PARIS: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE), as shareholder of Offshore Wind One GmbH, has been awarded the maritime concession N-11.2 by the German Federal Network Agency, following auctions held in Germany. Stéphane Michel, President Gas Renewable and Power of TotalEnergies, “Building upon the successful award of concession N-12.1 in the German North Sea last year, the…
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EssilorLuxottica and Diesel announce a ten-year licensing agreement
PARIS: EssilorLuxottica and Diesel announced today that they have signed an exclusive license agreement for the design, manufacture, and worldwide distribution of Diesel eyewear. The agreement will be effective immediately until December 31, 2029, with an automatic renewal option of an additional five years. The first collection under the agreement will be available on the…
Eurazeo invests in Rydoo, a provider of expense management solution
PARIS: Eurazeo, through its Small-mid buyout team, announced its investment in Rydoo, a leading global provider of expense management solutions. Rydoo’s product offering empowers corporate clients to manage and control employee spending through smart and automated expense management solutions. The transaction will be the ninth investment for Eurazeo PME IV and sits at the core…
Technip Energies to develop oil and gas condensate field Karachaganak in Kazakhstan
PARIS: Technip Energies (PARIS:TE), through its joint-venture TKJV LLP with KPSP, announced the signing of a long-term services frame agreement with Karachaganak Petroleum Operating B.V. (KPO) for the development of the Karachaganak Field, located in northwest Kazakhstan near Aksai. This five-year agreement covers a comprehensive range of services, from consulting and concept to detailed engineering,…
GiG signs deal to acquire SEO and content services supplier, Titan Inc.
Gaming Innovation Group Inc. (GiG) has signed a head-of-terms agreement to acquire Titan Inc. Limited, a premier SEO and content services supplier
DNB Bank ASA will buy back up to 1.0 percent of the company’s own shares
OSLO, NORWAY: DNB Bank ASA has decided to initiate a share buy-back programme comprising up to 1.0 percent of the company’s own shares, which represents a total of 14,925,301 shares. The buy-back programme was adopted based on an authorisation given by the Annual General Meeting held on 29 April 2024. The Financial Supervisory Authority of…
BEWI initiates strategic review of the automotive business
OSLO, NORWAY: BEWI ASA, a leading provider of packaging, components, and insulation solutions, today announces that the group is initiating a strategic review process for its automotive business. BEWI’s automotive business is a leading specialist in the manufacturing of advanced insulation and soundproofing solutions for the automotive industry. The activities are currently reported under the…
Frende banks acquires 70% interest in Borea Asset Management
Frendegruppen to buy 70 percent of the asset management company Borea Asset Management.
TotalEnergies sells TotalEnergies EP Brunei to Hibiscus Petroleum for $259 million
PARIS: TotalEnergies (Paris:TTE) has entered into an agreement to sell its wholly-owned subsidiary TotalEnergies EP (Brunei) B.V. to Hibiscus Petroleum Berhad, a Malaysian independent oil and gas exploration and production company, for a consideration of $259 million. The transaction is expected to close in the fourth quarter 2024. TotalEnergies EP (Brunei) B.V. owns and operates…
Glentra Fund offers to acquire Kyoto Group AS
OSLO, NORWAY: Kyoto Group AS, a prominent player in the energy sector, has announced a landmark transaction with GF I Kiln HoldCo AS, an acquisition entity owned by the esteemed Glentra Fund I K/S. This strategic move includes a directed share issue and a subsequent voluntary all-cash offer for all outstanding shares of Kyoto, marking…
Pelagia acquires all the remaining shares in Blue Ocean Technologies AS
OSLO: Pelagia has now acquired all the remaining shares in Blue Ocean Technologies AS, and is the 100% owner of the company. In February 2024 Pelagia became the majority shareholder in Blue Ocean Technology AS following a share issue in the company. Blue Ocean Technology AS was established in 2012, by entrepreneurs with close ties…
Atos enters into exclusive negotiations with ALTEN for the sale of Worldgrid
PARIS, FRANCE: Atos, a global leader in digital transformation, today announces that it has entered into exclusive negotiations with ALTEN SA for the sale of its Worldgrid business unit for a binding enterprise value of €270 million. Worldgrid provides consulting and engineering services to energy and utility companies. The business currently employs close to 1,100…