PARIS, FRANCE: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE), one of the seven supermajor oil and gas companies, has launched at its Antwerp refinery (Belgium), a battery farm project for energy storage with a power rating of 25 MW and capacity of 75 MWh, equivalent to the daily consumption of close to 10,000 households. This project will be…
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VINCI acquires 55% Stake in Entrevias, securing concession for Brazil’s toll motorway sections
PARIS, FRANCE: French construction and concessions company VINCI has acquired a 55% stake in Entrevias, a Brazilian toll motorway concession, from Patria, a Brazilian fund. VINCI Highways, a subsidiary of VINCI Concessions, will hold the concession for two toll motorway sections in Brazil until 2047. The motorway sections span 570 km across the state of…
TotalEnergies acquires Iber Resinas to boost production of circular polymers in Europe
PARIS, FRANCE: TotalEnergies, a French multinational energy company, has acquired Iber Resinas, a Spain-based company that specializes in the mechanical recycling of plastics for sustainable applications. The move is expected to increase TotalEnergies’ production of circular polymers in Europe, broaden its range of recycled products, and improve its access to feedstock through Iber Resinas’ network…
Groupe SEB acquires Swiss culinary appliance company Pacojet
PARIS, FRANCE: Groupe SEB, a French multinational company specializing in small household appliances, has announced its acquisition of Pacojet, a Swiss family-owned company that specializes in developing and marketing a revolutionary culinary appliance. Pacojet’s unique emulsifier has been a favorite of chefs for thirty years and has helped establish the company’s global reputation as a…
Nexans awarded 1.7bn EUR frame agreement by TenneT to connect offshore wind farms in Germany
PARIS, FRANCE: Nexans, a leader in the design and manufacturing of cable systems and services, has been awarded a frame agreement by TenneT, the Transmission System Operator (TSO) for the Netherlands and a significant part of Germany. Under this frame, Nexans will be responsible for three grid projects, connecting the future offshore wind farms BalWin…
Technip Energies and John Cockerill launch Rely, a green hydrogen company
PARIS, FRANCE: Technip Energies and John Cockerill have announced the creation of Rely, a new company that will offer integrated and competitive green hydrogen solutions. The two industrial leaders in the hydrogen market aim to help energy and heavy industries reach net-zero goals by providing end-to-end solutions for hard-to-abate and hard-to-electrify sectors. Rely will benefit…
Hellenic Telecommunications appoints new CEO for Telekom Romania Mobile Communications
ATHENS, GREECE: Hellenic Telecommunications Organization (OTE S.A.) has announced that Mr. Charalampos Mazarakis has been appointed as the new Chief Executive Officer of Telekom Romania Mobile Communications (TKRM). The appointment comes after Ms. Dina Tsybulskaya resigned from the position on April 30, 2023. Mr. Mazarakis, who has served as Chairman of the Board of Directors…
Nexans Launches Low-Carbon Distribution Grid Cables in France
PARIS, FRANCE: Nexans, a global cable and cable systems provider, has announced the launch of a new range of low-carbon distribution grid cables, the first of its kind in France. The company has successfully reduced greenhouse gas emissions in its low- and medium-voltage cables by 35% to 50%, depending on the product, by adopting a…
European Space and Telecoms Companies Form Partnership for Satellite Constellation IRIS²
PARIS, FRANCE: A group of European space and telecommunications players have joined forces to create a partnership aimed at responding to the European Commission’s call for tender regarding the future European satellite constellation, IRIS² (Infrastructure for Resilience, Interconnectivity, and Security by Satellite). The initiative aims to provide a new, secure, and resilient connectivity infrastructure to…
Aion and Microsoft partner to pursue digital traceability of circular plastic products
Aion, a spinoff of Aker BioMarine focused on plastic circularity and circular technology, has signed a memorandum of understanding with Microsoft to explore opportunities for joint innovation and co-selling related to digital traceability of circular plastic products. Aion Loop, the digital platform developed by Aion, provides value chain traceability and documented environmental effects. Under the…
InteliWell to equip Transocean Norge drilling rig with game-changing automation solution
OSLO, NORWAY: InteliWell, the joint venture between Intellilift AS, Transocean, and RigNet, has announced that it has secured its first contract to supply its proprietary drilling automation solution to the Transocean Norge rig. The solution, which consists of three complimentary software applications, will allow more efficient and consistent execution of drilling operations, reducing drilling time…
EssilorLuxottica and Roger Federer sign licensing agreement for eyewear brand collaboration
PARIS, FRANCE: EssilorLuxottica and tennis legend Roger Federer have entered into an exclusive licensing agreement for the development, production, and global distribution of eyewear under the Roger Federer and Oliver Peoples brands. The initial collection is expected to launch in the spring of 2024 and will draw inspiration from their shared commitment to excellence and…