StrongPoint announces strategic reorganisation of Spanish operations and global cash management business

OSLO:  StrongPoint today announced the strategic reorganisation of its management team in Spain and its global cash management business. The aim is to further accelerate StrongPoint’s position in providing grocery e-commerce solutions in Spain and to pursue global opportunities in the cash management sector. In light of the growing demand for grocery retail technology solutions,…

BW Kudu increases working interest in the Kudu license offshore Namibia to 95%

OSLO: BW Kudu Limited, a wholly owned subsidiary of BW Energy Limited and the National Petroleum Corporation of Namibia (NAMCOR) have signed a Farm-In and Carry Agreement. The agreement increases BW Kudu’s working interest in the Kudu license offshore Namibia from 56% to 95% in line with previously disclosed intentions. NAMCOR will retain the remaining…

TGS Nopec announces Espirito Santo multi-client 3D survey offshore Brazil

OSLO: TGS-NOPEC Geophysical Company ASA, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, today announced the commencement of the Espirito Santo multi-client 3D seismic survey offshore Brazil. This project is supported by industry funding. This survey, covering 2,694 square kilometers, will broaden the region’s 3D coverage while adding to the…

MPC Capital launches MPC Energy Solutions as new renewable energy platform

HAMBURG: MPC Capital AG has initiated a new renewable energy platform under the brand “MPC Energy Solutions”. In a private placement directed towards institutional investors, MPC Energy Solutions NV has successfully raised a total of NOK 857 million (USD 100 million) in advance of its listing on Oslo Stock Exchange’s Euronext Growth segment. The Private…

Cyviz announces NOK 23 million U.S. Department of Defense contract

OSLO: Cyviz AS announced contracts with the U.S. Department of Defense for Cyviz’ standardized, turnkey video collaboration solutions.  The total value is approximately NOK 23 million (USD 2.6 million), including solutions for mission-critical command & control centers with multi-year support and software maintenance agreements. Multiple departments within the U.S. Department of Defense have standardized on…

Endúr to acquire Artec Aqua

OSLO: Endúr ASA has entered into a share purchase agreement with Artec Holding AS, as seller, for the acquisition of Artec Aqua, a news release said. Artec Aqua is a turnkey supplier of process facilities and solutions to the onshore aquaculture industry – both within smolt, broodstock and grow-out facilities. Endúr estimates that it will…

Zenith Energy, Fleet Oil & Gas sign cooperation agreement for new acquisitions in MENA region

OSLO: Zenith Energy Ltd. has entered into a cooperation agreement with Fleet Oil & Gas S.A., a privately owned oil and gas company led by the former Egyptian Petroleum Minister, Eng. Mahmoud Latif Amer. Fleet is headquartered in Dubai, United Arab Emirates and has a representative office in Cairo, Egypt. The purpose of the CA…

HydrogenPro, Ariema and Reposl plan to develop joint hydrogen projects

OSLO: HydrogenPro AS, Ariema S.A and Reposl S.A have announced plan to develop joint hydrogen projects. Within the framework of a Memorandum of Understanding, HydrogenPro will assist the Spanish multi-energy provider Repsol to mature and accelerate projects which will help Repsol achieve its’ target of becoming a zero emissions company by 2050. HydrogenPro will contribute…