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September 2009
1. Economic
Indicators:
·
UK / London
·
US / NY
2. Investment
Indicators:
·
UK / US / Global
3. New
Investments:
·
US Investments into UK
·
UK Investments into US
4. Trade
Shows:
·
UK
·
US
1. ECONOMIC INDICATORS
UK
·
Total net
worth of the UK, including financial assets, at the end of 2008 was £6,954
billion. This is a decrease of £177 billion on the previous year. Detailed
figures of the country’s wealth show that the most valuable asset continues
to be housing with a total value of £3,923 billion. This is equivalent to
56% of the nation’s wealth, and is down 9% on the previous year.
·
Gross Domestic
Product (GDP) contracted by 0.7% in the second quarter of 2009. This has
been revised from a fall of 0.8% in the preliminary estimate of GDP, due to
upward revisions to production. GDP is 5.5% lower than the second quarter of
2008.
·
Consumer
Prices Index (CPI) annual inflation was 1.8% in July, unchanged from June.
·
Total
production output decreased by 0.6% in the second quarter of 2009 compared
with the previous quarter and fell 11.8% against the second quarter of 2008.
·
Manufacturing
output decreased by 0.2% in the second quarter of 2009 compared with the
previous quarter and was 12.5% lower against the second quarter of 2008.
·
Output of the
Service sector fell by 0.6% in the quarter to June 2009 compared with the
quarter to March.
·
Output price
annual inflation for all manufactured products fell 1.3% in July. Input
price annual inflation fell 12.2% in July from a fall of 11.8% in June.
·
The
unemployment rate was 7.8% for the three months to June 2009, up 0.7% over
the previous quarter and up 2.4% over the year. The number of unemployed
people increased by 220,000 over the quarter and by 750,000 over the year,
to reach 2.43 million. The employment rate for people of working age was
72.7% for the three months to June 2009, down 0.9% from the previous quarter
and down 2.0% over the year. The number of people in employment for the
three months to June 2009 was just 28.93 million, down 271,000 over the
quarter and down 573,000 over the year.
·
Average
earnings including bonuses rose by 2.5% in the year to June 2009, up from
the May rate of 2.3%. Average earnings excluding bonuses, or regular pay,
rose by 2.5% in the year to June 2009, down from May rate of 2.6%.
·
The public
sector showed a deficit on current budget of £5.1 billion in July 2009,
compared with a surplus of £7.8 billion in July 2008.
·
The volume of
retail sales in July 2009 was 3.3% higher than in July 2008.
·
Business
investment for the second quarter of 2009 is estimated to be 10.4% lower
than the previous quarter and 18.4% lower than the same period last year.
·
During April
to June 2009, the number of visits to the UK by overseas residents increased
4% to 7.7 million when compared with the previous three months. Associated
spending by overseas residents on visits to the UK remained broadly the same
at £4.2 billion. Over the same period, the number of visits abroad by UK
residents remained broadly the same at 15.2 million, while the associated
spending decreased by 8% to £7.6 billion.
·
During the 12
months to June 2009, the number of visits by overseas residents to the UK
decreased by 8% when compared with the 12 months to June 2008, from 33.1
million to 30.5 million. In the 12-month period to June 2009, the number of
visits abroad by UK residents, decreased by 10% when compared with the 12
months to June 2008, from 70.9 to 63.5 million.
·
The UK's
deficit on trade in goods and services was £2.2 billion in June, compared
with a deficit of £1.9 billion in May.
For previously
released UK economic indicators visit National Statistics
http://www.statistics.gov.uk/default.asp
LONDON
·
In the most
recent 28-day period (from May 31, 2009 to June 27, 2009), London's
Underground and buses had 257.2 million passenger journeys; 179.4 million by
bus and 77.8 million by underground.
·
The moving
average annual rate of growth in passenger journeys decreased to 1.6% from
1.9% in the previous period.
·
The percentage
of the resident working age population who are unemployed and claiming
jobseeker’s allowance in London was 4.3% in July 2009. There were 218,800
unemployment claimants in London in July 2009 compared with 213,900 in June
2009.
·
London's annual growth in output decreased to –3.6% in Q1 2009
from an upwardly revised -0.9% in Q4 2008.
·
London's annual employment growth decreased to -0.6% in Q1 2009
from -0.2% in Q4 2008.
·
Annual house
price inflation in London was –18.2% in Q2 2009.
·
12.4 million
passengers traveled through London’s airports in July 2009.
·
The Synovate
Retail Traffic Index of shoppers in London was 85.6 in the second full week
of August compared to 90.7 in the previous week.
·
The Purchasing
Managers’ Index (PMI) of business activity recorded 52.1 in July 2009
compared to 51.8 in June.
·
The PMI for
the level of employment in London firms was 39.9 in July 2009 compared to
41.5 in June.
·
The RICS
survey shows a positive net balance of 31 for London house prices over the
past three months to July 2009. This net balance is up from 6 in June 2009.
US
·
Real gross
domestic product (GDP) decreased at an annual rate of 1.0% in the second
quarter of 2009. This follows a decrease of 6.4% in the first quarter.
·
Personal
income increased $3.8 billion, or less than 0.1%, and disposable personal
income (DPI) decreased $4.6 billion, or less than 0.1% percent, in July.
·
The U.S.
international trade deficit in goods and services in June 2009 increased
4.0% to $27.0 billion. Exports rose 2.0% to $125.8 billion and imports
increased 2.3% to $152.8 billion.
·
The U.S.
current account deficit decreased to $132.8 billion (3.7% of GDP) in the
fourth quarter of 2008, down from $181.3 billion in the third quarter. For
2008 overall, the U.S. current account deficit was $673.3 billion (4.7% of
GDP), down from $731.2 billion in 2007.
For previously
released US economic indicators visit US Bureau of Economic Analysis (BEA)
http://www.bea.gov/index.htm
NY
·
Private
employment fell by 4,500 in June, after a decrease of 3,700 jobs in May
(Source: New York State Dept. of Labor).
·
The
unemployment rate rose to 9.5% in June from 8.9% in May (Source: New York
State Dept. of Labor).
·
The Manhattan
hotel occupancy rate in June 2009 was 86.9 % down from 89.5% in June 2008
(Source: New York State Dept. of Labor).
·
The Manhattan
Class A office vacancy rate was 8.1% in July 2009, while the average asking
rent was $70 per SF (Source: New York State Dept. of Labor).
·
Passengers in
NYC area airports totaled 8.7 million in May 2009, down 8.3% from May 2008
(Source: New York State Dept. of Labor).
·
In July 2009,
the Manhattan Class A direct vacancy rate rose to 8.1% and the average
asking rate fell $12 PSF to $70 PSF (Source: Cushman and Wakefield).
·
In July 2009,
the Downtown Class A direct vacancy rate rose to 5.5%, while average direct
office rental rate fell $2 PSF to $53 PSF (Source: Cushman and Wakefield).
·
For the four
months ending June 2009: Building projects (including new, additions and
alterations) that started construction in NYC declined by 20.4% and,
infrastructure (non-building) project starts increased by 22.3% from the
four months ending June 2008 (Source: McGraw Hill Construction).
·
Planned space
for building project starts decreased 73.6% from the same period in 2008
(Source: McGraw Hill Construction).
·
729
residential buildings with 1,949 units of housing started construction,
decreases of 37.7% and 82.5% respectively from the previous year (Source:
McGraw Hill Construction).
·
There were
approximately 882,000 Broadway tickets sold during the four weeks ending
July 26, 2009, a 10.7% decrease from the same period last year. Broadway
revenue during this period was roughly $78.7million, a 4.4% increase from
last year (Source: The Broadway League).
·
In May 2009,
8.7 million passengers flew into and out of the region's airports, a
decrease of 8.3% from May 2008 (Source: Port Authority of New York and New
Jersey).
·
2.8 million
passengers traveled with international air carriers in May 2009, an 8.8%
drop from May 2008 (Source: Port Authority of New York and New Jersey).
·
In June 2009,
the average daily hotel room rate was $215, a 32.6% decrease from June 2008
(Source: PKF Consulting).
·
Hotel
occupancy was 86.9% in June 2009, down from 89.5 % in June 2008 (Source: PKF
Consulting).
·
The average
daily hotel room rate declined the most in lower-priced hotels (charging
between $125 and $175 per night) (Source: PKF Consulting).
·
Total
ridership on MTA subways, trains and buses in April 2009 was roughly 212.5
million, a decrease of 2.7% from April 2008. In April 2009, average New York
bus ridership was 62.2 million, a decrease of 2.6% from April 2008 (Source:
Metropolitan Transportation Authority).
2. INVESTMENT INDICATORS
UK / US/
Global
UK
Investment Position: First Quarter 2009
The UK surplus
on direct investment income was £9.8 billion in Q1 2009, up £3.7 billion on
the £6.1 billion surplus in the previous quarter. UK earnings on direct
investment abroad were £11.8 billion in the latest period, up from £3.6
billion in Q4 2008. In Q1 2009, there were earnings of £2.0 billion on
direct investment in the UK, compared with a loss of £2.5 billion in Q4
2008.
Portfolio
investment income recorded a deficit of £1.4 billion in Q1 2009, following a
surplus of £0.4 billion in the previous quarter. UK earnings on holdings of
foreign securities fell by £2.8 billion in Q1 2009, to £15.4 billion and
foreign earnings on portfolio investment in the UK fell by £1.0 billion in
the latest quarter, to £16.8 billion.
The deficit on
earnings from other investment fell by £1.5 billion to £4.9 billion in the
latest period. UK earnings on other investment abroad were £15.2 billion, a
decrease of £13.6 billion on the previous quarter. Foreign earnings on other
investment in the UK fell by £15.1 billion, to £20.2 billion.
The financial
account showed a net inflow (inward investment) of £10.6 billion in Q1 2009,
compared with a net inflow (inward investment) of £10.2 billion in the
previous period. There was net investment abroad of £2.6 billion in the
latest quarter, following net disinvestment of £641.5 billion in Q4 2008,
the highest on record. There was net investment in the UK of £13.2 billion
in Q1 2009, following net disinvestment of £631.3 billion in the previous
quarter, the highest on record.
Direct
investment abroad showed net investment of £32.4 billion in Q1 2009,
compared to net investment of £6.7 billion in the previous period. Direct
investment into the UK showed net investment of £34.2 billion in Q1 2009,
compared with net investment of £15.3 billion in Q4 2008.
Portfolio
investment abroad showed net investment of £38.3 billion in Q1 2009,
following net disinvestment of £107.0 billion in Q4 2008 and Portfolio
investment in the UK showed net investment of £122.2 billion in Q1 2009, the
highest on record, compared with net investment of £38.2 billion in Q4 2008.
Other
investment abroad showed net disinvestment of £19.9 billion in Q1 2009,
following net disinvestment of £517.9 billion in Q4 2008, the highest on
record. Other investment in the UK showed net disinvestment of £143.2
billion in Q1 2009, compared with net disinvestment of £684.8 billion in Q4
2008.
The UK
international investment position showed net external assets of £77.8
billion at the end of Q1 2009 compared with net external assets of £92.9
billion at the end of the previous quarter. UK assets abroad decreased by
£180.3 billion from the end of the Q4 2008 to a level of £6954.8 billion at
the end of Q1 2009. UK liabilities decreased by £165.2 billion over the same
period to a level of £6877.0 billion.
US Investment
Position: First Quarter 2009
In Q1 2009,
income receipts on US owned assets abroad decreased to $133.5 billion from
$166.8 billion. Income payments on foreign owned assets in the United States decreased to $112.4
billion from $143.8 billion.
Net financial
inflows were $47.1 billion in Q1 2009, down from $88.3 billion in Q4 2008.
US owned
assets abroad decreased $125.2 billion in Q1 2009, following a decrease of
$114.7 billion in Q4 2008. Foreign owned assets in the United States
decreased $78.1 billion in Q1 2009, following a decrease of $11.9 billion in
Q4 2008.
US direct
investment abroad increased $24.0 billion in Q1 2009, following an increase
of $84.5 billion in Q4 2008. Foreign direct investment in the United States
increased $35.3 billion in Q1 2009, following an increase of $96.8 billion
in Q4 2008.
Global FDI
2009 – First Quarter
Global foreign
direct investment (FDI) inflows and cross-border mergers and acquisitions
(M&As) – the main mode of FDI – drastically declined in the last quarter of
2008, and the fall has continued into 2009, UNCTAD data reveal.
FDI inflows
dropped by 54% per cent and M&As by 77% during the first quarter of 2009 as
compared to the same period last year. Prospects for FDI will remain gloomy
for the rest of the year, UNCTAD economists say.
According to
UNCTAD, the data on FDI flows available for the first quarter of 2009 reveal
a drastic plummet. The 54% decline was apparent among the 57 countries for
which quarterly data on FDI inflows were available as of mid-June 2009
(which account for roughly 60% of global inflows). Forty-three countries,
including major host countries such as Brazil, China, and the Russian
Federation, recorded declines.
FDI outflows
for the same period fell by 57% for 47 countries (accounting also for about
60% of global FDI outflows) for which such data are available. Thus, the
majority of these countries (37 out of 47), including major investors such
as France, Germany, Japan, and the United States, experienced declines in
FDI outflows in the first quarter of 2009.
3. NEW INVESTMENTS
US Investments into the UK
WealthEngine Opens Office in UK
WealthEngine, a Maryland-based
provider of sophisticated prospect research tools and analytics, has
announced that it is expanding into Europe with an initial hub in London.
The office, located in Covent Garden, will be headed by Vice President of
Sales, Justin Reynolds.
WealthEngine has been
serving the UK fundraising community with its wealth screening and its
FindWealth Online prospect research product since 2005. About 30 UK-based
premier charitable organizations rely on WealthEngine for their donor and
prospect research.
WealthEngine, 4339 Montgomery
Avenue, Bethesda, MD 20814. Tel: 001- 301 215 5980 Fax: 001- 301 215 5987
Email:
info@wealthengine.com
Website:
www.wealthengine.com
WealthEngine, Garrick House,
26-27 Southampton Street, Covent Garden, London WC2E 7RS. Tel: +44 (0) 20
7717 8483
Signature Devices Launches UK Office
California-headquartered software developer Signature Devices has announced
that its subsidiary, Graffiti Entertainment, Inc., has opened a European
office in London, England with the help of industry veteran Terry Malham.
Signature Devices Inc, 275 Shoreline Drive, Suite 120, Redwood City, CA
94065. Tel: 001-650 654 4800 Fax: 001- 650 654 4804 Email:
info@signaturedevices.com Website:
www.signaturedevices.com
Graffiti
Entertainment– USA, 275 Shoreline Drive, Suite 120, Redwood City, CA 94065.
Tel: 001-650 654 4800 Fax: 001- 650 654 4804 Website:
www.graffitientertainment.com
Graffiti
Entertainment – Europe, 1 City Road, London EC1Y 1AE Tel: +44 (0)20 8123
6300.
Primary Insight Opens Offices in London and Shanghai
New
York-based company Primary Insight, a provider of expert network services to
institutional investors globally, has announced
that it has opened offices in London and Shanghai. Headquartered in midtown
Manhattan, Primary Insight will now be able to provide ground level support
to its clients in the UK and Asia. Co-founder and Managing Partner Primary
Insight, 909 3rd Ave, New York, NY 10022-4731, Tel: 001- 212 644 8657,
Leighton Thomas, Managing Director & Co-founder Tel: 001- 646 216 5252
Email:
Leighton@primaryinsight.com Website:
www.primaryinsight.com
Bill & Melinda Gates Foundation to Open London office
One of
the world's largest charitable foundations is opening headquarters in
London. The Bill & Melinda Gates Foundation, which has a $30bn (£18bn)
endowment and awarded $2.8bn (£1.7bn) in grants last year, will employ up to
12 staff in the capital. The London office, which will open at the start of
next year, will act as the foundation's European office. It already has
offices in Washington DC, Delhi and Beijing in addition to its global
headquarters in Seattle. Joe Cerrell, director of global health policy and
advocacy at the foundation, will lead the UK-based team, which will attempt
to forge closer links with organizations in Europe that are funded by the
foundation. The foundation, which funds health and global development
initiatives, has awarded $3bn (£1.8bn) to European organizations since it
was founded.
The Bill
& Melinda Gates Foundation, PO Box 23350, Seattle, WA 98102. Tel: 001-206
709 3100 Email:
info@gatesfoundation.org
Website:
www.gatesfoundation.org
UK Investments
into the US
VIRTALIS
Opens US Office
VIRTALIS,
Europe’s leading advanced visualization company, has opened an office in the
US. The office, which includes a workshop and storage space, will act as a
service and installation hub for Virtalis’ US business, Virtalis Inc. There
is also an impressive meeting and demonstration suite, allowing visitors to
experience Virtalis technology for themselves. Centrally located in
Kettering, Ohio, two of the Virtalis hardware team will be permanently based
at the US Office.
Virtalis
Ltd, Chester House, 79 Dane Road, Manchester M33 7BP. Tel: +44 (0) 161 969
1155 Email:
info@virtalis.com Website:
www.virtalis.com
Virtalis
Inc, 1952 Woodman Center Drive, Kettering, Ohio 45420. Tel: 001-
937 534 9600 Email:
virtalisinc@virtalis.com
Teknek
Plans North Carolina Facility
UK-based
Teknek, a manufacturer of web cleaning equipment, has announced plans to
open a new facility in Charlotte, North Carolina. The new facility, which is
hoped to be fully operational in September 2009, will house sales and
service, as well as a North American fulfillment center and consumable
production capacity.
Teknek,
River Drive, Inchinnan Business Park, Renfrew, Renfrewshire, PA4 9RT Tel:
+44 (0) 141 568 8100 Fax: +44 (0) 141 568 8101 Email:
teknek@teknek.com, Website:
www.teknek.com
Teknek
USA, Tel: 001-888 455 1529 Fax: 001-888 455 5624 Email:
ussales@teknek.com
GxP
Consulting Announces New Expansion Strategy into US and UK Markets
UK –
headquartered GxP Consulting, a leading provider of compliance services to
the pharmaceutical and biopharmaceutical industries, announced expansion
plans in the US and UK markets. Led by Mark Stevens, managing director at
GxP Consulting, the company has launched a strategy to expand services and
support to customers in Europe and America in order to help businesses rise
to the challenges currently being faced across the industry. As part of this
expansion, GxP Consulting announces a strategic new facility in Irvine,
California, to support increased activity in North America. Secondly,
expansion in the UK has led GxP Consulting to move its headquarters into a
new larger purpose-built facility in Nottingham. With a dedicated team of 40
consultants in place, GxP Consulting is ideally placed to move forward with
its new growth strategy and improved customer support in both regions.
GxP
Limited, Unit 13 Poplars Court, Lenton Lane, Nottingham NG7 2PW. Tel: +44
115 924 8477 FAX: +44 115 924 8472 Email:
info@gxpeu.com Website:
www.gxpeu.com
4. TRADE SHOWS
UK
September
11-20, 2009 - Southampton Boat Show - Mayflower Park, Southampton
Website:
www.southamptonboatshow.com
This show
boasts one of Europe’s largest purpose-built marinas. In 2008 visitors were
treated to a bumper year with over 600 exhibitors and more than 1,000 boats
on display.
Contact: Sara
Jones, Commercial Assistant Tel: +44 (0)20 7894 0419 Email:
Sara.Jones@mail.doc.gov
September 13,
2009 - The Emergency Services Show -Hullavington Airfield, Wiltshire
Website:
http://www.theemergencyservicesshow.com
The Emergency
Services Show 2009 is the definitive event for promoting multi agency
collaboration within the UK’s emergency services.
Contact:
Andrew Williams, Commercial Specialist Tel: +44 (0)20 7894 0419 Email:
Andrew.Williams@mail.doc.gov
September
22-24, 2009 - Helitech 2009 - Imperial War Museum, Duxford, Cambridge
Website:
http://www.helitech.co.uk/
"The premier
showcase for the world's helicopter industry".
Contact: John
Coronado, Commercial Officer Tel: +44 (0)20 7894 0419 Email:
John.Coronado@mail.doc.gov
September
24-27, 2009 -100% Detail - Earls Court London
Website:
http://www.100percentdetail.co.uk
100% Details
gives visitors the opportunity to connect with over 150 exhibitors
presenting the latest, innovative building products and materials.
Contact:
Cheryl Withers, Commercial Assistant Tel: +44 (0)20 7894
0419 Email:
Cheryl.Withers@mail.doc.gov
October 7-8,
2009 - Energy Solutions Expo 2009 - London Olympia
Website:
www.energy-expo.info
Energy Solutions Expo is the UK’s fastest growing energy event.
Contact: Richard Stanbridge, Senior Commercial Specialist Tel:
+44 (0)20 7894 0419 Email:
Richard.Stanbridge@mail.doc.gov
October 14-15,
2009 - Data Storage Expo - InterContinental London Park Lane, London
Website:
http://www.storage-expo.com
Storage Expo, the UK’s definitive event for data storage,
information and content management, provides the opportunity to compare the
most comprehensive range of solutions and meet all the leading UK suppliers.
Contact: Andrew Williams, Commercial Specialist Tel: +44 (0)20
7894 0417 Email:
Andrew.Williams@mail.doc.gov
October 18-21,
2009 – Interbuild - NEC, Birmingham
Website:
www.interbuild.com
The UKs largest building and construction event for industry
professionals. Product categories include roofing, lighting and electrical,
bathrooms, security and fire prevention, and commercial vehicles.
Contact: Cheryl Withers, Commercial Assistant Tel: +44 (0)20 7894
0419 Email:
Cheryl.withers@mail.doc.gov
October 20-21,
2009 - E Commerce Expo 2009 - Olympia, London
Website:
http://www.ecommerceexpo.co.uk
E Commerce Expo is positioned to address the processes,
technologies and services that surround the e-commerce transaction -
acquisition, conversion, fulfillment and customer
retention.
Contact: Andrew Williams, Commercial Specialist Tel: +44 (0)20
7894 0417 Email:
Andrew.Williams@mail.doc.gov
October 27-28,
2009 - Smartphone 2009 - Earls Court, London
Website:
http://www.smartphoneshow.com
The Smartphone Show continues to bring together the leaders and
visionaries shaping the future of mobile.
Contact: Andrew Williams, Commercial Specialist Tel: +44 (0)20
7894 0417 Email:
Andrew.Williams@mail.doc.gov
October 27-29,
2009 - L.A.B. 2009 - Int'l Analysis Bio & Lab Equipment Conf & Exbn - NEC
Birmingham
Website:
www.lab-uk.co.uk
The trade fair for analysis, bio and laboratory equipment in the
UK.
Contact: Cheryl Withers, Commercial Assistant Tel: +44 (0)20 7894
0419 Email:
Cheryl.withers@maildoc.gov
US
September 11-16, 2009 - PRINT 09 - Chicago, IL
Website:
http://print09.gasc.org/
“PRINT is the
most comprehensive graphic communications exhibition and conference in the
Americas.
Contact:
Andrew Williams, Commercial Specialist Tel: +44 (0)20 7894 0417 Email:
Andrew.Williams@mail.doc.gov
September 15-17, 2009 - Gear Expo 2009 - Indianapolis, IN
Website:
www.gearexpo.com
GEAR EXPO 2009
is where the gear industry comes together to connect.
Contact: Sara
Jones, Commercial Assistant Tel: +44 (0)20 7894 0471 Email:
Sara.Jones@mail.doc.gov
September 23-25, 2009 - IFAI 2009 - San Diego, CA
Website:
http://www.ifaiexpo.com/
With more than
500 exhibitors and 8,000 participants from more than 62 countries expected,
IFAI annual Expo is the largest trade event in the Americas for the
technical textiles and specialty fabrics industry."
Contact:
Marcella Marcheso, Commercial Specialist Tel: +44 (0)20 7894 0433 Email:
Marcella.Marcheso@mail.doc.gov
October 5-7,
2009 - PACK EXPO International 2009 - Las Vegas NV
Website:
http://my.packexpo.com/default.aspx
PACK EXPO International will focus on the latest developments in packaging
technology and will showcase exhibitors' state-of-the-art advances in
packaging machinery, converting machinery, materials, packages and
containers, and components.
Contact: Marcella Marcheso, Commercial Specialist Tel: +44 (0)20 7894 0433
Email:
Marcella.Marcheso@N0SPAM.mail.doc.gov
October 21-23,
2009 - SUPERCOMM/NXT comm 2009 - Chicago, IL
Website:
www.nxtcommshow.com
The focus of NXTcomm will be the business and technology of communications,
information and entertainment.
Contact: Andrew Williams, Commercial Specialist Tel: +44 (0)20 7894 0417
Email: Andrew.Williams@N0SPAM.mail.doc.gov
October 27-29,
2009 - Louisiana Gulf Coast Oil Exposition (LAGCOE) 2009 - Lafayette, LA
Website:
http://www.lagcoe.com/
The Louisiana Gulf Coast Oil Exposition has been fueling the global quest
for energy for over 55 years.
Contact: Richard Stanbridge, Senior Commercial Specialist Tel: +44 (0)20
7894 0437
Email: Richard.Stanbridge@N0SPAM.mail.doc.gov | 
