OSLO: Aker BP announced that Moody’s Investor Service today has upgraded its long-term issuer rating of Aker BP from Ba1 to Baa3 with stable outlook. With this assignment, Aker BP is now investment grade rated by S&P Global Ratings, Fitch…
LYSAKER: TECO 2030 ASA announced a partnership with Thecla Bodewes Shipyards in Holland to develop zero emission hydrogen-based fuel cell propulsion on all types of river going vessels, such as push tugs, dredgers, passenger and cargo ships and low-profile coasters….
KARACHI: Following the Federal Cabinet’s approval of moratorium on gas supply to industrial units for self-generation of electricity, K-Electric (KE) continues to remain fully committed to facilitating Karachi’s industrial customers in line with the Ministry of Energy’s (Power Division) direction…
ISLAMABAD: Vitol Bahrain has offered the lowest rates for supply of two sport cargoes tendered by Pakistan LNG Terminal for delivery in April 2021. Pakistan LNG Limited (PLL) has received even lower bids for two LNG cargoes for April in…
PARIS: Air Liquide China will build new production capacities in Mianyang City (100 km Northwest of Chengdu), Sichuan Province and Chongqing City. These will supply BOE, the world’s leading company in flat-panel displays and an IoT company, in the context…
LYNGBY: Maersk Drilling has received a conditional letter of award (CLOA) from Tullow Ghana Ltd. for the provision of the ultra-deepwater drillship Maersk Venturer and additional services for a development drilling campaign at the TEN and Jubilee fields offshore Ghana….
LONDON: PayPoint has completed the acquisition of Handepay Limited and Merchant Rentals Limited, after receiving regulatory and other customary approvals. The cash consideration for the acquisition is £70 million on a cash free debt free basis, after closing balance sheet…
LONDON: Marlowe plc, the UK leader in business critical services and software, has acquired Hadrian Technology Limited (HTL) for an expected enterprise value of £3.8 million, a news release said. HTL, founded in 1999, is a leading provider of CCTV…
LONDON: JLEN Environmental Assets Group notified the acquisition of a 100% equity stake in Codford Biogas Limited (CBL). CBL holds the rights and operational assets that make up the Codford anaerobic digestion (AD) plant, a 100,000 tonnes per annum food…
LONDON: Ecofin U.S. Renewables Infrastructure Trust (RNEW) has now completed the acquisition of all four seed investments described in its prospectus dated 11 November 2020. Within just over one month from admission, the Company has therefore now invested approximately 50%…
LONDON: Checkit plc announced the acquisition of the entire issued share capital of its US based sole distributor Tutela Monitoring Systems LLC including cash of approximately $0.25m in Tutela as at the date of completion for a total upfront cash…
LONDON: EnQuest PLC has signed an agreement with Suncor Energy UK Limited to purchase Suncor’s entire 26.69% non-operated equity interest in the Golden Eagle area, comprising the producing Golden Eagle, Peregrine and Solitaire fields for an initial consideration of US$325…