkeley Resources (LON:BKY) announced the final results from the reverse circulation (RC) drilling program at Sageras, including the new north-west extension, and commencement of diamond drilling to obtain sufficient samples for Phase 2 of the Feasibility Study metallurgical test work program.
Final chemical assay results from the RC drilling program at Sageras extend the new north-west zone for 200 metres beyond the current resource outline.
Avanti Communications Group (LON:AVN) has signed a 3 year managed services contract with the Spanish service provider NASSAT - Network & Satellite Systems de España. Avanti services will be delivered via its HYLAS 1 satellite, successfully launched into orbit on November 26 2010.
Solo Oil (LON:SOLO) has appointed Neil Ritson as Executive Director to the Company with immediate effect.
Software Radio Technology (LON:SRT) has received a repeat order from an existing customer worth approximately US$900,000, taking its order book to US$8.1 million.
Petrofac (LON:PFC) has acquired a 20% interest in Gateway Storage, to progress and develop the Gateway Gas Storage project in the East Irish Sea. The cash consideration could be up to £33 million over time, funded from cash resources.