PARIS, FRANCE: VINCI Airports signed an agreement to purchase 29.99% of OMA (Grupo Aeroportuario del Centro Norte). This transaction allows VINCI Airports to add 13 airports to its portfolio – located in Northern and Central Mexico – which handled a total of 23 million passengers in 2019 (18 million in 2021). Monterrey International airport, serving…
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Bureau Veritas acquires AMSfashion
PARIS, FRANCE: Bureau Veritas announced the acquisition of AMSfashion, a company expert in sustainability, quality and conformity services for the fashion industry, including organic/vegan content verification and durability testing. AMSfashion, an AMSlab business unit, offers advanced analytical solutions for the textile and footwear sectors, and extensive experience in cosmetics analysis. It supports brands and suppliers of all sizes to…
Norse Atlantic Airways forms connectivity partnerships easyJet, Norwegian and Spirit Airlines
OSLO, NORWAY: Norse Atlantic Airways announced that from today customers looking to explore the world for less will have access to even greater choice and convenience as we launch our connectivity partnership with easyJet, Norwegian and Spirit Airlines. The virtual interline agreement, powered by Dohop, will provide over 600 weekly connections to Norse’s transatlantic services…
Newen Studios buys majority stake in London-based Rise Films
PARIS, FRANCE: Newen Studios, one of the European leaders in audiovisual production and distribution, has taken a majority stake in London-based production house, Rise Films, adding the business to itsUK portfolio of Newen Studios production companies. The move is part of Newen Studios’s strategy to pursue premium documentary and furthers its plans for UK expansion….
Groupe SEB acquires the Spanish machine maker, Zummo
PARIS, FRANCE: Groupe SEB strengthen its positions in the professional market with the acquisition of Zummo, the Spanish world leading maker of automatic fruit juice extraction machines. The professional offering of Groupe SEB is being expanded to meet its strong development ambitions in this segment. Numerous synergies will be created in this way for all…
TotalEnergies and Veolia Partner to Build the Largest Solar System for a Desalination Plant in Oman
PARIS, FRANCE: TotalEnergies and Veolia have signed an agreement to start the construction of the largest solar photovoltaic (PV) systems providing power for a desalination plant in Oman, in the city of Sur. The power plant will be located on the site of the Sharqiyah Desalination plant, which is a reference in Oman and in…
Start of production from the Ikike Field
PARIS, FRANCE: TotalEnergies, OML99 operator (40%) in partnership with the Nigerian National Petroleum Corporation (NNPC, 60%), announces the start of production from the Ikike field, in Nigeria. Located 20 kilometers off the coast, at a depth of about 20 meters, the Ikike platform is tied back to the existing Amenam offshore facilities through a 14…
IDEX Biometrics and Turkish issuer to launch biometric payment cards
OSLO, NORWAY: IDEX Biometrics ASA initiated its first project in Turkey with an issuer to launch biometric payment cards for the local market. Cards from this issuer are estimated to be in consumer hands by Q1 2023. This partnership follows a previously announced partnership in Turkey with leading card manufacturer, E-Kart. Turkey is one of…
Adevinta announces sale of Gumtree SA
OSLO, NORWAY: Adevinta ASA has signed an agreement for the sale of Gumtree South Africa (Gumtree SA), to Impresa Capital, majority Shareholder of Ignition Group. Ignition Group is one of Africa’s largest investors in technology, media, telecommunications and financial services. The transaction is subject to regulatory approval. Gumtree SA’s operations were classified as discontinued operations…
Bayport Polymers announces the start-up of new Ethane Cracker in Port Arthur
PARIS, FRANCE: Bayport Polymers LLC, a 50/50 joint venture (JV) between TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Borealis, today announces the start-up of commercial operations of a new ethane cracker with an annual production capacity of one million tons of ethylene. This almost $2 billion project built on the site of and operated by the TotalEnergies…
Norfund joins Norsk Solar and Finnfund as partner in Nordic Impact Cooperation AS
STAVANGER, NORWAY: Norsk Solar announced that Norfund, the Norwegian Investment Fund for Developing Countries (Norfund) will join Norsk Solar and Finnfund as an equity partner in Nordic Impact Cooperation AS (NIC). NIC is an investment platform that provides equity financing in Norsk Solar projects for corporate and industrial energy buyers in select high-growth markets. Norfund’s…
Demanding energy markets due to shortage of gas supplies from Russia
The second quarter was characterized by unprecedented market volatility, high power prices and concerns about energy supplies due to a shortage of gas supplies from Russia. “The European energy crisis has accelerated due to a shortage of gas supplies from Russia, leading to high power prices and a large increase in Statkraft’s gross revenues. However,…