Siemens Energy ties with Rolls-Royce on small modular reactors
A nuclear power division of Rolls Royce has struck a partnership agreement with Siemens Energy to roll out small modular reactors (SMRs), a type of distributed nuclear power plant.
Rolls-Royce
Rolls Royce makes shortlist for UK’s new mini nuclear plants
The UK named four companies, including a division of Rolls Royce Plc, to proceed to the next stage of a contest to build the country’s first small modular nuclear power plant, a potentially key technology for reaching net-zero emissions.
UK pledges £350m for nuclear defence and energy by 2030
UK Prime Minister Rishi Sunak is committing hundreds of millions of pounds over the next decade to Britain’s nuclear deterrent and energy infrastructure as part of a “critical national endeavour” to safeguard the industry and protect the country.
Rolls-Royce names ex-BP executive as CEO to succeed East
Rolls-Royce has named BP veteran Tufan Erginbilgic as its next chief executive officer, replacing Warren East when he steps down at the end of this year.
Qatar takes Rolls-Royce small nuclear plans over the line
The Qatar Investment Authority (QIA) has reached a deal with Rolls-Royce to invest in new small-scale nuclear power.
Protium announces new board appointments after completing funding round
Green hydrogen firm Protium has announced a handful of new board appointments to support its accelerating strategic plans.
FTSE 100 dragged lower by Rolls-Royce, National Grid and BP
London’s blue-chip FTSE 100 Index fell 106.54 points, or 1.73%, to 6,049.62 as Covid-19 continued to weigh heavily on the world’s leading financial markets today.
Rolls-Royce agrees to sell commercial marine business to Kongsberg for £500m
Rolls-Royce has agreed to sell its loss-making commercial marine business to Norwegian firm Kongsberg for an enterprise value of £500 million.
Northern Scotland protection call over Rolls-Royce job cuts
Plans by Rolls-Royce to cut 4,600 jobs over the next few years have sparked calls to protect posts at the engineering firm’s bases in northern Scotland.
Rolls-Royce says its first baby nuclear reactor will be ready by 2030
Rolls-Royce Holdings Plc says it will take 12 years to build its prototype small nuclear reactor in the U.K.
Rolls-Royce restructuring will see sell off of oil and gas supply unit
Shares in Rolls-Royce rose sharply on Wednesday after the engine maker announced a wide-ranging restructuring that could include a sale of its commercial marine business.
Rolls-Royce ex-executives plead guilty to US bribe charges
Two former Rolls-Royce Holdings Plc executives pleaded guilty to U.S. charges that they orchestrated international bribes over more than a decade, continuing an Obama-era effort to hold individuals responsible for corporate misconduct.
Rolls Royce posts strong profit, despite weak marine showing
Rolls Royce today reported a healthy profit for the first half of the year.
Amec FW scoops £2.9m nuclear research project
Energy service firm Amec Foster Wheeler (AFW) will lead a UK Government funded nuclear power research programme after winning a £2.9million contract.
Rolls-Royce to axe 800 jobs as it battles low oil
Around 800 jobs are being axed worldwide at Rolls-Royce as the group announced plans to slash costs in its embattled marine business.
Rolls Royce cuts 150 jobs in Norway
Rolls Royce has said 150 jobs will go from its operations in Norway.
Rolls Royce reduces marine division headcount by 400 due to oil slump
Engine maker Rolls-Royce said it will cut an extra 400 jobs from its marine division due to the continued slump in the price of oil.
Siemens builds on airline technology for oil and gas industry
German engineering giant Siemens has developed a new turbine for the oil and gas industry based on the Rolls Royce jet engines that have powered thousands of the world's airliners.
Rolls-Royce lands £24m subsea contract
Power systems company Rolls-Royce has been awarded a £24million subsea contract for work in Norway. It will supply a module handling system to the subsea construction vessel Aker Wayfarer, which was built in 2010.