Wärtsilä, Ensco Ink Maintenance Deal
Wärtsilä, the leading global supplier of flexible and efficient power plant solutions and services, has signed a maintenance agreement with Ensco, a global provider of offshore drilling services to the petroleum industry. The agreement, signed in September 2015, will create both short- and long-term savings by optimising Ensco's assets and improving predictability…
Rolls Royce Sells Energy Gas Turbine Business To Siemens
Britain's Rolls-Royce Plc said it would sell its energy gas turbine and compressor business to German conglomerate Siemens AG for 785 million pounds($1.33 billion). Rolls, whose energy gas turbine and compressor business has around 2,400 employees, said Siemens would pay a further 200 million pounds for a 25 year licensing agreement granting access to relevant Rolls-Royce aero-derivative technology.