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,…
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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…
Golar LNG signs agreement to merge into New Fortress Energy
OSLO: Golar LNG Partners LP (GMLP) has entered into an agreement and plan of merger with New Fortress Energy Inc., a news release said. Under the merger agreement, NFE has agreed to acquire all of the outstanding common units and general partner units of GMLP for $3.55 per unit in cash for a total purchase…
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…
Cloudberry Clean Energy acquires Selselva Kraft AS
OSLO: Cloudberry Clean Energy AS has today completed a transaction for the acquisition of 100% of Selselva hydropower plant, a news release said. Reference is made to the stock exchange announcement dated 21 December 2020 regarding Cloudberry Clean Energy AS` share purchase agreement for the acquisition of 100% of the shares in Selselva Kraft AS.…
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…
Element ASA terminates plan to acquire Harmonychain
OSLO: Element ASA has announces that the discussions regarding the acquisition of at least 95% of the shares in Harmonychain for a total of 51 million Element considerations shares has been terminated and the conditional NOK 60 million private placement has consequently been cancelled. Reference is made to the stock exchange notices published on 3…
Solon Eiendom selling 49 % stake in Solon Realkapital to Vatne Property
OSLO: Solon Eiendom ASA has entered into an agreement for the sale of Solon’s 49 % stake in Solon Realkapital AS to Vatne Property AS. Vatne Property AS is a 100 % owned subsidiary of Vatne Capital AS, which is fully owned by Runar Vatne who holds approximately 25 % of the shares in Solon…
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…