PARIS: TotalEnergies has agreed to acquire the 20% interest held by Lewis Energy Group in the Dorado leases operated by EOG Resources (80%) in the Eagle Ford shale gas play, increasing its natural gas production capacity in Texas and further strengthening its business integration in the U.S. LNG value chain. Located in Texas, the Dorado…
President and CEO Martin Lindqvist is leaving SSAB
HELSINKI: After 26 years in the company and 13 years as President and CEO, Martin Lindqvist has decided to leave SSAB to further his board career. A recruitment process to find his replacement will start immediately, a news release said. Martin Lindqvist has been employed at SSAB since 1998 and served as the company’s President…
WithSecure CEO Juhani Hintikka steps down; Antti Koskela appointed interim chief
STOCKHOLM: Juhani Hintikka, President and CEO of WithSecure, has today announced that he steps down from his position in the company. The decision to step down follows the Supreme Court ruling of 5 April 2024 where Juhani Hintikka was found guilty of abuse of inside information related to a matter dating back to 2014, years…
Humana Norway agrees to acquire Team Olivia Norge AS
OSLO, NORWAY: Human Care Holding AS (Humana Norway) has entered into an agreement to acquire Team Olivia Norge AS for a purchase price of SEK 341 million on a cash- and debt-free basis. The acquisition is partially financed through an issue in kind of 4 million shares to the sellers. The acquisition is expected to…
Mirriad Advertising forms strategic partnership with TripleLift
LONDON: Mirriad Advertising, a pioneer in in-content advertising and virtual product placement, has announced a strategic partnership with TripleLift Inc., a leader in advanced advertising technology. This collaboration is set to transform the digital advertising landscape by integrating TripleLift’s supply-side platform (SSP) capabilities with Mirriad’s extensive in-content inventory. The partnership heralds a new era for…
Tight gas discovery in Sindh, Pakistan by OGDCL
In a significant development for Pakistan’s energy sector, the Oil & Gas Development Company Limited (OGDCL) has announced a new tight gas discovery at its exploratory well, Nur West #01, in the district of Sujawal, Sindh Province. The well, which is fully operated by OGDCL, is part of the Nur Development & Production Lease (D&PL)…
Sirius Real Estate completes over €100 million of acquisitions in Germany and UK
LONDON, UK: Sirius Real Estate, the leading owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany and the U.K., has completed on four previously announced notarised acquisitions in Germany and the U.K., totalling over €100 million in aggregate. These include: Vantage Point Business Village in Gloucestershire, U.K.,…
Caspian Sunrise acquires CS Energy LLP for $15 million
LONDON: Caspian Sunrise has announced the successful execution of documents for the acquisition of CS Energy LLP, the license holder of the West Shalva contract area, for a total consideration of up to $15 million. The acquisition hinges on several conditions, including the crucial approval from the company’s shareholders at the upcoming General Meeting scheduled…
Caledonia Mining Corporation appoints James Mufara as Chief Operating Officer
LONDON, UK: Caledonia Mining Corporation Plc announced that James Mufara (aged 49) has agreed to join the Caledonia group as Chief Operating Officer with effect from May 1, 2024. James was previously at Harmony Gold Mining Company Limited where, as Regional General Manager, he headed a complex portfolio of operations consisting of five mines and…
Faron Pharmaceuticals appoints Dr. Juho Jalkanen as new CEO, as Dr. Markku steps down
TURKU, FINLAND: Faron Pharmaceuticals Ltd. (AIM: FARN), a clinical-stage biopharmaceutical company pursuing a CLEVER approach to reprogramming myeloid cells to activate anti-tumor immunity in hematological and solid tumor microenvironments, today announced that its Chief Executive Officer (CEO) Dr. Markku Jalkanen, who turns 70 later in 2024, has informed the Board of Directors of his wish…
Accenture has acquired Japanese technology services provider, CLIMB
Accenture (NYSE: ACN) has announced the acquisition of CLIMB, a renowned technology services provider known for its system integration, IT infrastructure management, and operations. This acquisition is set to fortify Accenture’s presence in the Gunma Prefecture, Japan, and add significant expertise to its global operations. CLIMB, established in 1989 in Maebashi City, has carved a…
Westgold Resources Limited and Karora Resources Inc. to merge
MELBOURNE, AUSTRALIA: Westgold Resources Limited and Karora Resources Inc. have announced a definitive merger agreement. Under the arrangement, Westgold will acquire all outstanding shares of Karora, with shareholders receiving a mix of shares, cash, and SpinCo shares as consideration. The transaction values Karora shares at approximately A$6.60 each, marking a premium over recent trading prices….