(IN BRIEF) Equinor has completed the sale of its 40% operated interest in Brazil’s Peregrino oil field to PRIO for a total of USD 2.33 billion, receiving USD 1.55 billion at closing. The transaction transfers full operatorship of the field … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Investment, Management, Norway
Tagged Bacalhau, Brazil, Campos basin, divestment, energy transition, Equinor, Equinor Completes Sale of 40% Operated Interest in Brazil’s Peregrino Field to PRIO, international operations, investment, offshore production, oil and gas, Peregrino field, Petrobras, Philippe Mathieu, portfolio optimization, PRIO, PRIO Assumes Full Control of Peregrino Field as Equinor Concludes Sale of 40% Operated Interest, Raia gas project, Rio de Janeiro, Roncador, Stavanger, Veronica Coelho
(IN BRIEF) TotalEnergies has agreed to sell its sustainability-focused subsidiary GreenFlex to the French consulting and engineering group Oteis, aligning with its strategy to concentrate on energy production and supply. Oteis, which employs over 800 people and operates across 30 … Read the full press release
Posted in Business, Energy, Gas & Oil, France, Industrial, Investment
Tagged business divestment, CEEs, Certificats d’Économies d’Énergie, competition authorities, corporate strategy, decarbonization, energy efficiency, energy transition, engineering group, environmental consultancy, European markets, France, GreenFlex, GreenFlex joins Oteis as TotalEnergies refines its strategy toward energy production and supply, low carbon solutions, Oteis, portfolio optimization, renewable energy, Strategic Acquisition, sustainability consulting, sustainable development, TotalEnergies, TotalEnergies to sell sustainability affiliate GreenFlex to French engineering group Oteis as part of strategic portfolio refocus
(IN BRIEF) Crédit Agricole CIB and Quandela have revealed the results of their collaboration on developing a hybrid classical-quantum algorithm that improves credit default risk prediction models. Validated for the first time using photonic quantum processors, the solution demonstrates enhanced … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, France, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged AI, Crédit Agricole CIB, Crédit Agricole CIB and Quandela Achieve Quantum Breakthrough in Credit Risk Prediction, Crédit Agricole CIB Partners with Quandela to Improve Credit Default Prediction Using Quantum Computing, credit default risk prediction, digital transformation, financial risk modeling, fintech, high-performance computing, hybrid classical-quantum algorithm, INNOVATION, Niccolo Somaschi, photonic quantum processor, Pierre Dulon, portfolio optimization, predictive analytics, Quandela, quantum computing, quantum finance, Quantum Innovation Strengthens Financial Risk Modeling in Crédit Agricole CIB–Quandela Collaboration, quantum-classical systems, risk management
(IN BRIEF) Henkel has completed the sale of its Retailer Brands business in North America to First Quality Enterprises, marking the final step in its portfolio optimization strategy. The business, which includes products in the detergents, fabric finishers, and dishwash … Read the full press release
Posted in Business, Chemicals, Germany, Investment, Retail
Tagged acquisition, all®, Carsten Knobel, Consumer Brands, detergents, Dial®, dishwash categories, divestment, fabric finishers, First Quality Enterprises, got2b®, Henkel, laundry and home care market, North America, portfolio optimization, regulatory approvals, Retailer Brands business, Schwarzkopf®, Snuggle®, Strategic fit, Wolfgang König
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