HOUSTON: TGS-NOPEC Geophysical Company has announced a new 3D multi-client project offshore Argentina. The Malvinas 3D survey will cover approximately 7,300 square kilometers of highly prospective Malvinas Basin, which saw spirited interest during Argentina Round 1 earlier this year. The survey will employ one Shearwater vessel, with operations set to commence in Q4 2019 and…
Zalaris posts 8.2% growth in revenues for September quarter
OSLO: Zalaris ASA, the provider of payroll and HR solutions, posted third quarter ended September 30, 2019 revenues of NOK 190.7 million making 2019 the 19th year of uninterrupted growth within reach. Zalaris’ Q3-19 revenues reached NOK 190.7 million an 8.2% increase compared to NOK 176.2 million in the same quarter previous year. In terms…
Solstad enters into contract with INPEX
OSLO: Solstad Offshore ASA has entered into a contract with Inpex Operations Australia Pty for the provision of two anchor handlers to support additional drilling for the Ichthys LNG development. Normand Scorpion and Normand Sirius will be contracted to INPEX for a period of 3 years. The anchor handlers are expected to mobilise out of…
BH Mubasher Financial Services posts profits in Q3
DUBAI: BH Mubasher Financial Services (BHM), a leading brokerage firm in the UAE’s financial market, reported a quarterly profit in the third quarter following an overall company restructuring in May/June 2019 subsequent to the annual general meeting (AGM) held in the second quarter. Dubai-based financial services firm, earlier known as “Al Safwa Mubasher Financial Services”,…
Emirates Integrated Telecommunications announces 3.7% growth in 9-month adjusted net profit
DUBAI, UAE: Emirates Integrated Telecommunications Company (EITC) published its financial results for the nine-month period ended 30 September 2019, reporting revenues of AED 9.4 billion, an EBITDA of AED 4.22 billion and a Net Profit after royalty of AED 1.29 billion. For Q3 2019, EITC reported revenues of AED 3.07 billion, an EBITDA of AED…
Midlands JV created to promote strategic site
LONDON: Henry Boot PLC, a company engaged in land promotion, property investment and development, and construction has entered into a joint venture (JV) to pursue a strategic land opportunity in the Midlands as it continues to grow its long-term land pipeline for new residential and commercial development. Hallam Land Management Limited, a subsidiary of Henry…
Neil appointed Group E-Commerce Director at Science in Sport
LONDON: Science in Sport plc, the premium performance nutrition company serving elite athletes, sports enthusiasts and the gym lifestyle community, has announce the appointment of Neil Tinegate, a highly experienced digital executive, as the Company’s Group E-Commerce Director. Neil has a track record in digital innovation and online sales growth at businesses including Home Retail…
Mycovia announces partnerships to commercialise and manufacture VT-1161
DUBLIN: Mycovia Pharmaceuticals has announced a strategic partnership with Gedeon Richter for the commercialisation and manufacture of VT-1161 for recurrent vulvovaginal candidiasis (RVVC) in Europe, Latin America, Australia, Russia and other CIS countries. This agreement follows the announcement by Mycovia earlier this year of a strategic partnership with Jiangsu Hengrui Medicine to develop and commercialise…
Understanding China conference opens with focus on globalization, multilateralism
GUANGZHOU/Knowledge Bylanes– The fourth Understanding China Conference opened in Guangzhou on Saturday. The conference brings in-depth discussions around the theme of “New Globalization and China’s New Round of Reform and Opening-Up.” About 600 politicians, strategists, scholars, entrepreneurs from 17 countries and regions, as well as representatives of international organizations, participated in the two-day event, according…
Facebook selects ENGAGE to accelerate VR adoption
LONDON: VR Education, a leading virtual reality (VR) technology company focused on the education and enterprise training space, announced that the Group’s ENGAGE platform has been selected by Facebook for its Oculus Independent Software Vendors (ISV) programme. The Oculus ISV programme works with enterprise developers and software companies to engage with Oculus in order to…
Begbies Traynor acquires Alexander Lawson Jacobs Limited
LONDON: Begbies Traynor Group announced the acquisition of the entire issued share capital of Alexander Lawson Jacobs Limited (ALJ), a London-based insolvency and business recovery practice. ALJ is a well-established firm and is ranked as a top 20 UK insolvency practice (by insolvency appointments). The team of 24 directors and employees will join the group…
Kropz and PhosAgro sign MoU to exchange technical expertise
LONDON: Kropz plc, an emerging African phosphate producer, has signed a memorandum of understanding with PhosAgro Group, one of the world’s leading producers of phosphate-based fertilizers, during the Russia-Africa Economic Forum in Sochi, Russia. The two companies have agreed to evaluate opportunities to exchange information and technical expertise in order to increase the capacity of…