Search Results for: exploration

Consolidation and Focus: Anglo American Streamlines Production Businesses into Two Regions

(IN BRIEF) Anglo American, a global mining company, has announced significant changes to its senior management team and organizational structure. The company has appointed Al Cook as CEO of De Beers, Alison Atkinson as Projects & Development Director, and Monique … Read the full press release

TotalEnergies Secures 20-Year Renewal for OML130 Production License in Nigeria

(IN BRIEF) TotalEnergies has successfully renewed the production license for OML130 block in Nigeria for an additional 20 years. The block, located off the Nigerian coast, is home to the productive Akpo and Egina fields. In 2022, the block produced … Read the full press release

ORLEN Group’s PGNiG Upstream Norway Discovers Significant Increase in Øst Frigg Field Reserves

(IN BRIEF) PGNiG Upstream Norway, a subsidiary of the ORLEN Group, has announced a significant increase in the estimated oil reserves of the Øst Frigg Beta/Epsilon discovery. The field may contain twice as much oil as previously assumed, with recoverable … Read the full press release

Partnership Between Guiné Bissau and Eni to Drive Environmental and Health Initiatives

(IN BRIEF) The Government of Guiné Bissau and Eni have signed a Memorandum of Intent (MoI) to explore collaboration opportunities in various areas, including exploration, climate solutions, agriculture, sustainability, and health. The MoI aims to promote sustainable growth, protect forests, … Read the full press release

TotalEnergies Expands Offshore Portfolio in Suriname through Strategic PSC Agreements

(IN BRIEF) TotalEnergies and its partners have signed Production Sharing Contracts (PSC) with Staatsolie Maatschappij Suriname for offshore Blocks 6 and 8 in Suriname. TotalEnergies will operate the blocks with a 40% interest, while QatarEnergy holds 20% and Paradise Oil … Read the full press release

TotalEnergies, Sonangol Sign Angola Field Development Agreement With ANPG

(IN BRIEF) ANPG, TotalEnergies, and Sonangol Pesquisa e Produção signed a heads of agreement related to the development of the Cameia and Golfinho fields in the Kwanza basin. The project, located around 150 km southwest of Luanda, will comprise an … Read the full press release

ABP’s Horizon Cruise Terminal Proves Capability to Support LNG-Powered Ships

(IN BRIEF) The Port of Southampton, owned and operated by Associated British Ports (ABP), has welcomed two LNG-powered cruise ships on their maiden calls in just four days. AIDAnova and Le Commandant Charcot proved the port’s capability to support such … Read the full press release

LEGO Super Mario expands franchise with Donkey Kong-inspired world

(IN BRIEF) The LEGO Group has announced the expansion of its LEGO Super Mario franchise to include Donkey Kong, Cranky Kong, Diddy Kong, Funky Kong, and Dixie Kong for the first time ever in LEGO brick form. Four new products … Read the full press release

Ericsson and AMD to collaborate on Cloud RAN solutions for 5G connectivity and beyond

(IN BRIEF) Ericsson has announced a collaboration agreement with AMD, aimed at boosting its Open RAN and Cloud RAN ecosystem commitment. The partnership seeks to enhance the performance of Cloud RAN and offer high-capacity solutions to communications service providers (CSPs). … Read the full press release

CUPRA’s Metahype: A new era of immersive brand experience

(IN BRIEF) CUPRA has unveiled Metahype, a virtual island in the metaverse designed for brands, creators and communities to collaborate and live emotional experiences. The innovative platform was presented at CUPRA’s Exponential Impulse event in Berlin and is made up … Read the full press release

Anglo American partners with H2 Green Steel for low-carbon steel production trials

(IN BRIEF) Anglo American has signed a memorandum of understanding with H2 Green Steel to collaborate on the advancement of low carbon steelmaking processes. Under the agreement, the two companies will study and trial the use of premium quality iron … Read the full press release

Siemens Xcelerator partners with NTT Com and NTT DATA to enable climate-neutral production

(IN BRIEF) Siemens has partnered with Japan-based companies NTT Com and NTT DATA to create a one-stop portfolio to decarbonize industry by enabling climate-neutral production using materials from a sustainable supply chain. The three companies will develop a range of … Read the full press release

Mariama Attah joins Deutsche Börse Photography Foundation as Associate Curator

(IN BRIEF) The Deutsche Börse Photography Foundation has appointed Mariama Attah as the Associate Curator for the Art Collection Deutsche Börse. Attah, who is the Head of Exhibitions at Open Eye Gallery in Liverpool, will advise the Deutsche Börse Photography … Read the full press release

Zalando, CNMI, and Highsnobiety Host Successful Luxury Fashion Event in Milan

(IN BRIEF) Zalando partnered with Camera Nazionale della Moda Italiana and Highsnobiety to host an event called “Changemakers in Luxury Fashion” in Milan’s Palazzo Citterio. The event recognized some of the leading thinkers in the luxury fashion scene who represent … Read the full press release

CERN and ICRC partnership boosts open science and humanitarian efforts

(IN BRIEF) CERN and the International Committee of the Red Cross (ICRC) have signed a cooperation agreement to share knowledge and expertise on using free and open source technologies to support vital humanitarian work. ICRC representatives from its Delegation for … Read the full press release

Inmarsat’s ELERA network to enhance AtomBeam’s IoT data solution for remote asset tracking and management

(IN BRIEF) AtomBeam Technologies has joined Inmarsat’s ELEVATE programme, a development programme, ecosystem and marketplace that supports providers of software, hardware and solutions, and original equipment manufacturers in commercial land markets. As an ELEVATE partner, AtomBeam Technologies will provide customers … Read the full press release

Deutsche Telekom’s IT subsidiary T-Systems to offer cloud access to IBM quantum systems

(IN BRIEF) T-Systems, the IT subsidiary of Deutsche Telekom, has announced that it will offer its customers cloud access to IBM’s quantum systems, including multiple quantum computers powered by the 127-qubit IBM Eagle processor. The company will provide tailored quantum … Read the full press release

Vivendi and Havas Play collaborate with The Sandbox for “French Weeks” event

(IN BRIEF) Vivendi has built a virtual “clubhouse” in the metaverse of The Sandbox, and is inviting players to explore the group’s core businesses through a scavenger hunt-style immersive experience. The experience requires players to find seven components that represent … Read the full press release

Merck to exhibit innovative pigment development for automotive coatings at European Coatings Show 2023

(IN BRIEF) Merck will showcase innovative ideas and new products for the paint and coatings industry at the European Coatings Show 2023 in Germany. One of the highlights will be the latest pigment development from the company that enables Surface … Read the full press release

Robin Mooldijk and Philippa Bounds appointed to top roles at Shell

(IN BRIEF) Shell’s Projects & Technology Director, Harry Brekelmans, and Legal Director, Donny Ching, are stepping down from their positions after 33 years of service with the company. Brekelmans will be replaced by Robin Mooldijk, the current Executive Vice President … Read the full press release

Volvo Trucks and Boliden partner to introduce electric trucks in underground mines

(IN BRIEF) Volvo Trucks and mining company Boliden are partnering to introduce electric truck transport in underground environments. The partnership will involve Boliden using two heavy, electric Volvo trucks in their Kankberg mine, outside Skellefteå in northern Sweden. The electric … Read the full press release

Eni Discovers More Than 200M Barrels of Oil Offshore Mexico

(IN BRIEF) Italian energy company Eni has made a new oil discovery on the Yatzil exploration prospect in Block 7 offshore Mexico. Preliminary estimates suggest that the discovery may contain around 200 million barrels of oil in place. The Yatzil-1 … Read the full press release

Luxembourg Future Fund 2 lancé avec 200 millions d’euros pour soutenir l’innovation

(ACTUALITÉ EN BREF) Le Luxembourg Future Fund 2 (LFF 2) a été lancé par le ministère des Finances, le ministère de l’Économie, la Société Nationale de Crédit et d’Investissement (SNCI) et le Fonds européen d’investissement (FEI) pour fournir 200 millions … Read the full press release

Luxembourg Future Fund 2 Launched with €200 Million to Support Innovation

(IN BRIEF) The Luxembourg Future Fund 2 (LFF 2) has been launched by the Ministry of Finance, Ministry of the Economy, Société Nationale de Crédit et d’Investissement (SNCI), and the European Investment Fund (EIF) to provide €200 million in total … Read the full press release

Equinor strikes oil and gas for eighth time near Troll field in North Sea

(IN BRIEF) Norwegian energy company Equinor has discovered oil and gas near the Troll field in the North Sea for the eighth time since 2019. Named Heisenberg, the discovery well was drilled by the Deepsea Stavanger drilling rig and is … Read the full press release

ING to restrict funding to midstream oil and gas activities as part of net-zero strategy

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING, a Dutch multinational bank, has announced that it will no longer provide dedicated finance for midstream oil and gas infrastructure that unlocks new oil and gas fields. The decision comes a year after the bank stopped funding … Read the full press release

Merck and Intel fund academic research program in Europe to drive sustainable semiconductor manufacturing with AI and machine learning

(IN BRIEF) Merck and Intel have signed a memorandum of understanding to invest in a new academic research program aimed at driving innovation in semiconductor manufacturing processes and technologies using artificial intelligence (AI) and machine learning. The companies will jointly … Read the full press release

Equinor Boosts UK Operations with $850 Million Suncor Energy Acquisition

(IN BRIEF) Equinor UK Limited has agreed to acquire Suncor Energy UK Limited for $850 million, which includes a non-operated interest in the Buzzard oil field (29.89%) and an additional operated interest in the Rosebank development (40%). The acquisition will … Read the full press release

Equinor erwirbt Beteiligung an fünf Entdeckungen in der Nordsee

(IN KÜRZE) Equinor hat zugestimmt, von Wellesley Petroleum eine Kapitalbeteiligung an fünf Entdeckungen in der Nordsee auf dem norwegischen Festlandsockel zu erwerben. Die Entdeckungen befinden sich in den Gebieten Troll, Fram und Kvitebjørn, wo Equinor seit 2019 sieben Entdeckungen gemacht … Read the full press release

Equinor Acquires Equity Interest in Five North Sea Discoveries

(IN BRIEF) Equinor has agreed to acquire an equity interest in five discoveries in the North Sea on the Norwegian continental shelf from Wellesley Petroleum. The discoveries are located in the Troll, Fram, and Kvitebjørn area, where Equinor has made … Read the full press release

BP and Partners Aim to Lower Operational Emissions with Gravity-Based Structure for Greater Tortue Ahmeyim LNG Project

(IN BRIEF) BP and its partners have announced the development concept for the second phase of the Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project, which includes the evaluation of a gravity-based structure (GBS) for the GTA Phase 2 … Read the full press release

Equinor Adds to its North Sea Portfolio with Røver Sør Discovery

(IN BRIEF) Equinor, a Norwegian energy company, has made another oil and gas discovery, named Røver Sør, close to its Troll field in the North Sea. The size of the discovery is estimated to be between 17 and 47 million … Read the full press release

L’application Caura All-in-One Motoring reçoit un investissement de 4 millions de livres sterling du Lloyds Banking Group pour simplifier la propriété d’une voiture

(ACTUALITÉ EN BREF) Lloyds Banking Group a investi 4 millions de livres sterling dans Caura, une application automobile tout-en-un primée conçue pour simplifier la possession d’une voiture pour les conducteurs britanniques. Caura, disponible sur iOS et Android, fournit une interface … Read the full press release

Airbus-built JUICE spacecraft set for lift-off to study Jupiter’s icy moons

(PRESS RELEASE) TOULOUSE, 20-Jan-2023 — /EuropaWire/ — Airbus (EPA: AIR), a European multinational aerospace corporation, announces that the Airbus-built JUICE (JUpiter ICy moons Explorer mission) spacecraft is set to depart from Toulouse, France for Kourou, French Guiana for its launch on … Read the full press release

Die von Airbus gebaute Raumsonde JUICE soll abheben, um Jupiters Eismonde zu untersuchen

(PRESSEMITTEILUNG) TOULOUSE, 20-Jan-2023 — /EuropaWire/ — Airbus (EPA: AIR), ein europäisches multinationales Luft- und Raumfahrtunternehmen, gibt bekannt, dass das von Airbus gebaute Raumschiff JUICE (JUpiter ICy Moons Explorer Mission) von Toulouse, Frankreich, nach Kourou, Französisch-Guayana, aufbrechen wird, um im April 2023 … Read the full press release

TotalEnergies ramps up gas production in Oman, inks LNG deal for European and Asian markets

(PRESS RELEASE) PARIS, 20-Jan-2023 — /EuropaWire/ — TotalEnergies (EPA:TTE), a global multi-energy company with over 100,000 employees and presence in more than 130 countries as well as the world’s 3rd-largest low-carbon LNG company, is rolling out its integrated gas strategy … Read the full press release

TotalEnergies aumenta la produzione di gas in Oman e sigla un accordo sul GNL per i mercati europei e asiatici

(COMUNICATO STAMPA) PARIGI, 20-Jan-2023 — /EuropaWire/ — TotalEnergies (EPA:TTE), una multi-energy company globale con oltre 100.000 dipendenti e una presenza in più di 130 paesi, nonché la terza più grande azienda mondiale di GNL a basse emissioni di carbonio, sta … Read the full press release

TotalEnergies Approves Final Investment Decision for Lapa South-West Oil Development in Brazil

(PRESS RELEASE) PARIS, 16-Jan-2023 — /EuropaWire/ — TotalEnergies (EPA:TTE), a global multi-energy company with over 100,000 employees and presence in more than 130 countries as well as the world’s 3rd-largest low-carbon LNG company, has announced its approval of the final … Read the full press release

TotalEnergies Aprova Decisão Final de Investimento para o Desenvolvimento Petrolífero da Lapa Sudoeste no Brasil

(COMUNICADO DE IMPRENSA) PARIS, 16-Jan-2023 — /EuropaWire/ — TotalEnergies (EPA:TTE), uma empresa multienergética global com mais de 100.000 funcionários e presença em mais de 130 países, bem como a 3ª maior empresa de GNL de baixo carbono do mundo, anunciou … Read the full press release

AXA erneuert das Mandat seines AXA Research Fund um fünf weitere Jahre und unterstützt die Erforschung neu auftretender Risiken und Partnerschaften mit akademischen Experten zu wichtigen gesellschaftlichen Themen

(PRESSEMITTEILUNG) PARIS, 12-Jan-2023 — /EuropaWire/ — AXA (EPA: CS), ein französisches multinationales Versicherungs- und Vermögensverwaltungsunternehmen, hat bekannt gegeben, dass es das Mandat des AXA Research Fund um fünf Jahre verlängert hat. Der Fonds, eine der größten wissenschaftlichen Philanthropie-Initiativen im Privatsektor, … Read the full press release