LONDON: Nostra Terra Oil & Gas Company has announced the acquisition of a 100% working interest in the Caballos Creek Oil Field, a producing oil field with additional development opportunity in Atascosa County Texas. The primary assets are shallow, vertical oil wells producing 30 bopd gross (22 bopd net of royalties) with further development potential….
Restaurant Brands New Zealand acquires 69 KFC and Taco Bell stores in California
SYDNEY: Restaurant Brands New Zealand Limited (RBD) announced that it had received consent from KFC and Taco Bell for the purchase of 58 KFC stores and 11 multibrand KFC and Taco Bell stores, together with a head office facility in Southern California, USA from an existing franchisee. RBD announced the settlement of this acquisition was…
Ardurra Group acquires Constantine Engineering
TAMPA: Ardurra Group Inc. has acquired and merged with Constantine Engineering Inc., a multi-discipline engineering firm specializing in the Water, Wastewater, and Public Works markets. Ardurra Group is an Engineering News-Record Top 500 firm that provides consulting and engineering services to public and private entities throughout the United States. With the addition of Constantine, Ardurra…
Saint-Gobain acquires Strikolith in the Netherlands
LONDON: Saint-Gobain has announced the acquisition of Strikolith in the Netherlands, a company specialized in the production of external insulation systems, interior finishings and renovation products and solutions. In 2019, Strikolith achieved sales of close to €20 million. It employs about 50 people at one production site in the Netherlands. The complementarity of Strikolith with…
Zoetic International exits from the oil and gas business
LONDON: Zoetic International has agreed to sell its remaining interest in its oil and gas assets located in Colorado, USA against a consideration of $376,000, a news release said. The disposal consists of assets referred to previously as the “East Denver” interests. The assets subject to the sale include a 7.5 per cent working interest…
Gentrack appoints Gary Miles as Chief Executive Officer
SYDNEY: Gentrack Group Ltd announced the appointment of Gary Miles as Chief Executive Officer, commencing October 01, 2020. Miles’ appointment follows an extensive global executive search to identify candidates with enterprise software and cloud native experience to lead Gentrack into its next phase as a leading provider of SaaS solutions for utilities and airports. Acting…
Better Plant Sciences takes over sales of all Jusu Life and Jusu Body products
VANCOUVER: Better Plant Sciences Inc. has signed an eCommerce lease agreement on August 31, 2020 to take over the day-to-day sales of all Jusu Life and Jusu Body products, commencing September 01, 2020. The eCommerce lease agreement, along with an inventory purchase, will allow Better Plant to book revenues from all eCommerce and wholesale sales…
Cybersecurity specialists Cyberty joins Hydro66 as a partner and a customer
BODEN, SWEDEN: Hydro66 the green cloud infrastructure company, announced that Cyberty, a Luleå based cybersecurity firm, becomes a partner as well as a customer of colocation and cloud at the Hydro66 data center in Boden. Christiaan Keet, CTO Hydro66 commented: “We are delighted to have a new cybersecurity service provider in our growing ecosystem. All…
Hydro66 teams up with Cudo to deliver high-performance cloud infrastructure
BODEN, SWEDEN: Hydro66 Holdings Corp., the green cloud infrastructure company, has signed a framework agreement with UK-based Cudo, to deliver high-performance cloud infrastructure, a news release said. David Rowe, CEO of Hydro66 says, “We are delighted to secure Cudo as a customer for our high performance cloud service. We are seeing fast growth in our…
Cloudberry Clean Energy offers to acquire offshore wind project in Sweden
OSLO: Cloudberry Clean Energy AS has offered to acquire 100% of the shares in Scanvind2 AS, a company that develops the offshore wind power project “Rewind Vänern”. The project is in shallow water on the largest lake in Sweden in the vicinity of Cloudberry’s Karlstad office. The current development plan includes 16-17 turbines with an…
PCI Biotech forms research collaboration with DCprime
OSLO: PCI Biotech has announced an extensive research collaboration. Within the collaboration, DCprime and PCI Biotech will combine their know-how and technology platforms to pursue the development of novel cancer vaccination concepts based on tumour-independent antigens (TIAs). PCI Biotech is a biopharmaceutical late stage clinical development company focusing on development and commercialisation of novel therapies …
Veidekke sells property development operation for NOK 7.1 billion
OSLO: Veidekke ASA today completed the sale of its property development operation to the consortium comprising Fredensborg AS, Fredensborg Bolig AS, Norwegian Property ASA and Union Real Estate Fund III Holding AS, a news release said. In line with the agreement entered into on 16 June 2020, Veidekke has received a consideration of NOK 7.1…