OSLO: Aker BP has awarded Kvaerner AS the contract for delivering the topside and steel substructure for the normally unmanned wellhead platform at the Hod field. The contract is an important part of Kvaerner’s strategy to be the leading supplier of cost efficient, unmanned platforms. The contract has a value of approximately NOK 1 billion…
Gaming Innovation Group signs platform agreement with GS Technologies Limited
OSLO: Gaming Innovation Group Inc. (GiG) has signed a long-term agreement with GS Technologies Limited for the provision of GiG’s platform and front-end development to a new casino brand with its own license from Maltese Gaming Authority. The agreement is based on the new fixed fee model and has a duration of minimum three years…
BauMart Holdings selling its glass processing assets to Ventus Aqua
PERTH: BauMart Holdings Limited has entered into a conditional agreement with Ventus Aqua Pty Ltd to sell its Lisec glass processing equipment currently leased to Sydney Sunny Glass Pty Ltd, a glass products supplier based in Smithfield, New South Wales. Ventus Aqua proposes to undertake an initial public offering (IPO) of its shares and apply…
Mithril Resources appoints John Skeet as new CEO
SYDENY: Mithril Resources Limited announced the appointment of a new Chief Executive Officer (CEO) and Chief Geologist to drive the exploration of the high-grade Copalquin Gold Silver Project in Durango, Mexico. The appointment of the founders of Sun Minerals Pty Ltd very experienced project exploration and development team, John Skeet (CEO) and Hall Stewart (Chief…
Unibail-Rodamco-Westfield scores “B” and stands out as industry leader for its ESG practices in ISS 2020 rating
PARIS: Unibail-Rodamco-Westfield (URW) is once again recognized as a global leader on Environmental, Social and Corporate Governance (ESG), achieving a score of “B” from 155 (Institutional Shareholder Services group of companies) for its ESG practices in June 2020. This is an exceptional rating level among the real estate industry companies assessed worldwide, and the best…
OEL forms JV with Shanghai Suntec to manufacture and market HIFU machines
SINGAPORE: OEL (Holdings) Limited (OEL) has entered into a Joint Venture Agreement with Shanghai Suntec Co., Ltd. for the incorporation of a joint venture company in Singapore for the manufacturing and distribution of High-Intensity Focused Ultrasound (HIFU) machines entire end to-end industrial chain of R&D, manufacturing and installation, medical services and equipment after sales service,…
Alison Wood appointed independent non-executive director at Oxford Instruments
OXFORD: Oxford Instruments plc announced the appointment of Alison Wood as an Independent Non-Executive Director. Subject to the approval of shareholders at the AGM, she will be joining the Board on 8 September 2020 and will become a member of the Company’s remuneration, nomination and audit and risk committees from the same date. Alison has…
Dagmar Aspatria Kent Kershaw appointed non-executive director at Brooks Macdonald Group
LONDON: Brooks Macdonald Group announced the appointment of Dagmar Aspatria Kent Kershaw as a non-executive director, with effect from 1 July 2020. Ms. Kent Kershaw (aged 52) is Senior Advisor at Strategic Value Partners, Director of Aberdeen Smaller Companies Trust plc, and a Trustee of Laurus Trust. Ms. Kent Kershaw was formerly Head of Credit…
Liberty Global to present at the Bank of America Telecoms and Media Conference
DENVER: Liberty Global plc will be presenting at the Bank of America Telecoms and Media Conference on Tuesday, June 16, 2020. Liberty Global may make observations concerning its historical operating performance and outlook. Liberty Global is one of the world’s leading converged video, broadband and communications companies, with operations in 6 European countries under the…
Sterling Construction gets $97 million of contracts at Salt Lake City International Airport
HOUSTON: Sterling Construction Company’s subsidiary Ralph L. Wadsworth Construction LLC has been awarded three separate alternative delivery construction contracts by the Salt Lake City Corporation’s Department of Airports (SLCDA). The Salt Lake City International Airport projects total $97 million and are part of the airport’s Terminal Redevelopment Program (TRP). The projects consist of foundation work,…
Partnership integrates WLT software with ECHO Health’s payment processing system
WESTLAKE: ECHO Health Inc. (ECHO) has announced a partnership with WLT Software, an advanced benefits administration and claims adjudication provider, to include the integration of its WLT software with ECHO’s payment processing solutions. Today, the ECHO platform processes more than 200 million claims and over $40 billion in payments annually. ECHO’s patented solutions for consolidation,…
Tufin to present at Stifel 2020 Virtual Cross Sector Insight conference
BOSTON: Tufin, a company pioneering a policy-centric approach to security and IT operations, announced that Ruvi Kitov, CEO and co-founder, will present at the Stifel 2020 Virtual Technology Cross Sector Insight Conference, taking place on Wednesday, June 10. Tufin simplifies management of some of the largest, most complex networks in the world, consisting of thousands…