Tag Archives: joint venture

Eni and PETRONAS Announce Strategic Joint Venture to Develop Upstream Assets in Malaysia and Indonesia

(IN BRIEF) Eni and PETRONAS have entered into an exclusive Memorandum of Understanding to establish a joint venture holding company focused on selected upstream assets in Malaysia and Indonesia. The partnership aims to drive growth in the region, targeting a … Read the full press release

EDGE Group and Indra Forge Strategic Partnership to Enhance UAE’s Naval Defence

(IN BRIEF) EDGE Group’s Abu Dhabi Ship Building (ADSB) has entered a strategic partnership with Spain’s Indra to enhance the FA-400 offshore patrol vessel with advanced radar, electronic warfare, and counter-UAS technologies. The agreement was signed at NAVDEX 2025 in … Read the full press release

Safran Electronics & Defense and IGG Inaugurate Advanced Defense Facility in Abu Dhabi

(IN BRIEF) Safran Electronics & Defense and International Golden Group have launched their Vision for Optronics & Navigation joint venture in Abu Dhabi, which will focus on R&D and the manufacturing of advanced military technology, particularly optronics and navigation systems. … Read the full press release

AD Ports Group and CMA CGM Group Strengthen Partnership with New Multipurpose Terminal Venture in Pointe Noire

(IN BRIEF) AD Ports Group and CMA CGM Group have signed a shareholders’ agreement to jointly develop, manage, and operate the New East Mole multipurpose terminal at the Port of Pointe Noire in Congo-Brazzaville. AD Ports Group received a 30-year … Read the full press release

CA Personal Finance & Mobility Strengthens Electric Vehicle Leasing in China with Acquisition of 50% Stake in GAC-Sofinco Leasing

(IN BRIEF) CA Personal Finance & Mobility has finalized its acquisition of a 50% stake in GAC Finance Leasing, now rebranded as Guangzhou GAC-Sofinco Finance Leasing. This move strengthens the partnership with GAC Group and enhances their leasing offerings in … Read the full press release

Evonik and Fuhua Launch Joint Venture in China to Produce Specialty Hydrogen Peroxide for Key Industries

(IN BRIEF) Evonik and Fuhua Tongda Chemicals have formed a joint venture in Leshan, China, to produce specialty hydrogen peroxide (H2O2) for industries like solar panels, semiconductors, and food packaging. With Evonik holding a 51% stake, the venture aims to … Read the full press release

Kapsch TrafficCom Joint Venture Secures EUR 83 Million Contract for Automated Traffic Enforcement System Support

(IN BRIEF) Kapsch TrafficCom’s joint venture with Indra and Worldline has been awarded an EUR 83 million contract by Spain’s DGT for support and technical assistance in managing an automated traffic violation processing system in León. The contract, which runs … Read the full press release

Telstra and Accenture Propose Joint Venture to Boost Data and AI Capabilities

(IN BRIEF) Telstra and Accenture have proposed a joint venture to accelerate Telstra’s data and AI initiatives, aiming to enhance network leadership, customer experience, and operational efficiency. The JV will combine resources from both companies to modernize Telstra’s data and … Read the full press release

ArcelorMittal Unveils AM/NS India’s Expansion Plans to Meet India’s Surging Steel Demand

(IN BRIEF) ArcelorMittal recently hosted an investor day at AM/NS India’s flagship steel plant in Hazira, Gujarat, to showcase its significant progress and future growth plans. AM/NS India, a joint venture between ArcelorMittal and Nippon Steel, aims to expand its … Read the full press release

South Korea’s Daesan Complex to Host LG Chem and Enilive’s Innovative Biorefinery

(IN BRIEF) LG Chem and Enilive have moved closer to making a final investment decision on their joint biorefinery project in South Korea by signing a joint venture agreement. The project, planned for LG Chem’s petrochemical complex in Daesan, South … Read the full press release

Green Energy Initiative: Iberdrola and bp pulse’s €1 Billion Plan for High-Speed EV Charging Across Iberia

(IN BRIEF) Iberdrola and bp pulse have officially launched their joint venture, aiming to create an extensive high-speed electric vehicle (EV) charging network in Iberia. The venture plans to invest €1 billion and deploy 5,000 charging points in Spain and … Read the full press release

TotalEnergies Extends Partnership with Oman LNG, Commits to GHG Emission Reduction

(IN BRIEF) TotalEnergies has extended its partnership with Oman LNG, a liquefied natural gas (LNG) joint venture, for ten more years beyond 2024. This extension also covers the adjacent Qalhat LNG project, which has been extended for five years. As … Read the full press release

TotalEnergies-Led Consortium Project Attentive Energy One to Power New York with 1.4 GW of Renewables

(IN BRIEF) TotalEnergies and its partners, Corio Generation and Rise Light & Power, have been awarded a 25-year contract to supply 1.4 GW of renewable electricity in New York State. Their Attentive Energy One project, a joint venture between TotalEnergies … Read the full press release

Stellantis and Galloo Set to Launch Joint Venture for Sustainable Vehicle Recycling

(IN BRIEF) Automaker Stellantis and metals recycler Galloo have signed an MoU to enter exclusive negotiations for a joint venture focused on End-of-Life Vehicle (ELV) recycling. The joint venture will collaborate with selected Authorized Treatment Facilities to collect ELVs, recover … Read the full press release

Joint Venture von ENGIE und EDP Renewables investiert 2,5 Milliarden Euro in französisches Offshore-Windprojekt

(IN KÜRZE) Ocean Winds, ein Joint Venture zwischen ENGIE und EDP Renewables, hat eine Investition von 2,5 Milliarden Euro in das Offshore-Windprojekt Îles d’Yeu und Noirmoutier vor der Küste Frankreichs angekündigt. Mit einer Leistung von rund 500 MW wird der … Read the full press release

ENGIE and EDP Renewables joint venture invests €2.5bn in French offshore wind project

(IN BRIEF) Ocean Winds, a joint venture between ENGIE and EDP Renewables, has announced a €2.5 billion investment in the Îles d’Yeu and Noirmoutier offshore wind project off the coast of France. With a capacity of around 500 MW, the … Read the full press release

El BEI concede un préstamo verde de 55 millones de euros para el parque eólico Buniel de 100 MW de Iberdrola en España

(NOTICIA EN BREVE) El Banco Europeo de Inversiones (BEI) ha concedido un préstamo verde de 55 millones de euros a una joint venture entre Iberdrola y Caja Rural de Soria para construir el parque eólico Buniel en Burgos, España. El … Read the full press release

EIB Provides €55m Green Loan for Iberdrola’s 100 MW Buniel Wind Farm in Spain

(IN BRIEF) The European Investment Bank (EIB) has granted a €55 million green loan to a joint venture between Iberdrola and Caja Rural de Soria to build the Buniel wind farm in Burgos, Spain. The wind farm will have an … Read the full press release

Symrise and Sunner to Collaborate on Sustainable Egg Protein for Pet Food Market

(IN BRIEF) Symrise, a global supplier of fragrances, flavors, and nutrition, has entered a joint venture with Sunner, a leading integrated poultry processor in China, to supply the China pet food market with sustainable and high-quality egg solutions. The joint … Read the full press release

BP acquires 55% stake in Deep Wind Offshore’s offshore wind portfolio in South Korea

(IN BRIEF) BP has formed a joint venture with Deep Wind Offshore to develop offshore wind opportunities in South Korea. As part of the agreement, BP has acquired a 55% stake in Deep Wind Offshore’s early-stage offshore wind portfolio, which … Read the full press release