PARIS, FRANCE: Nexans, a global cable and cable systems provider, has announced the launch of a new range of low-carbon distribution grid cables, the first of its kind in France. The company has successfully reduced greenhouse gas emissions in its low- and medium-voltage cables by 35% to 50%, depending on the product, by adopting a…
European Space and Telecoms Companies Form Partnership for Satellite Constellation IRIS²
PARIS, FRANCE: A group of European space and telecommunications players have joined forces to create a partnership aimed at responding to the European Commission’s call for tender regarding the future European satellite constellation, IRIS² (Infrastructure for Resilience, Interconnectivity, and Security by Satellite). The initiative aims to provide a new, secure, and resilient connectivity infrastructure to…
Aion and Microsoft partner to pursue digital traceability of circular plastic products
Aion, a spinoff of Aker BioMarine focused on plastic circularity and circular technology, has signed a memorandum of understanding with Microsoft to explore opportunities for joint innovation and co-selling related to digital traceability of circular plastic products. Aion Loop, the digital platform developed by Aion, provides value chain traceability and documented environmental effects. Under the…
InteliWell to equip Transocean Norge drilling rig with game-changing automation solution
OSLO, NORWAY: InteliWell, the joint venture between Intellilift AS, Transocean, and RigNet, has announced that it has secured its first contract to supply its proprietary drilling automation solution to the Transocean Norge rig. The solution, which consists of three complimentary software applications, will allow more efficient and consistent execution of drilling operations, reducing drilling time…
Titanium Sands to acquire James Global and partner with JAT Holdings for Sri Lankan activities
SYDNEY, AUSTRALIA: Australian-based mineral exploration company, Titanium Sands Limited (“TSL”), has announced that it has executed a Binding Term Sheet to acquire James Global (Pvt) Ltd (“James Global”) and to appoint JAT Holdings PLC as its in-country partner to assist with TSL’s Sri Lankan activities. This acquisition and partnership are expected to create potential synergies…
National World has acquired Insider Media Limited and The Rotherham Advertiser
LONDON, UK: National World Plc (LSE:NWOR) announced two acquisitions as part of its strategy to create a fully digitised multi-platform premium content and sales business which have been funded from its own cash resources, completed on 28 April 2023. Insider Media Limited is the UK’s leading regional B2B media company, with a loyal following of…
Tekcapital’s MicroSalt partners with Fortune 500 retailer for low-sodium snack solutions
LONDON, UK: UK IP Investment Group, Tekcapital Plc, (AIM: TEK) (OTCQB: TEKCF) has issued a commercial update on Microsalt Ltd’s partnership with a Fortune 500 national retailer. The agreement will see the development and execution of low-sodium solutions across the retailer’s extensive line of private branded snack offerings. The partnership will begin with the placement…
Blue Star Capital notes JV partnership launch between Dynasty Gaming & Media and Lets Play Live
Blue Star Capital plc, an AIM-listed investment company focused on esports, payments, technology, and media, is pleased to announce its partner Dynasty Gaming & Media Pte. Ltd’s (Dynasty) recent joint venture partnership with Lets Play Live (LPL), as reported in the Australian Financial Review. Lets Play Live is the largest esports tournament organizer in Australia…
Julie McEwan appointed permanent Chief Executive Officer of Hostmore Plc
LONDON, UK: The Board of the Company announced that after conducting a wide ranging and thorough search, Julie McEwan has been appointed permanent Chief Executive Officer of Hostmore Plc effective immediately. Since 10 January 2023, Julie McEwan has been acting as the Interim Chief Executive Officer and was previously the Chief Operating Officer since joining…
Longboat Energy makes transformational investment to create a Norwegian JV with JAPEX
Longboat Energy, an emerging full-cycle E&P (exploration and production) company, has announced that it has reached an agreement with Japan Petroleum Exploration Co. Ltd (JAPEX) to make a significant investment in its Norwegian subsidiary, Longboat Energy Norge AS, to form a joint venture. The new company will be renamed Longboat JAPEX Norge AS and aims…
Chariot partners with Vivo Energy to create natural gas distribution joint venture in Morocco
Chariot Limited, the Africa focused transitional energy company, has announced its partnership agreement with Vivo Energy with the aim of creating a midstream joint venture to oversee the distribution of natural gas to industrial customers in Morocco. The partnership will establish a jointly owned special purpose vehicle to purchase, transport and distribute natural gas to…
Mercia Asset Management reports £80m inflows into its funds
Mercia Asset Management, a specialist asset manager with around £1.4 billion of assets under management, has announced the continued inflows into its existing managed funds and successful new fund raises totaling around £80 million. The recent inflows into Mercia’s managed funds included £30 million raised for Frontier Development Capital’s Debt LP fund, £18 million raised…