JOHANNESBURG: Multinational oil service company Halliburton has taken a significant step toward enhancing local participation in the oil and gas sector. The company is inviting eligible local businesses to submit an Expression of Interest (EOI) for the supply of goods and services across various categories within the industry. This move aims to assess local interests…
Callinex Mines signs agreement to acquire 100% interest in the Alberts Lake Project
VANCOUVER, BC: Callinex Mines Inc. has announced the signing of an option agreement with Voyageur Mineral Explorers Corp. to acquire a 100% interest in the Alberts Lake Project. This acquisition is part of a broader initiative to expand the company’s flagship Pine Bay Project, which now spans over 11,859 hectares in the prolific Flin Flon…
Grayscale Investments appoints Peter Mintzberg as CEO
STAMFORD: Grayscale Investments, the world’s largest crypto asset manager, today announced the appointment of Peter Mintzberg as Chief Executive Officer, effective August 15, 2024, at which time Mintzberg will also join Grayscale’s Board of Directors. Peter Mintzberg succeeds Michael Sonnenshein, who has stepped down from the position to pursue other interests. In the intervening period,…
Empire Diversified Energy and Heartland Water Technology announce renewable hydrogen project
FOLLANSBEE, West Virginia: Empire Diversified Energy and Heartland Water Technology have announced their collaboration with Empire Green Generation to establish a cutting-edge facility aimed at transforming food waste into renewable hydrogen and carbon. This initiative is part of the Department of Energy’s Appalachian Regional Clean Hydrogen Hub (ARCH2) and marks a pivotal advancement in waste-to-hydrogen…
Archer Aviation partners with Etihad Training to launch eVTOL pilot program in UAE
RIYADH, Saudi Arabia: Archer Aviation Inc., a pioneering force in electric vertical takeoff and landing (eVTOL) technology, has inked a memorandum of understanding with Etihad Training. This strategic alliance is set to kickstart a comprehensive pilot recruitment and training initiative for Archer’s state-of-the-art Midnight aircraft in Abu Dhabi, marking a significant leap towards establishing an…
Jaime Ramirez appointed new Chief Executive Officer of Fluidra
BARCELONA: Fluidra, the global leader in equipment and connected solutions in the pool and wellness sector, appoints Jaime Ramirez as the company’s new Chief Executive Officer (CEO) effective 1 June 2024. Since the merger with Zodiac in 2018, Fluidra has established its position as a global market leader; developed its product portfolio, services and solutions;…
Dubai Mall announces Elite Personal Shopping Suite for unparalleled luxury experience
DUBAI, UAE: In a grand move to elevate the luxury retail landscape, Dubai Mall has launched the Elite Personal Shopping Suite. Managed by Emaar Malls, this exclusive service is nestled on the second floor of Fashion Avenue, promising a transformative shopping experience for the elite clientele. Following a record-breaking footfall of 105 million in 2023,…
Veidekke signs memo to acquire Euromining AB in Sweden for NOK 500 million
OSLO, NORWAY: Veidekke has entered into a memorandum of understanding relating to its acquisition of the company Euromining AB in Gällivare, Sweden, a machinery contractor focused on the mining industry. Euromining’s business complements Veidekke’s existing operations in northern Sweden, which currently concentrate primarily on infrastructure and mining newbuild projects. The acquisition encompasses not only Euromining…
Hexagon Purus and Hino Trucks unveil Tern, the new zero-emission truck
OSLO, NORWAY: Hexagon Purus, in collaboration with Hino Trucks, has unveiled ‘Tern’ – a brand dedicated to zero-emission trucks. The announcement was made at the Advanced Clean Transportation (ACT) Expo, marking the launch of their first vehicle, the RC8. This battery electric Class 8 tractor is specifically designed for the U.S. market and is a…
AFC Energy to power Niftylift’s innovative hydrogen-electric platforms
LONDON: AFC Energy (AIM: AFC), a pioneer in hydrogen power generation technology, has announced a strategic partnership with Niftylift, one of Europe’s leading mobile elevating work platform manufacturers. This collaboration is set to revolutionize the industry with the integration of AFC’s S Series fuel cell modules into Niftylift’s cutting-edge Hydrogen-Electric (H2E) range. John Keely, Managing…
Helical plc sells 50% stake in 100 New Bridge Street for £55 million
LONDON: Helical plc has entered into a joint venture arrangement for the redevelopment of 100 New Bridge Street, London EC4 selling a 50% interest for £55 million on a preferred equity basis to a vehicle led by Orion Capital Managers. The building, originally completed in 1992, will be taken back to the frame and comprehensively…
AstraZeneca announces $1.5 billion investment in Singapore manufacturing
LONDON: AstraZeneca has unveiled plans to construct a state-of-the-art manufacturing facility in Singapore, dedicated to the production of antibody drug conjugates (ADCs). This $1.5 billion venture marks the company’s first foray into manufacturing within Singapore and represents a significant step in enhancing the global supply of its ADC portfolio. ADCs, which are at the forefront…