Search Results for: exploration

Rolls-Royce Awarded Contract by NASA for Space-Based Nuclear Microreactor Project

(IN BRIEF) Rolls-Royce has secured a $1 million contract from NASA’s Glenn Research Center to develop an Advanced Closed Brayton Cycle converter for next-generation space-based nuclear microreactors. Over a 12-month period, Rolls-Royce LibertyWorks will design a closed-cycle Brayton power conversion … Read the full press release

TotalEnergies and OQ Finalize Marsa LNG Project, Pioneering Low-Emission LNG Production in Oman

(IN BRIEF) During a visit to Muscat, Patrick Pouyanné, Chairman and CEO of TotalEnergies, reaffirmed the enduring partnership between TotalEnergies and Oman by announcing the Final Investment Decision (FID) for the Marsa LNG project. This project, in collaboration with OQ, … Read the full press release

Thales Alenia Space Secures €522m Contract for ExoMars 2028 Mission

(IN BRIEF) Thales Alenia Space, a joint venture between Thales and Leonardo, has clinched a significant framework contract with the European Space Agency (ESA) worth €522m for the continuation of crucial activities towards the ExoMars 2028 mission. The mission, slated … Read the full press release

Digital Inclusion Initiative: Orange Digital Center Partners with Coursera to Provide Essential Digital Skills Training to Youth in Africa and the Middle East

(IN BRIEF) Orange Digital Center has partnered with Coursera to launch a free high-level certification training program for youth in Africa and the Middle East. The initiative aims to provide essential digital skills training, including areas such as AI, cybersecurity, … Read the full press release

TotalEnergies Expands U.S. Gas Production with Dorado Leases Acquisition

(IN BRIEF) TotalEnergies has announced the acquisition of Lewis Energy Group’s 20% interest in the Dorado leases operated by EOG Resources in the Eagle Ford shale gas play, bolstering its natural gas production capacity in Texas. This move is set … Read the full press release

TotalEnergies and Papua New Guinea Prime Minister Discuss Progress of Papua LNG Project

(IN BRIEF) Prime Minister James Marape of Papua New Guinea and Patrick Pouyanné, Chairman and CEO of TotalEnergies, convened to review the status of the Papua LNG project. TotalEnergies affirmed its commitment, alongside project partners ExxonMobil, Santos, and JX Nippon, … Read the full press release

Rolls-Royce Secures Funding for Space Nuclear Power Research

(IN BRIEF) Rolls-Royce has been awarded £1.18 million from Phase 2 of the UK Space Agency’s International Bilateral Fund (IBF) to advance strategic research partnerships within the UK space sector and with emerging space nations. This funding will support collaborative … Read the full press release

LEGO Group Unveils Long-Term Initiatives for Autism Acceptance Month

(IN BRIEF) In recognition of Autism Acceptance Month, the LEGO Group, along with LEGO House and the LEGO Foundation, announces a series of initiatives aimed at supporting neurodivergent children and adults. These initiatives include KultureCity® Sensory Inclusive™ Certification for LEGO … Read the full press release

Unitaid Grants Additional Funding to University of Liverpool-led LONGEVITY Project for Long-Acting Infectious Disease Therapeutics

(IN BRIEF) Unitaid has allocated over £6 million in new funding to the University of Liverpool-led LONGEVITY project, aimed at enhancing long-acting therapeutics for tuberculosis, malaria, and hepatitis C. Started in 2020, the project has achieved preclinical milestones for long-acting … Read the full press release

Kumba Iron Ore Achieves IRMA 75 Performance Level, Demonstrating Commitment to Responsible Mining

(IN BRIEF) Kumba Iron Ore Limited, a subsidiary of Anglo American plc, has announced that its Sishen and Kolomela mines in South Africa have attained the Initiative for Responsible Mining Assurance’s (IRMA) IRMA 75 level of performance. This achievement underscores … Read the full press release

New Research by The Alan Turing Institute Highlights Potential of Large Language Models in Finance

(IN BRIEF) The Alan Turing Institute has released a groundbreaking report suggesting that Large Language Models (LLMs) could revolutionize efficiency and safety within the finance sector. The research explores how LLMs can detect fraud, generate financial insights, and automate customer … Read the full press release

AstraZeneca and Sanofi’s Beyfortus Receives Approval in Japan for Prophylaxis against Respiratory Syncytial Virus

(IN BRIEF) AstraZeneca and Sanofi celebrate the approval of Beyfortus (nirsevimab) in Japan by the Ministry of Health, Labour, and Welfare for preventing lower respiratory tract disease (LRTD) caused by respiratory syncytial virus (RSV) in neonates, infants, and children entering … Read the full press release

Merck Expands M LabTM Collaboration Center in Shanghai, Enhancing Biopharmaceutical Capabilities

(IN BRIEF) Merck, a prominent science and technology company, announces a €14 million expansion of its M LabTM Collaboration Center in Shanghai, bolstering its support for the biopharmaceutical industry in China. The expansion includes new facilities such as a biology … Read the full press release

TotalEnergies Celebrates Tyra Hub Restart: Denmark Returns to Gas Self-Sufficiency

(IN BRIEF) TotalEnergies announces the successful restart of production from the Tyra hub in the Danish North Sea following a major redevelopment project. The revamped hub is set to produce 5.7 million cubic meters of gas and 22,000 barrels of … Read the full press release

UniCredit Debuts “Uni Sonos” at Milan Design Week 2024, Celebrating Women’s Empowerment and Creativity

(IN BRIEF) UniCredit unveils its collaboration with Arena di Verona and Studiopepe at Milan Design Week 2024 with “Uni Sonos,” a groundbreaking installation celebrating women’s empowerment, diversity, and creativity. Featuring costumes from the 100th Arena di Verona Opera Festival, the … Read the full press release

Boliden’s Multi-Billion Investment Drive: New Tech Breakthroughs and Environmental Commitments

(IN BRIEF) Boliden, a leading mining and smelting company, has unveiled a significant investment plan totaling SEK 4.8 billion in a new tank house at Rönnskär, set to enhance copper cathode and precious metal production by 2026. Additionally, investments in … Read the full press release

Thales Alenia Space Chosen by ESA to Lead European Consortium for Harmony Mission

(IN BRIEF) Thales Alenia Space has been selected by the European Space Agency (ESA) to spearhead a wide-ranging European industrial consortium for the Harmony mission, leveraging its extensive expertise in radar-based Earth observation satellites. This partnership aims to develop the … Read the full press release

Breakthrough Study Shows Amlitelimab’s Long-lasting Effectiveness in Atopic Dermatitis Treatment

(IN BRIEF) In a groundbreaking Phase 2b study, amlitelimab demonstrates remarkable potential in maintaining treatment response for patients with moderate to severe atopic dermatitis (AD). Presented at the American Academy of Dermatology (AAD) 2024 Conference, the study reveals sustained improvement … Read the full press release

Thales Alenia Space Selected for Mars Ice Mapper Communications Development

(IN BRIEF) Thales Alenia Space has been contracted by the Italian Space Agency (ASI) to develop the communications subsystem for the International Mars Ice Mapper (I-MIM) mission. The mission aims to identify and measure water ice on Mars. Thales Alenia … Read the full press release

Stellantis Pours €5.6 Billion into South America: A Game-Changer for the Region’s Automotive Sector

(IN BRIEF) Stellantis has unveiled an ambitious investment plan of €5.6 billion in South America, marking the largest ever investment in the region’s automotive industry. This substantial funding will span from 2025 to 2030 and will facilitate the introduction of … Read the full press release

Equinor Resumes Helicopter Flights After Safety Review

(IN BRIEF) Equinor, following consultation with the Civil Aviation Authority, has made the decision to resume flights with Sikorsky S-92 helicopters to installations on the Norwegian continental shelf (NCS). This decision comes after a temporary suspension of all flights following … Read the full press release

Sustainable Support: Repsol Powers Spanish Antarctic Campaign with 100% Renewable Energy

(IN BRIEF) Repsol, a leading energy company, is supplying 100% renewable fuels to power the Gabriel de Castilla Base during the Spanish Army’s 37th Antarctic Campaign. This initiative supports sustainability efforts in one of the most environmentally sensitive regions on … Read the full press release

Ericsson and O2 Telefónica Forge Ahead with Cloud RAN Deployment in Europe

(IN BRIEF) Ericsson and O2 Telefónica are set to deploy Cloud RAN technology in Offenbach, Germany, in the first half of 2024, marking the introduction of Ericsson Cloud RAN in Europe. This joint initiative aims to leverage virtualization and cloud … Read the full press release

Ericsson-Intel Tech Hub Achieves Milestone with Successful Cloud RAN Call Using Future Xeon Processor

(IN BRIEF) The Ericsson-Intel Tech Hub, stationed in Santa Clara, USA, has reached a significant milestone with the successful completion of a Cloud RAN call utilizing Intel’s future Xeon processor, Granite Rapids-D. This achievement underscores the hub’s role as a … Read the full press release

The latest on quantum computing in Europe, January 2023 – February 2024

(IN BRIEF) Europe has made significant progress in quantum computing with investments, partnerships, and innovations. Highlights include a €3.5 million investment in LioniX International by the University of Twente, and T-Systems offering cloud access to IBM’s quantum systems. Other developments … Read the full press release

Anglo American Acquires Vale’s Serpentina Iron Ore Resource for Integration into Minas-Rio Mine

(IN BRIEF) Anglo American plc announces its acquisition of Vale SA’s high-quality iron ore resource, Serra da Serpentina, to integrate it into its Minas-Rio mine in Brazil. This transaction, facilitated by Vale’s contribution of Serpentina and cash, enables Anglo American … Read the full press release

Thales Alenia Space Launches Merah Putih-2 Satellite, Aiding Digital Expansion in Indonesia

(IN BRIEF) The Merah Putih-2 telecommunications satellite, formerly known as Telkomsat HTS 113BT, was successfully launched from Cape Canaveral, Florida, atop a SpaceX Falcon9 rocket. Designed to bolster connectivity infrastructure across Indonesia, the satellite aims to enhance digital businesses and … Read the full press release

Exploring Mars from Earth: Thales Alenia Space’s MARSBalloon Initiative Takes Flight

(IN BRIEF) Thales Alenia Space launches MARSBalloon 2024, a hands-on science project for primary and secondary students, aiming to spark interest in space exploration and science careers. Students design experiments to test various materials and conditions in a simulated Mars … Read the full press release

Art Meets Technology: Volkswagen Group Elevates Dialogue on Digitalization and AI in Art with Two-Year Partnership

(IN BRIEF) The Volkswagen Group has partnered with the KW Institute for Contemporary Art in Berlin for a two-year project called “KW Digital: Poetics of Encryption.” This initiative explores the impact of digitalization and artificial intelligence on art and society. … Read the full press release

Eni Successfully Wraps Up Cronos-2 Well Appraisal in Offshore Cyprus

(IN BRIEF) Eni has completed the Cronos-2 well appraisal in Block 6, offshore Cyprus, confirming a production capacity exceeding 150 MMSCFD. The well aimed to assess the extension and reservoir characteristics of the Cronos gas discovery, proving hydraulic communication and … Read the full press release

ABP Southampton Sponsors Southampton Hospitals Charity’s Light the South Art Trail

(IN BRIEF) ABP Southampton proudly announces its sponsorship of the Southampton Hospitals Charity Light the South Art Trail, which will feature 40 8ft lighthouses spread across Southampton and Cowes on the Isle of Wight during the summer. This community event … Read the full press release

TotalEnergies Launches Akpo West Field Production, Boosts Nigeria’s Energy Sector

(IN BRIEF) TotalEnergies, along with its partners, has commenced production from the Akpo West field in Nigeria’s PML2 license area. This field, located 135 kilometers off the coast, is tied back to the existing Akpo Floating Production Storage and Offloading … Read the full press release

Equinor Posts Robust Q4 Earnings of USD 8.68 Billion Amid Strategic Growth Moves

(IN BRIEF) Equinor, a leading energy provider, reported strong financial results for the fourth quarter of 2023, recording adjusted earnings of USD 8.68 billion and USD 1.88 billion after tax. The quarter saw significant operational achievements, including a 2.1% production … Read the full press release

Eni CEO and Indonesian President Discuss Energy Transition and Gas Potential in High-Level Meeting

(IN BRIEF) The President of Indonesia, Joko Widodo, met with Claudio Descalzi, the CEO of Eni, in Jakarta to discuss Eni’s ongoing projects and future initiatives in Indonesia. Descalzi highlighted Eni’s significant milestones in 2023, including the discovery of 5 … Read the full press release

Rolls-Royce Unveils ‘Year of the Dragon’ Bespoke Commissions Celebrating Chinese Culture

(IN BRIEF) Rolls-Royce Motor Cars has revealed four exclusive ‘Year of the Dragon’ Bespoke commissions to commemorate the Lunar New Year, commencing on February 10, 2024. These handcrafted creations include three Phantom Extended models and one Cullinan, all designed and … Read the full press release

Leadership Changes Announced in Merck Family Board Elections

(IN BRIEF) E. Merck KG, representing the Merck family’s interests in Merck KGaA, has disclosed the results of its regular board elections. Johannes Baillou, with 30 years of board experience at E. Merck KG, has been elected as Chairman of … Read the full press release

Merck Launches Digital Hub in Singapore to Drive Healthcare and Semiconductor Innovation

(IN BRIEF) Merck, a leading science and technology company, has inaugurated the Merck Digital Hub in Singapore, its first digital hub outside of the US and Europe. Supported by the Singapore Economic Development Board (EDB), the hub aims to accelerate … Read the full press release

Hellas Sat 5 to Feature Cutting-Edge Optical Communication Payload in Partnership with Thales Alenia Space

(IN BRIEF) Hellas Sat and Thales Alenia Space have entered into a partnership to develop an optical communication payload for the upcoming Hellas Sat 5 telecommunications satellite. The aim is to offer cutting-edge communication services with high data rates from … Read the full press release

DNV and SDTR Marine Collaborate on CCS Feasibility Study for Bulk Carrier

(IN BRIEF) DNV and SDTR Marine, a Singapore-based shipping company, have joined forces in a Joint Development Project (JDP) to conduct a feasibility study on Carbon Capture and Storage (CCS) for SDTR Marine’s 85,000 dwt Kamsarmax bulk carrier. The collaboration … Read the full press release

Shell to Sell Nigerian Onshore Subsidiary SPDC to Renaissance Consortium for $1.3 Billion

(IN BRIEF) Shell has entered into an agreement to divest its Nigerian onshore subsidiary, The Shell Petroleum Development Company of Nigeria Limited (SPDC), to the Renaissance consortium. This consortium comprises four Nigerian exploration and production companies and an international energy … Read the full press release