(IN BRIEF) TotalEnergies has agreed to acquire a 42.5 percent operated stake in Namibia’s offshore PEL104 exploration license from Eight Offshore Investments Holdings and Maravilla Oil & Gas, which will make it the operator alongside Petrobras, Namcor and Eight once … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, Technology
Tagged deepwater exploration, Eight Offshore Investments Holdings, exploration license, joint venture, Lüderitz Basin, Maravilla Oil & Gas, Mopane discovery, NAMCOR, Namibia, Nicolas Terraz, offshore exploration, PEL104, Petrobras, TotalEnergies, TotalEnergies Becomes Operator of PEL104 Exploration License in Lüderitz Basin, TotalEnergies Expands Offshore Namibia Portfolio with Operated Stake in PEL104, upstream energy, Venus discovery
(IN BRIEF) LG Energy Solution, Stellantis, and NextStar Energy confirmed a major ownership restructuring in which LG Energy Solution will acquire Stellantis’ 49 per cent stake in NextStar Energy, becoming the facility’s sole owner in a mutually agreed strategic move … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Investment, Management, Netherlands, News, Transportation & Logistics
Tagged $5 billion CAD investment, advanced manufacturing, Antonio Filosa, battery manufacturing, Canada EV industry, carbon neutrality 2050, clean energy, Danies Lee, David Kim, electric vehicles, Energy Storage Systems ESS, joint venture, LG Energy Solution, LG Energy Solution Arizona, LG Energy Solution Becomes Sole Owner of NextStar Energy as Stellantis Exits Joint Venture Stake, LG Energy Solution Consolidates Leadership of NextStar Energy to Accelerate Canada’s Battery Manufacturing Future, LG Energy Solution Michigan Holland, LG Energy Solution Michigan Lansing, LG Energy Solution Strengthens North American Battery Strategy with Full Ownership of NextStar Energy in Windsor, lithium-ion batteries, NextStar Energy, NextStar Energy Enters New Phase of Growth as LG Energy Solution Assumes Full Ownership and Expands Market Focus, North American battery supply chain, Stellantis, Windsor Ontario
(IN BRIEF) Henkel has entered into a strategic joint venture with UK-based façade and high-performance building products manufacturer Wetherby Laroc, becoming its majority shareholder to drive growth in the European façade solutions market. The partnership brings together Wetherby Laroc’s strong … Read the full press release
Posted in Business, Construction, Environment, Financial, Germany, Government, Industrial, Investment, Management, Technology, United Kingdom
Tagged adhesives and coatings, Alex Chalmers, energy efficient buildings, European façade market, facade systems, Henkel, Henkel Adhesive Technologies, Henkel and Wetherby Laroc Create Joint Venture to Drive Innovation and Expansion in Sustainable Building Solutions, high-performance building products, INNOVATION, joint venture, North Yorkshire, Piotr Ciborowski, renovation, sustainable construction, UK construction market, Wetherby Laroc
(IN BRIEF) Rheinmetall and MBDA Germany intend to establish a joint venture in early 2026 to develop and supply naval laser weapon systems. Building on a successful collaboration that has already delivered and tested a laser demonstrator at sea, the … Read the full press release
Posted in Business, Defence, Finland, Germany, Government, Industrial, News, Security & Safety, Technology
Tagged Bundeswehr, defence industry cooperation, directed energy weapons, drone defence, German Navy, joint venture, laser defence systems, MBDA Germany, military technology Germany, naval laser weapons, Rheinmetall, Rheinmetall and MBDA Advance Naval Laser Capabilities with Planned Joint Venture, Roman Köhne, Thomas Gottschild, WTD 91 Meppen
(IN BRIEF) Saint-Gobain has completed the formation of a joint venture with a subsidiary of Indocement Tunggal Prakarsa to acquire Indocement’s mortars business in Indonesia. The new JV, 60% owned by Saint-Gobain, brings together the Tiga Roda mortars brand and … Read the full press release
Posted in Business, Construction, France, Industrial, Investment, Management, News
Tagged building materials, cement additives, Cipta Mortar Utama, CMU, Construction Chemicals, FOSROC, GCP, Heidelberg Materials, high-growth markets, Indocement Tunggal Prakarsa, Indonesia mortars market, joint venture, Lead and Grow strategy, Saint-Gobain, Saint-Gobain Expands Mortars Platform in Indonesia with Indocement Partnership, Southeast Asia expansion, Tiga Roda, white skim coat
(IN BRIEF) Equinor and Shell have combined their UK offshore oil and gas activities to create Adura, a jointly owned company that is now the largest independent producer in the UK North Sea. Led by CEO Neil McCulloch, Adura inherits … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Investment, Management, Norway, United Kingdom
Tagged Aberdeen headquarters, Adura, Buzzard, Clair, Efficient Operator for the Future of the UK North Sea, energy sector, Equinor, Equinor and Shell Create Adura to Build a Scaled, Gannet, independent producer, Jackdaw, joint venture, Mariner, Neil McCulloch, Nelson, offshore oil and gas, offshore operations, Penguins, Philippe Mathieu, Pierce, portfolio integration, production forecast 2026, Rich Howe, Rosebank, Schiehallion, Shearwater, Shell, UK energy supply, UK North Sea, Victory, Wood Mackenzie forecast
(IN BRIEF) RWE and Apollo Global Management have finalized their joint venture agreement involving RWE’s 25.1% stake in Amprion, one of Germany’s major electricity transmission system operators. Apollo has invested €3.2 billion for an equity position in the JV, with … Read the full press release
Posted in Energy, Gas & Oil, Environment, Germany, Industrial, Infrastructure & Utilities, Investment, News
Tagged 25.1 percent stake, 29 million customers, Amprion, Apollo Global Management, energy transition financing, German electricity grid expansion, joint venture, long-term infrastructure funding, regulatory approval complete, RWE, seven federal states, transmission system operator, €3.2 billion investment, €3.2B partnership strengthens long-term financing for Amprion’s electricity transmission growth
(IN BRIEF) Kering and L’Oréal have entered into a €4 billion strategic alliance that will reshape the luxury beauty and wellness sectors. The agreement includes L’Oréal’s acquisition of the House of Creed, long-term exclusive beauty and fragrance licenses for Gucci, … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, France, Investment, Management, News
Tagged acquisition, Balenciaga, Bottega Veneta, cosmetics, Creed, fragrance, Global Expansion, Gucci, haute parfumerie, INNOVATION, joint venture, Kering, Kering and L’Oréal Forge €4 Billion Strategic Alliance to Shape the Future of Luxury Beauty and Wellness, Kering and L’Oréal Sign €4 Billion Deal to Expand Global Leadership in Luxury Beauty and Wellness, Kering Beauté, longevity, Luca de Meo, luxury beauty, L’Oréal, L’Oréal Luxe, Nicolas Hieronimus, premium brands, strategic partnership, sustainability, wellness, Yves Saint Laurent Beauté
(IN BRIEF) METLEN and Karatzis Group have announced a strategic joint venture to develop a large-scale Battery Energy Storage System (BESS) in Thessaly, Greece, with a capacity of 330 MW / 790 MWh. The €170 million project, scheduled for completion … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Financial, Greece, Industrial, Investment, Metals and Minerals, News, Technology, United Kingdom
Tagged 330 MW, 790 MWh, Athens, Battery Energy Storage System, BESS, clean energy, decarbonization, energy infrastructure, energy resilience, energy storage, European energy market, Greece, green transition, grid stability, joint venture, Karatzis Group, London, M Renewables, Metlen, METLEN and Karatzis Group to Build One of Europe’s Largest Standalone Battery Storage Facilities, METLEN and Karatzis Partner on €170 Million Thessaly Energy Storage Project to Boost Grid Resilience, METLEN Energy Sector, METLEN Expands Energy Storage Portfolio with New Strategic Partnership in Greece, renewable energy, solar energy, sustainability, Thessaly, utility-scale storage, €170 million
(IN BRIEF) Amprion has welcomed a new joint venture between RWE and Apollo Global Management that secures €3.2 billion in equity to finance the company’s ambitious grid expansion. The JV will hold RWE’s 25.1% stake in Amprion, with RWE retaining … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology
Tagged Amprion, Apollo Global Management, electricity infrastructure, energy transition, Germany, Grid Expansion, infrastructure investment, joint venture, M31 Beteiligungsgesellschaft, partnership, renewable energy, RWE, sustainability, transmission grid, €36.4 billion investment
(IN BRIEF) Iberdrola and Echelon Data Centres have entered the largest binding energy‑to‑data‑centre agreement in Europe, forming a joint venture to build and operate hyperscale facilities in Spain. Iberdrola will own 20 percent, providing land with grid connections and round‑the‑clock clean … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Spain, Technology
Tagged 144 MW capacity, 160 000 m², 1 TWh electricity, 2030 operational date., 230 MW grid connection, 24/7 renewable energy, CPD4Green, data‑traffic gateway, David Smith, David Mesonero Molina, Echelon Data Centres, fibre‑optic network, hyperscale data centre, Iberdrola, job creation, joint venture, Madrid Sur, on‑site solar photovoltaic, partnership, renewable tariffs, Spain, Starwood Capital Group, submarine cables, sustainability
(IN BRIEF) Edgewing, a joint venture of BAE Systems, Leonardo and Japan Aircraft Industrial Enhancement Co. Ltd., has been launched to take design authority for the next-generation combat aircraft under the Global Combat Air Programme. With Marco Zoff as CEO, … Read the full press release
Posted in Aviation & Aerospace, Defence, Industrial, Italy, Technology, United Kingdom
Tagged BAE Systems, defence collaboration, design authority, Edgewing, GCAP, GIGO, Global Combat Air Programme, Italy, Japan, Japan Aircraft Industrial Enhancement Co. Ltd., joint venture, Leonardo, Marco Zoff, Masami Oka, next-generation combat aircraft, supply chain resilience, technology transfer, trilateral partnership, UK
(IN BRIEF) Safran Aircraft Engines and HAL have expanded their partnership with a new agreement at the Paris Air Show to produce rotating Inconel components for LEAP engines in India. Building on previous MoUs and contracts, this deal commits HAL … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Environment, Financial, France, Government, Industrial, Investment, Management, Marketing, Media, News, Security & Safety, Technology, Transportation & Logistics
Tagged 'Make in India', aerospace manufacturing, Bengaluru, CFM International, Dominique Dupuy, Dr. D K Sunil, global supply chain, Goa, HAL®, Hindustan Aeronautics Limited, Hyderabad, Inconel parts, joint venture, LEAP engine, M88 engine, MRO facility, Paris Air Show, partnership, Rafale, rotating components, Safran Aircraft Engines, single-aisle aircraft, sustainability
(IN BRIEF) Sika and Sulzer have signed an MoU to establish a joint venture focused on plastics recycling in the construction industry. The venture aims to address the inefficiencies in current recycling methods by combining mechanical and chemical processes to … Read the full press release
Posted in Austria, Business, Chemicals, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Switzerland, Technology
Tagged Austria, chemical recycling, circular economy, construction industry, construction plastics, CO₂ emissions, ESG Standards, Germany, high-quality materials, joint venture, mechanical recycling, partnership, pilot projects, plastics recycling, Sika, Sulzer, sustainability, Switzerland, value chain
(IN BRIEF) bp Trinidad and Tobago (bpTT) has announced the successful delivery of first gas from the Mento development, a 50/50 joint venture with EOG Resources Trinidad Ltd. The development, which features a 12-slot attended facility off the southeast coast … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged BP, BP Trinidad and Tobago, Coconut project, energy production, EOG Resources, first gas, gas development, gas production, joint venture, Mento development, offshore platforms, oil equivalent production, partnership, Repsol, sustainability, TOFCO fabrication, Trinidad, upstream projects
(IN BRIEF) Eni has successfully launched gas production from the Merakes East field in Indonesia’s Kutei basin, marking a significant milestone in the company’s expansion efforts in Southeast Asia. The field will provide up to 100 MMSCFD of gas, contributing … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Italy, Management, News, Technology
Tagged Bontang liquefaction plant, condensate, development, Eni, exploration, gas production, gas supply, Gendalo-Gendang, Indonesia, joint venture, Kutei Basin, LNG, Maha field, Merakes East, natural gas, partnership, PETRONAS, SKK Migas, sustainability, upstream assets
(IN BRIEF) Rheinmetall and ICEYE have signed an MoU to establish Rheinmetall ICEYE Space Solutions, a joint venture focused on satellite production, with an emphasis on SAR (Synthetic Aperture Radar) satellites for military and security purposes. The partnership will begin … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Finland, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged Armin Papperger, Defense, Earth observation, Germany, global defense, ICEYE, joint venture, military technology, Neuss, partnership, Rafal Modrzewski, reconnaissance, Rheinmetall, SAR, satellite imaging., satellite production, space solutions, space technology, Synthetic Aperture Radar, Technology Innovation
(IN BRIEF) EP Power Minerals GmbH (EPPM), part of Energetický a průmyslový holding (EPH), has entered into a 20-year joint venture agreement with Drax Power Limited through its subsidiary Power Minerals Limited (PML). This collaboration will create a new, state-of-the-art … Read the full press release
Posted in Business, Construction, Czech Republic, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged 20-year agreement, carbon emissions reduction, cement production, CO₂ emissions reduction, Drax Power Limited, Drax Power Station, Energetický a průmyslový holding, environmental sustainability, EP Power Minerals GmbH, EPH, EPPM, fly ash, green cement, innovative factory, Jan Špringl, joint venture, legacy coal ash, partership, PML, Power Minerals Limited, Pulverised Fuel Ash (PFA), renewable electricity, SCM, supplementary cementitious material, sustainability, sustainable construction, UK fly ash market
(IN BRIEF) Solease and Eneco have formed a joint venture to exclusively promote Eneco’s new business product, Eneco GroenGebouw™, a full-service concept designed to boost the sustainability of commercial premises. This collaboration will provide property owners with end-to-end services—from energy … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology
Tagged business market, charging stations, commercial premises, decarbonisation, Eneco, Eneco GroenGebouw™, energy contract, energy savings, financing, full-service solution, heat pumps, home batteries, installation, insulation, joint venture, partnership, renewable energy, SME sector, solar panels, Solease, stable energy costs, sustainability, sustainability partnership
(IN BRIEF) SUEZ has partnered with Sonadezi, a state-owned enterprise managing 11 industrial parks in Vietnam, to provide integrated environmental solutions at the largest industrial park in South Vietnam. This joint venture is SUEZ’s first in Vietnam’s industrial park sector … Read the full press release
Posted in Business, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Chau Duc Industrial Park, circular solutions, eco-industrial parks, Francois Fevrier, Ho Chi Minh City, industrial clients, industrial park, integrated environmental solutions, joint venture, partnership, resilient, Sonadezi, South Vietnam, stringent environmental regulations, SUEZ, SUEZ Asia, sustainability, sustainable growth, technological innovation, Vietnam, waste management, wastewater treatment, water management
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