LONDON: Wheaton Precious Metals Corp. has announced that its subsidiary, Wheaton Precious Metals International Ltd., has entered into a definitive agreement with Montage Gold Corp. for the Koné Gold Project in Côte d’Ivoire. This agreement, known as the Gold Stream, involves Wheaton providing a total upfront cash consideration of $625 million in four equal installments…
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Masdar partners with Presight to develop an advanced asset management tool
ABU DHABI: Masdar, the UAE’s leading clean energy company, has entered into a strategic partnership with Presight, a top-tier big data analytics firm powered by generative artificial intelligence (AI). This collaboration aims to develop an advanced asset management tool for Masdar’s global renewable energy projects. Masdar’s renewable energy installations, including solar panels, inverters, and wind…
Wildcat Petroleum partners with Nile Petroleum to acquire Petronas Sudan
LONDON: Wildcat Petroleum Plc has entered into a Memorandum of Understanding (MOU) with Nile Petroleum Corporation, the National Oil and Gas Corporation of South Sudan, to collaborate together for acquiring the assets held by Petronas Carigali Nile Limited (PCNL), a subsidiary of Petronas Nasional Berhad, in the Republic of South Sudan. On 7 August 2024,…