Rolls-Royce confirms is in talks with Siemens regarding the sale of its Energy gas turbine and compressor business.

This business supplies aero-derivative gas turbines, compressor systems and related services to customers in the oil and gas and power generation sectors. The talks have not yet been concluded.

Picture: The RB211, one of Roll's Royce's gas turbines (the photograph is reproduced with the permission of Rolls-Royce plc, copyright © Rolls-Royce).