PARIS, FRANCE: TotalEnergies is partnering with GHGSat to develop a satellite imaging technology to monitor potential methane leak occurrences at offshore facilities. This new technology, known as “Glint Mode”, annuls interference effects on data acquisition by observing sun glint on the ocean surface. This satellite imaging can be combined with local measurements for which TotalEnergies…
Pakistan’s Competition Commission initiates enquiry against Foodpanda for abuse of dominant position
ISLAMABAD, PAKISTAN: The Competition Commission of Pakistan (CCP) has initiated an enquiry against Foodpanda to investigate its alleged abuse of dominant position and a possible violation Competition Act, 2010, in the market of online food delivery platforms. The enquiry committee will also review and place before the Commission, its findings, whether the exemption granted (for loyalty…
7digital signs new contracts with fitness companies Barry’s and Volava
LONDON, UK: 7digital Group has expanded its presence in the global fitness market by signing 24-month contracts with two new clients: Barry’s, the global fitness brand, and Volava, a European interactive fitness platform. The companies will use 7digital’s music platform-as-a-service to power their services in the fitness industry, a strategic growth market for 7digital. Both…
BBGI Global to acquire three social infrastructure investments in the UK
LONDON, UK: BBGI Global Infrastructure S.A. has entered into an agreement to acquire interests in three social infrastructure investments in the UK consisting of a 33.33% interest in the Aberdeen Western Peripheral Route, a 100% interest in Ayrshire and Arran Hospital, and a 100% interest in North West Fire & Rescue. Each asset is classified…
CentralNic establishes Data and AI Group
LONDON, UK: CentralNic Group plc has established a Data and Artificial Intelligence (AI) Group to leverage its vast data sets. CentralNic is the global internet platform that derives recurring revenue from the sales of domain names and web services. CentralNic stores, manages, and is exposed to huge datasets that can be used for advanced analysis….
K3 Capital to acquire Knight Corporate and Knight R&D for a total of £24.9 million
LONDON, UK: K3 Capital Group announced the proposed acquisitions of Knight Corporate Finance Group Limited (KCFG) and Knight R&D Limited (KRD) for a total of £24.9 million. K3 Capital also proposed a placing of new ordinary shares of 1 penny each in the capital of the company to raise gross proceeds of approximately £10 million…
IPI Partners to acquire DigiPlex Norway
OSLO, NORWAY: DigiPlex Norway has agreed to be acquired by affiliates of IPI Partners LLC, a global investment platform focused exclusively on data centers and other technology and connectivity-related real assets, a news release said. Through the transaction, which is expected to close in Q3 2021, IPI will acquire 100% ownership of all DigiPlex Group…
TotalEnergies and Veolia partner to develop CO2-based microalgae cultivation
PARIS, FRANCE: TotalEnergies and Veolia have joined forces to accelerate the development of microalgae cultivation using CO2, a news release said. The two partners will pool their know-how to develop a four-year research project at the La Mède biorefinery, operated by TotalEnergies, with the long-term goal of producing biofuel. Through photosynthesis, microalgae use sunlight and…
BacTech seeks engineering consultant for independent feasibility study
TORONTO, CANADA: BacTech Environmental Corporation is now evaluating potential engineering companies to conduct an independent Feasibility Study (FS) for the company’s Ponce Enriquez Bioleaching Project. The FS will consider sample collection and final test work results to produce detailed plans and estimates that encompass plant design, constructability, and scheduling. The study will be used to…
X5 Group launches media platform, Food.ru
MOSCOW, RUSSIA: X5 Group has launched its own food.ru media platform, a news release said. In addition to featuring entertaining and educational content that focuses on the most popular food-related activities, the platform will enable users to search for recipes, take cooking classes, learn about healthy eating, find the right products and more. The platform…
Chevron Phillips joins Agilyx and ExxonMobil as a founder member of Cyclyx
PORTSMOUTH: Cyclyx International, a consortium feedstock management joint venture founded by Agilyx and ExxonMobil, announced that Chevron Phillips Chemical Company LLC (CP Chem), has joined Cyclyx as a founding member. CPChem is a leading chemical company and at the forefront of cultivating a circular economy for plastics. The company has announced plans for an annual…
Steen & Strøm divests shopping center Farmandstredet for NOK1.8 billion
OSLO: NORWAY: Steen & Strøm has entered into an agreement for the sale of the shopping center Farmandstredet (Tønsberg), a news release said. Farmandstredet is 100% owned by Steen & Strøm AS. The sale is based on a property value of NOK 1.8 billion, and is structured as a share deal. The buyer is Aurora…