Tuesday 29 November 2011

Rolls-Royce connect £ billion deal in China

The transaction will be one of the largest unveiled to David Cameron in China visit and comes after a difficult week for the engineering firm.

"The agreement is a contract to supply and will be spread over several years, as most contracts of Rolls-Royce," said initiated the delegation in Beijing.There are no details on Rolls-Royce industries could have been awarded the contract, or buyer .the China is a purchaser of products aviation, marine and energy company, and demand nearly 3,000 new aircraft over the next 10 to 15 years could create a market of (£ remained) of $65bn for Jet engines.

Royal Dutch Shell should also sign an agreement important Tuesday, which could come in the form of a production sharing contract with PetroChina jointly develop a shale gas project in the province of the Sichuan.Si two wells show potential, Shell could invest up to billion $ per year in the development of research, according to Simon Henry, his chief financial officer.


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