EDGE unveiled 11 new cutting-edge unmanned and autonomous solutions with enhanced capabilities for application across air, land, and maritime domains on the opening day of the International Defence Exhibition and Conference (IDEX 2023), reinforcing its position as one of the world’s leading defence groups,...
Cool Company Ltd. has entered into a agreement to sell the Golar Seal (IMO: 9624914) (the “Vessel”) for $184.3 million. The transaction is expected to close on redelivery of the Vessel from its current charter in late March, meaning the buyer shall assume all costs...
Kalmar, part of Cargotec, has signed a large order to supply PSA Italy with a total of eight Kalmar Eco reachstackers for deployment at their Genova Pra’ and SECH container terminals. The order was booked in Cargotec's Q1 2023 order intake and the machines are...
The Telford Offshore group announced today that it has been acquired by entities affiliated with Merced Capital. The acquisition represents the completion of the previously announced competitive sales process (the “Sales Process”). Telford Offshore is now wholly owned by Merced Capital. As part of the transaction,...
KBR (NYSE: KBR) announced today that it has launched Sustainable Aviation Fuel (SAF) technology in alliance with Swedish Biofuels AB, a technology developer and pioneer in cutting-edge research on biofuels. The alliance extends KBR's decarbonization and energy transition portfolio into the aviation sector with a differentiated...
Brent Crude stood at $83.86/bl, OPEC basket price at US$81.73/bl. The U.S. Department of Energy (DOE)announced $50 million in funding to support clean energy technology deployment on Tribal lands. This significant investment will strengthen Tribal energy sovereignty by bolstering ongoing efforts to lower energy costs, increase...
Horisont Energi (EURONEXT: HRGI), a Norwegian clean energy company, and Neptune Energy, an independent global E&P company, have today signed a Memorandum of Understanding (MoU) with the international energy major E.ON with the aim to develop a European CCS value chain. Through this MoU Horisont Energi...
PARIS--(BUSINESS WIRE)--Technip Energies (PARIS: TE) has been awarded a Front-End Engineering and Design (FEED) contract by Arcadia eFuels for the world’s first commercial eFuels facility for sustainable aviation fuels production in Vordingborg, Denmar...
Robert Duncan appointed CEO to lead next chapter of growth DUBAI, United Arab Emirates--(BUSINESS WIRE)--The Telford Offshore group (“Telford Offshore” or “the Company”) announced today that it has been acquired by entities affiliated with Merced Capi...
Li-Bridge, a public-private alliance representing the U.S. battery ecosystem, convened by the U.S. Department of Energy (DOE) and managed by Argonne National Laboratory, released today an action plan to accelerate the creation of a robust domestic manufacturing base and comprehensive supply chain for lithium-based batteries. The...
Customer announcement of successful reversal of system – no water discoloration PACIFIC GROVE, Calif.--(BUSINESS WIRE)--On the evening of February 13th, California American Water activated two new pump stations as part of our efforts to reduce relianc...
NEW YORK--(BUSINESS WIRE)--Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company, today announced that its board of directors has declared a regular quarterly cash distribution of $.375 per unit, payable March 15, 2023, to uni...