HOUSTON: VAALCO Energy Inc. has now completed the previously announced acquisition of Sasol Gabon S.A.’s 27.8% working interest in the Etame Marin block offshore Gabon, increasing the Company’s total working interest to 58.8%. Key Highlights: • Nearly doubles VAALCO’s total net production and reserves; • Expected to be immediately accretive to VAALCO, with minimal additional…
Danakali Limited notifies management changes
LONDON: Danakali Limited, potash company focused on the development of the Colluli Sulphate of Potash Project, has announced management changes. · Current Non-Executive Chairman, Mr Seamus Cornelius, has been re-appointed as Executive Chairman · The role of current Chief Executive Officer (CEO), Mr Niels Wage has been made redundant as part of a reallocation of…
Argo Blockchain installs 4,500 new mining machines
LONDON: Argo Blockchain, a global leader in cryptocurrency mining, announced 4,500 Bitmain Antminer S19 and S19 pro miners Argo agreed to lease from Celsius Network in November 2020 have been installed on time and are now fully operational. This installation represents the final delivery of Antminers under Argo’s lease with Celsius Network. The new mining…
Greencoat Renewables agrees to buy 89.6MW Cordal Wind Farm
DUBLIN: Greencoat Renewables PLC, the renewable infrastructure company invested in euro-denominated assets, signed agreement to acquire Cordal wind farm from Cubico Sustainable Investments, a global renewable energy investor and operator. The wind farm is located in Co. Kerry, Ireland, and consists of 28 3.2MW GE turbines that reached full commercial operations in May 2018. The…
RM plc announces appointment Neil Martin as CEO
LONDON: RM plc, a leading supplier of technology and resources to the education sector, announced the appointment of Neil Martin as CEO. Neil, who has served as RM’s CFO for the past 5 years, will succeed David Brooks with effect from 1 March 2021. As CFO, Neil has been much involved in the changes in…
Porvair plc acquires Kbiosystems Limited
LONDON: Porvair Plc announced the acquisition of Kbiosystems Limited. Kbiosystems is based in Basildon, UK and specialises in the design and manufacture of laboratory instruments, with particular expertise in automated microplate handling systems. On 25 February 2021, the Group acquired 100 per cent. of the share capital of Kbiosystems, which reported revenue of £3.8 million…
Severfield plc to acquire DAM Structures Limited for an initial £17 million
LONDON: Severfield plc has entered into an agreement to acquire 100% of the share capital of DAM Structures Limited for a net initial consideration of £12.0 million payable in cash on completion, a news release said. A further maximum deferred consideration of £7.0m is payable in 2022, together with a performance-based contingent consideration of up…
Otello Corporation to sell AdColony to Digital Turbine for $400 million
OSLO: Otello Corporation has entered into a definitive agreement to sell AdColony to Digital Turbine Inc. for a total estimated consideration of $400 million. Digital Turbine is a global mobile technology company, passionate about delivering the right content to the right person at the right time across all Android devices. The company’s on-demand media platform…
Stewart acquires Signature Closers LLC
HOUSTON: Stewart Information Services Corporation has acquired Signature Closers LLC, a move that further strengthens a digital strategy focused on ease-of-use for the customer by creating a centralized experience that includes recently acquired NotaryCam and partnership with CertifID. “With their industry-leading notary panel and technology platform, Signature Closers is the perfect addition to our digital…
FCPT buys Texas Roadhouse property for $3.1 million
MILL VALLEY: Four Corners Property Trust has bought a Texas Roadhouse property for $3.1 million, a news release said. The property is located in a strong retail corridor in Illinois and is occupied under a triple net lease with the corporate operator with approximately 10 years of term remaining. The transaction was priced at a…
Verbrec’s subsidiary, Competency Training to acquire Site Skills Group
SYDNEY: Verbrec Limited’s wholly owned subsidiary Competency Training is to acquire the Australian training business of Site Skills Group Pty Ltd (SSG), a wholly owned subsidiary of Site Group International Limited. Verbrec understands this transaction is part of Site Group’s plans to rationalisation its Australian businesses and focus on its international operations. The acquisition of…
Verbrec Limited (ASX:VBC)
Click Here Verbrec Limited (ASX:VBC) share price Verbrec Limited is a leading mid-tier engineering, operations and training services company that supports customers across Australia, New Zealand, PNG and beyond. The Verbrec group of companies serve the energy, infrastructure, and mining industries through their six service lines; asset management, training, digital industry, pipelines, power, and process…