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EDF and IFC sign agreement to promote rural electrification in Africa and globally

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The agreement is focused primarily on sub-Saharan Africa, with a pilot project under development in Benin. The first phase of this pilot is intended to provide electricity to 25 000 people, using hybrid solar-diesel networks and two biomassfired power plants. The project may be replicated in other parts of Benin, as well as other countries such as Mozambique, Tanzania and Myanmar. In signing this agreement, EDF and IFC expect to combine their expertise in order to develop cutting edge, affordable and sustainable solutions for rural electrifi... Read More »

BT and CWU reach 33 month pay agreement

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Under the agreement, ‘team members’ at BT will receive a 2.0% increase to their base pay from April 1, 2014 along with a flat rate increase of £200 which will be fully consolidated and pensionable. This will see the majority of employees receive an effective increase of between 2.5% and 3.2% in year one. Team members will then receive a consolidated and pensionable 2.5% increase to their base pay and pay-related allowances in both April 2015 and April 2016 with the latter change being effective until January 2017 at which point a new pay review... Read More »

Transcom divests Austrian Credit Management Services operations for EUR 15.0 million

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The consideration will be paid in cash at closing. The transaction is expected to close during August 2014, subject to regulatory approval. CMS Austria had a turnover of €16.3 million in 2013. This transaction is in line with Transcom’s strategy to focus on its core business – outsourced customer care solutions (CRM). ... Read More »

Planned LNG import terminal for Indonesia: GDF SUEZ continues its international development of gas infrastructures

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On signing the agreement, Jean-Claude Depail, Executive Vice-President, in charge of Infrastructures business line for GDF SUEZ, declared that “This new agreement represents a significant milestone in developing gas infrastructure projects in Indonesia as part of a long-term strategic partnership with PGN. This partnership is an important new example of the Group’s development strategy for international gas infrastructures that will facilitate access to energy supplies for countries experiencing rapid growth.” Experience acquired by the GDF ... Read More »

Alstom and Russian Railways sign an agreement to develop infrastructure projects

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The MoU includes cooperation in the field of technical consulting services, management of infrastructure projects, design of modern infrastructure facilities, quality assurance and quality control of construction works, exchange of knowhow and cutting edge technologies. “The unique expertise of RZD International in the construction and service of railway infrastructure in different geological and climatic conditions, coupled with Alstom’s cutting edge infrastructure design and technologies, will allow us to bring the best of global practices... Read More »

Vodafone wins hat-trick of contracts with International SOS

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Under the first agreement, Vodafone will manage mobility services for around 1,300 employees in a number of key markets. The new contract will help International SOS, which provides medical and travel security services to multi-national corporate clients, governments and non-governmental organisations, reduce the complexity of managing its mobile communications. With International SOS’ global communications becoming ever-more sophisticated, the Group has also signed a contract for Vodafone Telecoms Management. This suite of services allows I... Read More »

Technicolor to acquire Mr. X Inc., Toronto’s leading VFX Studio

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The acquisition expands Technicolor’s VFX services globally to high-end television and international film markets. MPC will continue to address leading projects for both its studio and advertising clients, while Mr. X will focus on high-concept TV production, genre features and international film co-productions. Mr. X and its clients will also be able to access Technicolor’s post production portfolio, proven operational excellence and leading technology solutions. Mr. X will operate as Technicolor’s VFX brand for television and become a wholly... Read More »

Intel enters into strategic agreement with Rockchip to accelerate, expand portfolio of Intel-based solutions for tablets

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Under the terms of the agreement, the two companies will deliver an Intel-branded mobile SoC platform. The quad-core platform will be based on an Intel® Atom™ processor core integrated with Intel's 3G modem technology. Expanding the offerings in Intel's SoFIA family of integrated mobile SoC platforms for entry and value Android mobile devices, the new quad-core SoFIA 3G part is expected to be available in the first half of 2015. It will be targeted primarily at entry and value tablets. The Intel SoFIA family was added to Intel's mobile produ... Read More »

Russia: Total combines efforts with Lukoil to explore and develop tight oil in the Bazhenov

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The JV will assess the technical feasibility of developing the tight oil potential of the Bazhenov formation initially on 4 licenses covering an area of 2,700 km² in Khanty-Mansi Autonomous District. Seismic acquisition will start in 2014 and exploration drilling will follow in 2015. Total will contribute its Lyaminskiy 3, Vostochno-Kovenskiy and Tashinskiy licences to the JV while Lukoil will add the Galyanovsky license. “Total’s entry into the Bazhenov play, one of the world’s largest shale oil formations, reinforces our position in non-conve... Read More »

Nasa signs agreement with citizen scientists attempting to communicate with old spacecraft

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The agency has signed a Non-Reimbursable Space Act Agreement (NRSAA) with Skycorp, Inc., in Los Gatos, California, allowing the company to attempt to contact, and possibly command and control, NASA’s International Sun-Earth Explorer-3 (ISEE-3) spacecraft as part of the company’s ISEE-3 Reboot Project. This is the first time NASA has worked such an agreement for use of a spacecraft the agency is no longer using or ever planned to use again. The NRSAA details the technical, safety, legal and proprietary issues that will be addressed before any... Read More »

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