OSLO: Interoil Exploration and Production ASA announced a new transaction which adds further momentum to the Company’s exploration activity in Colombia. In addition, Interoil will invest in further development activity in Argentina. In Colombia, Interoil has signed a participation agreement…
MIAMI: Atlantic Sapphire ASA announced that Bjørn-Vegard Løvik will join the Company as Interim Chief Operating Officer, reporting directly to the CEO of Atlantic Sapphire USA LLC, Johan E. Andreassen, as part of a restructuring of the organization to improve…
OSLO: Aker Offshore Wind and Hexicon have entered into a joint development agreement to explore opportunities to realize floating wind projects offshore Sweden, a news release said. The two companies have agreed to jointly work to mature early-phase prospects in…
OSLO: Hexagon Agility, a business of Hexagon Composites, signed a master services agreement in October 2019 with UPS, the world’s largest package delivery company, to supply compressed natural gas (CNG) and renewable natural gas (RNG) fuel systems for medium and…
TRONDHEIM: Based on the results of the due diligence, NORBIT ASA has decided to terminate the process and agreement for acquisition of business and assets from the Norwegian IoT company StalkIT and associated companies. On March 08, 2021, NORBIT announced…
LUXEMBOURG: Subsea 7 S.A has entered into a joint venture with Simply Blue Energy, the Cork-based marine developer, to further develop its Salamander floating wind farm concept, off the north east coast of Scotland, a news release said. Salamander is…
HERNING: Everfuel A/S has started development of its second high-capacity green hydrogen ing station in Copenhagen, a news release said. The new H2 station will be centrally located in the Danish capital near the H. C. Ørsted Heat and Power…
KARACHI: Pakistan National Shipping Corporation (PNSC) has planned to acquire a used AFRAMAX tanker, with a deadweight of 10,5000 tons, to expand its customer base in the tanker segment. PNSC has already invited bids from international suppliers in this regard,…
SYDNEY: Evolve Education Group (EVO) announce the appointment of Craig Presland as Chief Operating Officer, New Zealand, as CEO New Zealand Tim Wong is retiring. Craig has a very strong background as CEO in previous New Zealand childcare businesses. Craig…
AUCKLAND: AMP Limited has agreed to end the management agreement with listed NZ REIT,Precinct Properties New Zealand Limited, allowing them to internalise management for a one-off payment of NZ$215 million for 100 per cent of the management interests. AMP Capital,…
WELLINGTON: VITAL Limited, a telecommunications services provider, announced a special partnering relationship with Ventia, one of the largest essential services providers in New Zealand and Australia. Both Vital and Ventia provide essential communication services to the market, and in some…
OLDWICK: Global rating agency, AM Best has maintained the Credit Ratings of CNA Financial Corporation (CNAF) and its insurance subsidiaries following the company’s disclosure that it sustained a sophisticated cybersecurity attack that caused a network disruption and impacted certain CNAF…