LONDON, UK: Pennon Group, the owner of South West Water and Viridor, has announced the acquisition of three solar power projects in the UK, as part of its strategy to expand its renewable energy generation and achieve net zero emissions by 2030. The three projects, located in Buckinghamshire, Aberdeenshire and Cumbria, have a combined capacity…
Centrica signs major LNG supply agreement with Delfin Midstream
LONDON, UK: Centrica and Delfin Midstream Inc today announced the signature of a long-term Sale and Purchase Agreement for 1.0 million tonnes per annum (MTPA) of Liquefied Natural Gas (“LNG”) for 15-years on a Free on Board (“FOB”) basis at the Delfin Deepwater Port, located 40 nautical miles off the coast of Louisiana. This agreement…
Foxconn exits India’s chip making project with Vedanta
Foxconn, the world’s largest contract electronics manufacturer and a key supplier to Apple, has backed out of a $19.5bn deal with Vedanta Resources to build a semiconductor plant in India. The companies had announced the joint venture in August 2022, saying it would create 100,000 jobs and boost India’s domestic chip production. But less than…
Aker Carbon Capture appoints Egil Fagerland as new Chief Executive Officer
OSLO, NORWAY: Aker Carbon Capture announced the appointment of Egil Fagerland as its new Chief Executive Officer with effect from today, July 11, 2023. Fagerland will replace Valborg Lundegaard, who is stepping down to focus on her health and family. Fagerland is currently CFO of Aker Carbon Capture and has been with the company since…
Dubai Investments and E20 sign MOU for agricultural investment in Angola
DUBAI, UAE: Dubai Investments, the leading investment company listed on the Dubai Financial Market, and E20 Investment, an Abu Dhabi-based agribusiness investment company, signed a Memorandum of Understanding (MOU) to develop 3,750 Ha of agricultural land in Angola, harnessing the potential of the country’s agricultural sector for sustainable growth and economic development. E20 Investment, specializes…
Exchange rates for GBP against major currencies on July 11, 2023
LONDON: The latest exchange rates for GBP against major currencies such as USD, EUR, JPY, AUD and more. Stay up-to-date on the latest fluctuations and trends in the GBP-exchange market. According to www.exchangerates.org.uk: GBP-EUR 1.1691 Pounds to Euros GBP-USD 1.2881 Pounds to Dollars GBP-NZD 2.074 Pounds to New Zealand Dollars GBP-AUD 1.9266 Pounds to Australian…
Streamplay launches mGames in partnership with bmobile in Papua New Guinea
SYDNEY, AUSTRALIA: Streamplay Studio Limited (ASX:SP8), a casual gaming company, has announced the launch of mGames, a branded version of its ArcadeX white-label technology, in Papua New Guinea in partnership with bmobile, a leading telco in the region. mGames is a subscription-based service that offers over 200 quality games across various genres, including popular characters…
TotalEnergies and SONATRACH sign agreements to boost gas production, LNG supply and renewables in Algeria
PARIS, FRANCE: TotalEnergies, a French energy company, and SONATRACH, the Algerian state-owned oil and gas company, have signed several agreements to strengthen their cooperation in the production of natural gas in Algeria, the delivery of liquefied natural gas (LNG) to Europe, as well as the development of renewables in Algeria. The agreements were signed during…
TotalEnergies announces start of production in the Absheron Gas Field in Azerbaijan
PARIS, FRANCE: TotalEnergies and its partner SOCAR (State Oil Company of the Republic of Azerbaijan) announce the start of production of the first phase of development of the Absheron gas and condensate field in the Caspian Sea, around 100 km south-east of Baku. This first phase connects a subsea production well to a new gas…
DC Two Limited acquires cyber security expert Thomas Cyber
SYDNEY, AUSTRALIA: DC Two Limited (ASX: DC2), a vertically integrated revenue generating data centre, cloud, and software business, has announced that it has signed a binding agreement to acquire the assets and business of Shimazaki Management Group Pty Ltd trading as Thomas Cyber, an established cyber security expert. The acquisition is part of DC Two’s…
Propel Funeral Partners to acquire NZ funeral businesses for A$38 million
SYDNEY, AUSTRALIA: Propel Funeral Partners Limited (ASX: PFP), a provider of funeral and related services in Australia and New Zealand, has announced that it has signed binding legal documents to acquire two long established funeral service businesses and related assets, infrastructure and real estate in New Zealand for up to A$38 million. The acquisitions relate…
Boom Logistics appoints Ben Pieyre as CEO and Managing Director
SYDNEY, AUSTRALIA: Boom Logistics Limited (ASX: BOL), a lifting solutions company, has announced that it has appointed Ben Pieyre as its CEO and Managing Director, effective immediately. Mr Pieyre has been the Interim CEO and a Director of the Company since 15 February 2023, following the departure of former CEO Tony Spassopoulos. During this period,…