Gasum, Stora Enso inaugurate Nymölla biogas plant in Sweden

Gasum, Stora Enso inaugurate Nymölla biogas plant in Sweden

Finnish state-owned gas company Gasum and renewable materials company Stora Enso recently inaugurated the Nymölla biogas plant, built with an investment of SEK 320 million ($38.37 million) in Sweden. The Nymölla biogas plant produces liquefied biogas (LBG) from industrial process water released by Stora Enso’s Nymölla paper mill. Johanna Lamminen – CEO of Gasum said: […]

Oncocyte acquires Chronix Biomedical to enter immune therapy monitoring market

Oncocyte acquires Chronix Biomedical to enter immune therapy monitoring market

Oncocyte Corporation has closed its previously announced acquisition of Chronix Biomedical, a US-based molecular diagnostics company that develops blood tests used in cancer treatment and also organ transplantation. The deal enables Oncocyte to foray into blood-based immune-therapy monitoring. Announced in February 2021, the deal was wrapped up last month. As per the terms of the […]

Certified Laboratories acquires Texas-based testing lab Microconsult

Certified Laboratories acquires Texas-based testing lab Microconsult

Certified Laboratories, a Certified Group company, and a provider of food, supplements, cosmetic, and personal care laboratory, has acquired Microconsult, a Carrollton, Texas-based microbiological, chemical, and nutritional testing lab, as per an announcement made in late April. The financial details of the transaction were not revealed. Through the merger of Certified Laboratories and Microconsult, the […]

Vestigo secures PSC from PETRONAS for South East Collins Cluster

Vestigo secures PSC from PETRONAS for South East Collins Cluster

Malaysian oil and gas company, PETRONAS, has awarded Vestigo Petroleum Sdn. Bhd. the South East Collins Cluster Production Sharing Contract (PSC) aimed at monetizing an array of small, discovered resource opportunities in Malaysian waters. This move aligns with PETRONAS’s strategy to exploit smaller fields which, despite their size, represent valuable assets within the country’s oil […]

WeWork grants franchise rights to Ampa Group for expansion in Israel

WeWork grants franchise rights to Ampa Group for expansion in Israel

WeWork, the American commercial real estate developer known for providing flexible workspace solutions, has announced a strategic move in its international operations by granting exclusive franchise rights to the Israeli real estate firm, Ampa Group. This agreement marks a significant milestone in the relationship between the two companies, which dates back to 2014 when WeWork […]

TechnipFMC bags contract for Petrobras’ Marlim and Voador fields

TechnipFMC bags contract for Petrobras’ Marlim and Voador fields

TechnipFMC has secured a subsea contract from Brazilian petroleum giant Petrobras pertaining to the Marlim and Voador fields, offshore Brazil. The actual value of the contract has not been revealed by TechnipFMC but is indicated to be in the range of $75 million and $250 million. As per the contract, UK-based subsea solutions provider will […]

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