COPENHAGEN: Napatech A/S announced a partnership with Achronix Semiconductor Corporation to deliver a new class of high-speed, programmable, FPGA-based SmartNICs to datacenter network operators. Achronix Semiconductor Corporation, a leader in high-performance FPGAs and embedded FPGA (eFPGA) IP, and Napatech, the leading provider of FPGA-based SmartNICs, announced a partnership to deliver a new class of high-speed,…
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Tekna Plasma Systems enters joint development agreement with LG Chem
OSLO: Tekna Plasma Systems Inc. and LG Chem signed a multi-year joint development agreement to develop new materials that will improve the storage capacity and the cycle stability of Lithium-Ion batteries. Both companies bring patented technology to the project, which will contribute to meeting the accelerating demand for high-performance Lithium-ion batteries, driven by the growing…
TechnipFMC to sell 14% of Technip Energies shares for €277.5 million
PARIS: TechnipFMC announced the sale of 25 million Technip Energies shares, representing around 14% of Technip Energies’ share capital at €11.10 per share, yielding total gross proceeds of €277.5 million. The sale will be through a private placement by way of an accelerated bookbuild offering. Concurrently with the placement, Technip Energies will purchase from TechnipFMC…
MPC Energy signs power purchase agreement for Colombian solar PV project
AMSTERDAM: MPC Energy Solutions NV has signed a power purchase agreement (PPA) for Parque Solar Los Girasoles, a solar PV project under development in Colombia. The COP-denominated agreement includes the delivery of around 23 GWh a year over a 12 year period starting in Q2 2022, a news release said. The power purchase agreement was…
Total declares force majeure on Mozambique LNG Project
PARIS: Considering the evolution of the security situation in the north of the Cabo Delgado province in Mozambique, Total confirms the withdrawal of all Mozambique LNG project personnel from the Afungi site. This situation leads Total, as operator of Mozambique LNG project, to declare force majeure. Total expresses its solidarity with the government and people…
Nel ASA to develop and deliver complex renewable hydrogen projects with Aibel
OSLO: Nel ASA has entered into a framework agreement with the major energy service company Aibel to develop and deliver large scale, complex renewable hydrogen projects. “We are very excited to be announcing this collaboration with Aibel, a company with vast experience in delivering large scale, complex projects across industries. Their in-house construction expertise and…
Delta Drone International expands remit with global mining customer in Ghana
PARIS, FRANCE: Delta Drone International has expanded its contract remit with one of the world’s largest gold mining companies in Ghana. Delta Drone International will provide its capabilities in light detection and ranging (LIDAR) to assist the company in examining possible mine site expansions in real time at its various locations. The new service adds…
Norsk Solar signs pact to solarize sites of the world’s largest retailer
STAVANGER, NORWAY: Norsk Solar AS has signed a LOI (Letter of Intent) with one of the largest retailers globally for the deployment of solar energy systems on sites in selected markets. The retailer is a European multinational, and one of the largest global companies within its segment with more than 10,000 commercial sites across the…
Carbios plans to built 100% PET recycling production unit
PARIS: Carbios has confirmed its plan to build a first-of-a-kind 100% PET recycling production unit using its enzymatic technology. The company will carry out ongoing studies to select the most suitable site, technically and economically, to build this first industrial and commercial Unit. Carbios, a company pioneering new enzymatic solutions to reinvent the lifecycle of…
Carbios and Michelin collaborate to create 100% sustainable tires
PARIS: CARBIOS and MICHELIN have taken a major step towards developing 100% sustainable tires, a news release. Michelin has successfully tested and applied Carbios’ enzymatic recycling process for PET plastic waste, in order to create a high tenacity tire fibre that meets the tire-giant’s technical requirements. Enzymatic recycling: a revolutionary process Carbios’ enzymatic recycling process…
BW Offshore to demolish and recycle FPSO Berge Helene at Priya Blue shipyard in India
OSLO: BW Offshore has signed an agreement to dispose of the FPSO Berge Helene for environmentally safe demolition and recycling in compliance with the Hong Kong Convention at Priya Blue shipyard in India. The FPSO Berge Helene is a floating storage/production unit of 274,333 deadweight-ton capacity built in France in 1976 and converted to an…
Arendals Fossekompani’s Alytic acquires Utel Systems
ARENDAL: Alytic, a portfolio company of Arendals Fossekompani ASA (AFK), has acquired Utel Systems as part of the strategy to transform data-driven companies with unique domain expertise into scalable Software-as-a-Service companies with international potential, a news release said. “The acquisition of Utel Systems fits perfectly with our growth strategy to transform data-driven companies to international…