DUBAI: Arabtec Holding PJSC, a leading contractor for social and economic infrastructure, announced that its wholly-owned subsidiary, Target Engineering Construction Company, has been awarded around SAR 200 million contract by Saudi Aramco for the replacement of five storage tanks at Ras Tanura Refinery in Eastern Province, Saudi Arabia. Target’s scope of works includes the replacement…
DXC Technology selling healthcare provider software business to Dedalus for $525 million
TYSONS: DXC Technology announced a definitive agreement to sell DXC’s healthcare software provider business to privately held Dedalus Group for $525 million in cash. The agreement brings together DXC’s software business for healthcare providers with Dedalus, a leading European healthcare and diagnostic software company, to create an even stronger global force in the clinical IT…
Jody Ford appointed Chief Operating Officer at Trainline Plc
LONDON: Trainline plc announced the appointment of Jody Ford to serve in the newly created role of Chief Operating Officer, effective 21st September, 2020. Jody will join the Board and report into CEO Clare Gilmartin. As Trainline continues to focus on scaling the business, the decision to appoint a Chief Operating Officer has been taken…
Modern Meat expands into Urban Fare, Western Canada’s Gourmet Supermarket Chain
VANCOUVER: Modern Meat Inc., a fast-growing plant-based meat manufacturer, announced that it will be rolling out its products into the frozen meat section and food service division of the popular Urban Fare grocery stores. Urban Fare is a subsidiary of the Overwaitea Food Group (OFG) which operates more than 160 stores under the banners of…
Planet 13 acquires 45,000 square feet of indoor cannabis cultivation facility
LAS VEGAS: Planet 13 Holdings Inc., a leading vertically-integrated Nevada cannabis company, has acquired cannabis inventory, equipment and tenant improvements, and subject to regulatory approval will acquire the Nevada cannabis licenses at a 45,000 square foot indoor cultivation and production facility in Las Vegas from West Coast Development Nevada LLC. Planet 13 is paying $1.156…
Premier Oil signs SPAs to acquire BP’s interests in the Andrew Area and its Shearwater assets for $210mn
LONDON: Premier Oil Plc has signed sale and purchase agreements (SPAs) with BP for the acquisition of BP’s interests in the Andrew Area and its Shearwater assets, reflecting the amended terms announced by the company on 5th June. This follows the receipt of creditor approval for the BP Acquisitions. The BP Acquisitions remain conditional on…
AC Energy expands to India with $68 million 140 MWp solar farm in Rajasthan
SINGAPORE: AC Energy is set to develop Sitara Solar, a 140 MWp solar plant in India through UPC-AC Energy Solar, the company’s joint venture with UPC Solar Asia Pacific, a news release said. Marking its first major investment in India, AC Energy’s total renewables capacity will reach over 1,200 MW, in a move to further…
GSK and CureVac collaborate on vaccine and monoclonal antibody research programmes
London: GlaxoSmithKline (GSK) and CureVac announced the signing of a strategic collaboration agreement for the research, development, manufacturing and commercialisation of up to five mRNA-based vaccines and monoclonal antibodies (mAbs) targeting infectious disease pathogens. The collaboration complements GSK’s existing mRNA capabilities with CureVac’s integrated mRNA platform. mRNA (messenger RNA) technology is a rapidly progressing, cutting-edge…
Botswana Diamonds acquiring Sekaka Diamonds
LONDON: Botswana Diamonds (BOD) has agreed to acquire the KX36 Diamond discovery in Botswana, along with two adjacent Prospecting Licences and a diamond processing plant. These interests are part of a package held by Sekaka Diamonds. BOD is acquiring 100% of the shares of Sekaka. The vendor is Petra Diamonds. The consideration comprises a cash…
Magnus and Oriental EPC to assist with the construction of LPG terminals in Indonesia
SINGAPORE: Magnus Energy Group together with Oriental EPC Private Limited received a letter of offer from a state-owned enterprise in Indonesia on July 2nd to assist with the construction of liquefied petroleum gas (LPG) terminals in various parts of Indonesia. Magnus Energy and Oriental EPC had accepted the LOO via the agent on 16 July…
Respiri signs merchant services agreement with Zip Money Payments
MELBOURNE: Respiri Limited, an eHealth SaaS Company supporting respiratory health management, has executed a merchant services agreement with a leading Buy Now Pay Later (BNPL) provider Zip Money Payments Pty Ltd, a wholly owned subsidiary of Zip Co Limited, a news release said. The Zip agreement enables Respiri consumers to purchase wheezo and pay over…
Tilt Renewables erects first turbine of New Zealand’s largest Waipipi Wind Farm
MELBOURNE, AUSTRALIA: Tilt Renewables Limited (TLT) announced that the first wind turbine has been successfully erected at the Waipipi Wind Farm (WWF) located near Waverley in South Taranaki, New Zealand. This wind turbine is the largest ever installed in New Zealand, both by generation capacity (4.3MW) and size (130m rotor diameter), and marks the first…