LONDON, UK: Deliveroo Plc has announced the appointment of Dominique Reiniche and Karen Jones to its Board as Non-Executive Directors. Dominique will join Deliveroo’s Board of Directors as a Non-Executive Director and as a member of the Audit, Remuneration and Nomination committees. She has extensive experience in consumer marketing and innovation in the European food…
ADES secures contract renewals for seven offshore rigs in KSA
DUBAI, UK: ADES International Holding, leading oil & gas drilling and production services provider in the Middle East and North Africa (MENA) has secured contract renewals for seven of its rigs in Kingdom of Saudi Arabia (KSA). The contracts cover offshore rigs AD 655, AD 656, AD 266 and AD 261, and onshore rigs ADES…
VAALCO Energy to provide and operate FSO at Etame Marin field offshore Gabon
HOUSTON: VAALCO Energy has signed a non-binding letter of intent (LOI) with Omni Offshore Terminals Pte Ltd to provide and operate a Floating Storage and Offloading (FSO) unit at VAALCO’s Etame Marin field offshore Gabon. VAALCO Energy will operate the Floating Storage and Offloading (FSO) for up to 11 years upon the expiration of the…
DeepVerge and China Resources to jointly develop and sell environmental monitoring equipment
LONDON: DeepVerge Plc, the environmental and life science AI company, has signed a non-binding Memorandum of Understanding (MoU) with China Resources Environmental Protection Development Limited to enter into a Joint Venture (JV) for the manufacture, assembly and sale of environmental monitoring equipment, with a view to future development of smart environmental platforms, equipment/devices and network…
Nordic Hydrogen Corridor: Everfuel to setup 15 hydrogen fueling sites in Sweden by end 2023
HERNING: Everfuel A/S today launched the company’s H2 station roll-out plan for Sweden targeting up to 15 strategically positioned fueling sites for zero emission transport by end of 2023. The plan is the second section of the Everfuel’s Scandinavian green hydrogen fueling strategy for trucks, buses and cars connecting the main traffic corridors in Sweden,…
Ai-Media to acquire EEG Enterprises for up to $34 million.
SYDNEY: Access Innovation Holdings Limited (Ai-Media), a global provider of technology-driven live and recorded captioning, transcription and translation services, has entered into a binding agreement to acquire 100 per cent of the shares in EEG Enterprises Inc. (EEG) for up to US$34.0 million in cash, Ai-Media shares and potential earn-outs, a news release said. The…
Restaurant Brands New Zealand posts 11.2 sales growth to $259.7mn in 1Q
AUCKLAND: Restaurant Brands’ total sales for the first quarter to 31 March 2021 were $259.7 million, an increase of 11.2% on the equivalent period last year across the businesses it operated during the previous year and up 29.8% when including trading from its recent California acquisition. The increase in sales of $59.6 million was driven…
XST Resources to acquire 1500 BOEPD from gas and oil fields in Alberta and British Columbia
SYDNEY: Xstate Resources Limited has signed an agreement with private company Blue Sky Resources Ltd to acquire 25% of Blue Sky’s Working Interest (WI) in oil and gas producing asset in Alberta and British Columbia, Canada (ABC Assets), a news release said on Wednesday. The ABC Assets consist of non-operated WI and Royalty Interests in…
Richard Murray appointed CEO Premier Retail
MELBOURNE, AUSTRALIA: Premier Investments Limited has notified appointment of Richard Murray to the role of CEO Premier Retail and Premier Executive Director, Commencing 4 October 2021. Premier Chairman, Mr Solomon Lew, said: “On behalf of the Board, I am delighted to announce Richard’s appointment to the role of CEO Premier Retail. Richard is unquestionably one…
Achronix and Napatech partner to target data center networking
COPENHAGEN: Napatech A/S announced a partnership with Achronix Semiconductor Corporation to deliver a new class of high-speed, programmable, FPGA-based SmartNICs to datacenter network operators. Achronix Semiconductor Corporation, a leader in high-performance FPGAs and embedded FPGA (eFPGA) IP, and Napatech, the leading provider of FPGA-based SmartNICs, announced a partnership to deliver a new class of high-speed,…
Tekna Plasma Systems enters joint development agreement with LG Chem
OSLO: Tekna Plasma Systems Inc. and LG Chem signed a multi-year joint development agreement to develop new materials that will improve the storage capacity and the cycle stability of Lithium-Ion batteries. Both companies bring patented technology to the project, which will contribute to meeting the accelerating demand for high-performance Lithium-ion batteries, driven by the growing…
Lime Technologies Sweden to buy Userlike UG
STOCKHOLM: Lime Technologies Sweden AB has entered into an agreement on the acquisition of the shares of German company, Userlike UG. The first stage of the acquisition of Userlike involves 90 percent of the shares and is expected to be completed on 30 April 2021. The preliminary purchase price of EUR 19.8 million will be…