A five year agreement to supply subsea equipment and support services for the part Chevron Australia Pty Ltd owned Gorgon Project has been awarded to GE oil and gas business VectoGray.
Rivervale based Yellow Rock Resources Ltd and West Leederville based Whinnen Resources Ltd have been placed under a trading halt, following announcements on Tuesday.
West Perth based Straits Resources Ltd subsidiary, Straits Asia Resources Ltd, has posted a quarterly net profit of over $21 million ($US20.1 million), an increase of 139 per cent on the same quarter last year.
West Perth based Washington Resources has signed a joint venture agreement with exploration company Western Desert, allowing Western Desert to explore one of its Northern Territory tenements.
A 'large share' of the Federal Government's new $20 billion Building Australia Infrastructure fund must be set aside for building in Western Australia, Chamber of Commerce and Industry of Western Australia chief executive James Pearson said today.
West Perth based Otto Energy Ltd and mineral exploration company Metex Resources have both entered trading halts, pending an announcement due to be made on Friday.
Burrup Holdings Pty Ltd has announced its intention to establish a joint venture with Yara International, Burrup Nitrates Joint Venture, to build a c.350,000 tpa technical ammonium nitrate plant on the Burrup Peninsula in Western Australia's north west
Applecross based Hawk Resources Ltd has reached agreement to acquire 100 per cent of the issued capital of oil and gas exploration company New Standard Energy Ltd.
Overland Resources Limited has entered into subscription agreements with institutional, sophisticated and industry investors to raise $10 million through the issue of 20 million new shares at $0.50 per share, with the issue subject to shareholder approval
Malaga based Automotive Technology Group has raised its minimum subscription of $6m, in an Initial Public Offering to expand the global penetration of its emissions efficient supercharger technology.
Perth based mineral exploration company, Gryphon Minerals, will raise $10 million through the placement of 25 million ordinary shares at 40 cents each for exploration at its Banfora Gold Project in Burkina, West Africa.
West Perth based software solution company, Stratatel Ltd, has placed over 27 million full paid ordinary shares on offer in an effort to raise nearly $2.2 million.
Applecross-based global education services group Navitas Ltd has announced a joint venture between its part-owned student recruitment business, EduGlobal China Ltd, and online higher education company, Open Universities Australia (OUA).
Three new land development opportunities have been announced for Port Hedland as part of the State Government's accelerated land release program in the Pilbara.
Engineering company RCR Tomlinson has cut its forecast 2008 financial year net profits by $4.5 million, citing delays in a major contract project, as well as the increase in costs of several fixed price contracts.
Recruitment professionals are nervous about a slowing economy in the longer term but remain confident about the next quarter, according to a survey by the industry's peak body.
The Minister for Resources and Energy, Martin Ferguson, has awarded nine exploration permits, representing a $425 million investment in Australia's offshore petroleum sector.
The State Government's failure to provide meaningful tax relief to business in today's state budget suggests it is trying to future-proof its prospects at the next election, rather than safeguard the economy and reinforce business growth.
Business conditions among small to medium sized businesses (SMEs) in Western Australia decreased by 13 index points to 19 in the 2008 March quarter, but remain well above the national average of 15 index points, the latest NAB SME survey says.
Perth-based carbon offset provider Carbon Conscious Ltd has closed its IPO after raising more than $7 million and is expecting to list on the Australian Securities Exchange late next week.
Rio Tinto subsidiary Hamersley Holdings has increased its interest in AusQuest to 6.9 per cent following the exercise of five million options at 40 cents per share.
Murdoch University and a Malaysian clinical research organisation Info Kinetics have announced a joint venture to deliver accredited drug analysis services to the Western Australian market.
West Perth based mineral exploration company Lachlan Star plans to issue 300 million new shares at three cents per share in an effort to raise $9 million.
