UK in Israel oil bid

BG (formerly British Gas) has been awarded three permits to explore for oil and gas off Israel’s Mediterranean coast. The 18-month permits cover about 1 million ha in three adjacent offshore zones.

Energy supply moves

Nuclear generator British Energy is to buy the electricity supply business of Welsh utility Hyder for £105m in a move to become a competitive force in all sectors of energy supply.

Shift row solution

A dispute over shift patterns at Land Rover should be resolved this week. Workers at the Solihull site downed tools two weeks ago over a new Friday evening shift. They are being balloted on amendments this week.

Engineers win prizes

Engineers who invented a tiny gyroscope of vibrating silicon, the first free-standing carbon fibre yacht rig, digital TV and the Millennium Dome were this week named finalists for engineering’s richest prize, the Royal Academy of Engineering’s £50,000 MacRobert Award. The winner will be announced in November.

Thai water deal

Thames Water has won a $25m (£15.7m) five-year contract with the Provincial Water Authority of Thailand to manage water distribution in an area north of Bangkok.

Weir water clean-up

Weir Group’s Entropie subsidiary has won a £15m contract for the supply of a desalination plant for the ALBA Aluminium plant in Bahrain. The plant is believed to be the biggest using low temperature distillation.

Yamazaki’s value

In our profile of Tomohisa Yamazaki on 18 June, the estimated turnover of the Yamazaki global machine tool business was mis-stated. It should have read `more than $1bn’.