OSLO, NORWAY: Vattenfall and Norwegian company Seagust have formed a joint venture to bid for offshore wind areas in Norway’s upcoming licensing rounds. The joint venture represents Vattenfall’s entry into the Norwegian wind market. The joint venture intends to bid…
RIYADH, SAUDI ARABIA: Avass Group signed an agreement with Kingdom Saudi Arabia (KSA) to jointly manufacture electric vehicles and lithium batteries. Australia-based Avass Group have endorsed a Memorandum of Understanding (MoU) with HRH Prince Abdulaziz Bin Abdullah Bin Saud Bin…
AMSTERDAM: ADQ and Alpha Dhabi Holding will acquire a 15% stake in the OCI Methanol Group for a total consideration of US$375 million. As part of the alliance, OCI Methanol Group will be incorporated as an ADGM company in Abu…
MEYLAN, FRANCE: Waga Energy will supply three cryogenic distillation modules to Air Liquide for two renewable natural gas (RNG) production plants currently under construction in the United States, a statement said. The cryogenic distillation modules, manufactured as standard components by…
OSLO, NORWAY: Fred. Olsen Windcarrier ASA announced its intention to launch an initial public offering (IPO) of new shares and apply for a listing on the Oslo Stock Exchange. The Fred. Olsen Windcarrier IPO is expected to comprise a primary…
SYDNEY, AUSTRALIA: Sparc Technologies Limited (ASX: SPN) has entered into binding Agreements with global green energy company Fortescue Future Industries (FFI) (100% subsidiary of Fortescue Metals Group, ASX: FMG) and the University of Adelaide, forming the Sparc Hydrogen Joint Venture….
LONDON, UK: Quadrise Fuels International announced the appointment of Andy Morrison as Non-Executive Chairman with immediate effect. Andy is a director of growth businesses with almost forty years of experience encompassing major multi-national corporations and junior public companies. Andy began…
Renault Group, Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation, the members of one of the world’s leading automotive alliances, today announced common projects and actions to accelerate and to shape their shared future towards 2030, focusing on the mobility value chain….
PERTH, AUSTRALIA: Fortescue Metals Group has entered into a share sale and purchase agreement to acquire 100 per cent of Williams Advanced Engineering Limited (WAE) from private equity firm EMK Capital and Williams Grand Prix Engineering Limited for £164 million….
ARENDAL, NORWAY: Tekna Holding, the world-leading provider of advanced materials to industry, announced the consolidation of its additive manufacturing powder production in Europe at a new facility in Pont-de-Veyle, in eastern France. Tekna has signed a nine-year lease agreement on…
STOCKHOLM, SWEDEN: International Petroleum Corporation (IPC) has raised $300 million through a bond issue, as the Lundin Group’s company explores diverse sources of funding to capitalize on the next phase of the energy transition in the upstream oil and gas…
PARIS, FRANCE: Air Liquide will setup a new Air Separation Unit (ASU) having 350 tonnes/day production capacity with an investment of Euro 40 million, dedicated to Industrial Merchant activities in Kosi, in the state of Uttar Pradesh, Northern India. This…