PARIS, FRANCE: Etablissements Maurel & Prom S.A. (M&P) has announced that it is currently engaged in advanced discussions with the shareholder of Assala Energy Holdings Ltd regarding the potential acquisition of all the shares of Assala. The discussions are underway, and if successful, M&P would acquire Assala in what is referred to as the “Proposed…
DX announces development of new regional hub in the East Midlands
LONDON, UK: Leading delivery solutions provider, DX, is thrilled to unveil its plans for the development of a significant new Regional Hub in the East Midlands. The proposed hub, including a new depot to cater to the local area, is estimated to cost approximately £12 million and will be financed using DX’s existing cash resources….
CEO of Magnis Energy Technologies, David Taylor, resigns
SYDNEY, AUSTRALIA: Magnis Energy Technologies announced today that its CEO, David Taylor, has tendered his resignation from the company. The notice period for his departure will commence immediately and conclude on December 1, 2023. The board of directors, representing the shareholders, expressed their gratitude for David Taylor’s significant contributions during a critical stage in the…
Exchange rates for GBP against major currencies on June 14, 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 1.2606 Pounds to Dollars GBP-NZD 2.0512 Pounds to New Zealand Dollars GBP-AUD 1.8628 Pounds to Australian…
Capita wins fraud reporting service contract with City of London Police
LONDON, UK: Capita plc has been awarded a contract by the City of London Police to deliver customer contact and victim engagement services for the force’s new fraud reporting service. The contract will run from 2024 and is worth approximately £50m over five years, with the option to extend by a further two years. The…
OMV Petrom discovers significant crude oil and gas resources in Southern Romania
BUCHAREST, ROMANIA: OMV Petrom, the largest integrated energy company in Southeast Europe, has made significant discoveries of crude oil and natural gas resources in the Oltenia and Muntenia regions of southern Romania. The newly discovered deposits hold over 30 million barrels of oil equivalent (boe) of recoverable resources, representing a substantial addition to OMV Petrom’s…
TotalEnergies announces Ntokon oil and gas discovery offshore Nigeria
PARIS, FRANCE: TotalEnergies has made a significant oil and gas discovery, named Ntokon, in the offshore OML102 block located off the southeast coast of Nigeria. The discovery well, Ntokon-1AX, encountered 38 meters of net oil pay and 15 meters of net gas pay, while the side-track well, Ntokon-1G1, encountered an impressive 73 meters of net…
Bunge and Viterra merge in a global agribusiness deal
LONDON, UK: Glencore plc, along with the Canada Pension Plan Investment Board and British Columbia Investment Management Corporation, shareholders of Viterra Limited, have reached an agreement with Bunge Limited to merge Bunge and Viterra, creating a leading global agribusiness solutions company. The announcement was made by Bunge today, highlighting the cash and stock transaction involved…
Brookfield Renewable to acquire Duke Energy’s utility-scale renewables business for $2.8 billion
Duke Energy (NYSE: DUK) has reached an agreement to sell its utility-scale commercial renewables business to Brookfield Renewable Partners LP (“Brookfield Renewable”) (NYSE: BEP; TSX: BEP.UN) for an enterprise value of approximately $2.8 billion, including non-controlling tax equity interests and the assumption of debt. The sale includes Duke Energy Renewables’ portfolio of 5,900 megawatts (MW)…
Texel Air Australasia Launches as New Zealand’s Newest Cargo Airline
Auckland, New Zealand: Texel Air, a Bahraini cargo airline, has expanded its operations into Australasia with the launch of Texel Air Australasia, a sister airline located at Auckland International Airport. The official launch took place on Saturday, June 10, 2023, marking a significant milestone for New Zealand’s aviation industry. Texel Air Australasia will operate the…
Texere Publishing acquired by US healthcare media company BroadcastMed
Texere Publishing, a rapidly expanding specialist scientific and medical publisher based in Knutsford, has been acquired by US-based healthcare media company BroadcastMed. The acquisition marks another milestone in BroadcastMed’s aggressive expansion strategy, extending its reach to over 2.8 million healthcare professionals worldwide. Texere Publishing, founded in 2012, has cultivated an impressive portfolio of titles that…
Yourgene announces conditional divestment of Taiwanese subsidiary
LONDON, UK: Leading molecular diagnostic group Yourgene (AIM: YGEN) has announced the conditional divestment of its Taiwanese subsidiary, Yourgene Health Taiwan Co Ltd, to Singapore-based molecular diagnostics company INEX Innovate Pte Ltd. The divestment, valued at up to $4 million USD (approximately £3.2 million), will enable Yourgene to streamline its operations and concentrate on expanding…