(IN BRIEF) Swiss Re Reinsurance Solutions has partnered with Wysa to launch Wysa Assure, an AI-driven mental health support app. Combining Swiss Re’s risk expertise with Wysa’s AI technology, the app offers on-demand mental health assistance through an AI chatbot … Read the full press release
(IN BRIEF) Rheinmetall AG, a tech enterprise, has secured an order worth several million euros for cathode and shut-off valves from a prominent fuel cell specialist in Europe’s heavy transport sector. This victory adds to Rheinmetall’s string of six series … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged fuel cell, Hydrogen Initiative, Rheinmetall
(IN BRIEF) Global technology and consulting leader Indra has successfully renewed its ISO 9001 Quality Management System certification, attesting to its adherence to the ISO 9001 standard’s requirements and high-level implementation across the organization. AENOR, the certifying body, recognized Indra’s … Read the full press release
Posted in Awards, Business, Industrial, Management, News, Spain, Technology
Tagged AENOR, Award, Indra, ISO 9001 certification, Ma. Teresa Atienza, management system, Nicolás Henríquez
(IN BRIEF) Global energy expert DNV has introduced its latest service specification, DNV-SE-0654, outlining procedures to verify assertions made by companies regarding the production and distribution of low-carbon hydrogen and ammonia. This service empowers hydrogen producers to demonstrate compliance with … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Industrial, Management, News, Norway
Tagged ammonia, DNV, DNV-SE-0654, Hans Kristian Danielsen, Jørg Aarnes, low-carbon hydrogen, sustainability
(IN BRIEF) Energy services provider Expro has announced its definitive agreement to acquire PRT Offshore, an offshore services provider, in a deal valued at approximately $106 million. The acquisition, subject to closing conditions and working capital adjustments, will be paid … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged acquisition, Expro, Michael Jardon, partnership, PRT Offshore, Subsea Services
(IN BRIEF) Equinor has solidified its position in the low-carbon solutions arena with a 25% stake acquisition in Bayou Bend CCS LLC. This partnership bolsters one of the largest US carbon capture and storage (CCS) projects situated along the Gulf … Read the full press release
(IN BRIEF) SEAT S.A. has achieved exceptional financial results in the first half of 2023, with an operating profit of 371 million euros, showcasing a notable increase due to the success of its CUPRA brand and heightened SEAT brand volume. … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Management, News, Spain
Tagged CUPRA, CUPRA Formentor, David Powels, Financial, SEAT S.A., Wayne Griffiths
(IN BRIEF) EUROGATE, a major container terminal operator in Europe, has joined forces with Deutsche Telekom to establish three advanced 5G campus networks at key ports. This collaboration aims to digitally transform port logistics operations by improving mobile coverage and … Read the full press release
Posted in Business, Germany, Industrial, Infrastructure & Utilities, Internet & Online, Management, Technology, Telecom, Transportation & Logistics
Tagged 5G, 5G campus networks, Campus-Netz L, Connected container terminals, Deutsche Telekom, digital logistics applications, digitization of port logistics, EUROGATE, Hagen Rickmann, Michael Blach, Telekom
(IN BRIEF) Sarawak Shell Berhad (SSB), a subsidiary of Shell plc, has announced the initiation of gas production from the Timi platform in Malaysia, operating under the SK318 production sharing contract (PSC). Unique for its hybrid solar and wind power … Read the full press release
(IN BRIEF) Eni has initiated oil and gas production from the Baleine Field off the coast of Côte d’Ivoire, less than two years after its discovery in September 2021. This marks Africa’s first Scope 1 and 2 emissions-free production project. … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Italy
Tagged Baleine Field, Claudio Descalzi, Côte d’Ivoire, Eni, gas, hydrocarbon, Ivorian blocks, oil, PetroCi, Petroci Holding, SDGs
(IN BRIEF) AFRY has achieved certification as a Nasdaq ESG Transparency Partner for 2022, demonstrating its commitment to transparency in sharing Environmental, Social, and Governance (ESG) information with investors. By obtaining this certification, AFRY emphasizes its dedication to sustainability as … Read the full press release
Posted in Awards, Business, Environment, Industrial, Management, News, Sweden
Tagged AFRY, Award, ESG Transparency, NASDAQ, partnership, Sara Lindstrand, sustainability
(IN BRIEF) Iberdrola’s subsidiary Avangrid has established a Data Science and Analytics team to develop proprietary AI systems aimed at enhancing grid reliability and customer service quality. The team comprises seven data scientists, engineers, and analysts, creating three distinct AI … Read the full press release
(IN BRIEF) Sappi Saiccor, a dissolving pulp producer, has entered into a three-year service contract with ANDRITZ for two recovery boilers at its mill in Umkomaas, South Africa. The boilers, operational since 2008 and 2021, produce steam for the mill’s … Read the full press release
Posted in Austria, Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, boiler, partnership, Sappi Saiccor, sustainability
(IN BRIEF) Saab aims to demonstrate the integration of its missile-equipped RBS 70 NG Mobile Firing Unit (MFU) with advanced technologies, including the Barracuda Mobile Camouflage System and tactical electronics, onto the Joint Light Tactical Vehicle (JLTV). The purpose is … Read the full press release
Posted in Automotive, Business, Defence, Government, Industrial, Management, News, Security & Safety, Sweden, Technology
Tagged Camouflage Technology, Görgen Johansson, Integrated Air Defense Solution, JLTV, Missile System, Saab
(IN BRIEF) Equinor and its partners have successfully completed a project to increase production by 26 million barrels of oil equivalents from the Statfjord Øst field in Norway. The project was finished with strong safety outcomes and within estimated costs, … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged Camilla Salthe, Equinor, Ketil Rongved, Norway, Statfjord Øst Field
(IN BRIEF) Barclays has appointed Emma Taylor as the Global Head of Internet Coverage and Carmen Chan as a Managing Director of Internet Coverage within the Technology Investment Banking division. Emma Taylor, with nearly 20 years of experience in Technology … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged appointments, Barclays, Carmen Chan, Emma Taylor, Kristin Roth DeClark, leadership
(IN BRIEF) BAE Systems has secured a contract modification exceeding $190 million for the production of the Bradley A4, a crucial combat vehicle used by Armored Brigade Combat Teams. The contract includes over 70 M2A4 Infantry Fighting Vehicles and M7A4 … Read the full press release
Posted in Automotive, Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, United Kingdom
Tagged BAE Systems, Bradley A4, combat vehicles, Dan Furber, partnership
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is granting a loan of up to €25 million to LifeSpot, a residential rental accommodation operator in Poland. The loan aims to address Poland’s housing shortage, which has been exacerbated … Read the full press release
Posted in Banks, Business, Financial, Industrial, Management, News, Real Estate, United Kingdom
Tagged EBRD, Housing Shortage, Klajd Hasimi, LifeSpot, Marek Obuchowicz, Poland, Refugee Influx
(IN BRIEF) Ahlstrom has finalized an agreement to sell its Stenay plant in France to Accursia Capital, a move that aligns with Accursia Capital’s long-term investment strategy to bolster the plant’s position in the paper-based packaging market. The divestment, supported … Read the full press release
Posted in Business, Financial, Finland, France, Industrial, Investment, Management, News
Tagged Accursia Capital, acquisition, Ahlstrom, France, Mark Ushpol, Martin Scheiblegger, partnership, Stenay plant
(IN BRIEF) Ahlstrom, in collaboration with The Paper People LLC, has introduced a breakthrough in sustainable packaging with a fully fiber-based, recyclability-certified solution for frozen foods. This packaging, designed to replace conventional fossil-based plastics, provides an eco-friendly alternative for frozen … Read the full press release
Posted in Business, Environment, Finland, Food & Beverage, Industrial, Technology
Tagged Ahlstrom, FluoroFree®, Food Packaging, frozen food packaging, packaging, paper, The Paper People LLC
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