OSLO, NORWAY: TGS, a leading global provider of energy data and intelligence, has announced that it has secured funding for a series of multi-client projects in Southeast Asia, which are expected to start in late Q4 2023. The program covers six months of new 2D and 3D seismic data acquisition, over 6,600 kilometers of legacy…
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Höegh Autoliners signs 5-year contract with a Japanese construction equipment manufacturer
OSLO, NORWAY: Höegh Autoliners ASA has signed a 5-year contract with a major Japanese construction equipment manufacturer for the transport of construction equipment from Asia to Europe. Andreas Enger CEO of Höegh Autoliners commented: “Committing our capacity and building long term relationships with strategic customers in main trade lanes is our priority. Our vessels are…
Abivax announces plans to conduct registered public offering in the United States
PARIS, FRANCE: Abivax, a French biotechnology company that develops novel treatments for inflammatory diseases, viral diseases and cancer, announced today that it intends to launch a public offering of its shares in the United States. The company has filed a confidential draft registration statement with the U.S. Securities and Exchange Commission (SEC) for the offering…
ABN AMRO posts strong Q2 profit of EUR 870 million amid higher interest rates
AMSTERDAM: ABN AMRO, a Dutch bank, has reported a net profit of EUR 870 million for the second quarter of 2023, up from EUR 393 million in the same period last year. The bank’s return on equity (ROE) was over 16%, reflecting high net interest income (NII) and impairment releases. All client units contributed with…
Visiativ acquires Techform, a leader in technical and commercial configuration software
PARIS, FRANCE: Visiativ, a publisher and integrator of innovative software platforms for industrial SMEs and mid-sized companies, announced today that it has acquired Techform, a pure-player technical and commercial configuration software editor. The acquisition was approved by the Toulouse Commercial Court, which chose Visiativ to take over all the assets and employees of Techform. Techform,…
Eutelsat and Thaicom to partner for new software-defined satellite over Asia
PARIS, FRANCE: Eutelsat Communications announced that its subsidiary Eutelsat Asia has signed a partnership agreement with Space Tech Innovation Limited (STI), a subsidiary of Thaicom, a leading Asian satellite operator, related to a new software-defined satellite (SDS) to be positioned at the 119.5° East orbital slot over Asia. Under this partnership, Eutelsat will expand its…
TotalEnergies sells a 15% interest in Absheron gas field to ADNOC
PARIS, FRANCE: TotalEnergies and its partner SOCAR (State Oil Company of the Republic of Azerbaijan) have signed an agreement to sell a 15% participating interest each in the Absheron gas field to ADNOC (Abu Dhabi National Oil Company). After completion of this transaction, which is subject to the approval by the relevant authorities, TotalEnergies will…
Zhero Europe secures investment from energy giants for green projects
PARIS, FRANCE: Zhero Europe, a company that aims to develop large-scale renewable energy projects in Europe and Africa, has signed a preliminary agreement with TotalEnergies, Baker Hughes, Technip Energies, Azimut and other investors. The investors will provide financing and expertise to help Zhero Europe advance its project portfolio, which involves renewable power generation, power interconnections…
Crédit Agricole and Stellantis acquire car leasing businesses in six European countries
PARIS, FRANCE: Crédit Agricole Consumer Finance, a subsidiary of Crédit Agricole S.A. and a leading provider of consumer credit in Europe, has announced that it has completed the acquisition of car leasing businesses in six European countries from ALD and LeasePlan, in partnership with Stellantis, a global automaker formed by the merger of Fiat Chrysler…
Questback Group AS to sell 75% stake in Questback AS to Precise Credit Solutions
OSLO, NORWAY: Questback Group AS, a Norwegian company that owns and operates Questback AS, has signed a term sheet for the sale of 75% of the shares in Questback AS to Precise Credit Solutions, a Luxembourg-based entity that is the main lender under the Company’s bond loan agreement and a minority owner. The proposed transaction…
Inin Group acquires Laje AS, boosts its revenue and earnings outlook
OSLO, NORWAY: Inin Group AS, a leading Nordic provider of infrastructure services, announced today that it has signed a share purchase agreement (SPA) to acquire 100 percent of the shares in Laje AS, a large, regional infrastructure construction and service company based in Norway. The acquisition will strengthen Inin Group’s position in the central eastern…
TECO 2030 and a European motor company to collaborate on fuel cell projects
OSLO, NORWAY: TECO 2030, a Norwegian based clean tech company developing zero-emission technology for the maritime and heavy industry, has announced that it has signed a Memorandum of Understanding (MoU) with an undisclosed renowned European Motor Company. The MoU is signed to formally set out a pathway to collaborate with ongoing and future projects involving…