Kent Completes Acquisition of SNC-Lavalin Oil & Gas Division, Gaining Strong Foothold in the Energy Transition Space.
Kent (or the “Company”), a leading international integrated energy services partner formerly known as Kentech, provides the following updates: Kent completes an acquisition of the majority of SNC-Lavalin’s oil and gas division, gaining a strong foothold in the energy transition space. Kent aims to expand the energy transition mix within the overall business alongside its […]
Wellesley Petroleum AS Announces NCS Development Asset Swap with Equinor Energy AS
Wellesley Petroleum AS (“Wellesley”) and Equinor Energy AS (“Equinor”) have signed a Sale and Purchase Agreement covering several development assets on the Norwegian Continental Shelf. The transaction is as follows: The transactions are subject to the normal authority approvals. Chris Elliott, CEO of Wellesley commented: “This transaction provides Wellesley with a balanced non-operated oil and […]
Authentix® Completes Acquisition of Strategic IP Information Pte Ltd (SIPI) Expanding its Growth in Digital Brand Protection
ADDISON, Texas, July 13, 2021— Authentix, the authority in authentication and information services, announced that it has acquired Asia’s leading online brand and content rights protection provider, Strategic IP Information Pte Ltd (SIPI). For over ten years, SIPI has offered state-of-the-art services for brands to track unauthorized channels for counterfeit products and manufacturers through its […]
Galileo’s Equipment Helps Speed Up Deployment Of CNG Stations In Egypt
As the winner of an international tender, Galileo Technologies will supply Egypt with 500 CNG dispensers and 200 Microbox Core™ MX200 compressor packages. These will equip the service stations of NGVC and GASTEC, two partially state-owned NGV companies. The Ministry of Oil and Mineral Resources of Egypt seeks to make the country independent of liquid […]
Severn and ValvTechnologies Form Strategic Partnership To Create New Global Force In The Severe-Service Valve Market.
United Kingdom, 23rd June 2021: Severn Glocon and ValvTechnologies have reached a partnership agreement that will see collaboration between two of the world’s leading engineering and manufacturing companies specializing in innovative, high-end, severe-service valves. Subject to regulatory approval in the U.S., the partnership will combine the brands’ distinctive and complementary capabilities to extend the global reach, […]
Industry ‘first’ as on-the-rig simulator used for P&A campaign
Well Expertise has hailed an industry “first”, using an on-the-rig training simulator for a plug and abandonment (P&A) campaign. The firm is the well management company for operator DNO at the Oselvar field. Well Expertise said this is the first time a simulator has been used in-situ for P&A specific training ahead of an operation […]
Investec has provided one of Europe’s first ESG-linked NAV facilities, to support Bluewater Fund I as it builds additional portfolio value.
The Deal Bluewater Fund I has a pipeline of attractive and value accretive bolt on opportunities, which will maximise returns for the fund. This facility provides an effective source of committed capital to allow Bluewater to move quickly and take advantage of accretive opportunities. The facility was implemented within a framework that easily allows additional capital to […]
Global Energy Storage Launches Today
Global Energy Storage (GES) has launched today, with intention to invest $250m with backing from Bluewater, the private equity firm specialising in the energy transition. GES has been set up by the management team from Global Petro Storage (GPS), the leading independent hydrocarbon storage and logistics company. The team will build on the successful model they […]
Bluewater Private Equity Successfully Exits px Group
Private equity company Bluewater announces it has sold px Group (px), having transformed the business during its five years of ownership to a market leader operating energy and energy transition assets throughout the UK. Bluewater has overseen 27% average annual growth, a near trebling of turnover, highly cash generative operations, and a seven-fold increase in […]
Authentix, Inc. Finalizes License Agreement to Implement Major Track and Trace System in Pakistan
Addison, Texas & Gauteng, South Africa & Islamabad, Pakistan—March 10, 2021—The Consortium of Authentix, Inc., MITAS Corporation and AJCL Private Limited is pleased to announce it has finalized a license agreement with Federal Board of Revenue of Pakistan to implement a track and trace system for tobacco, cement, sugar and fertilizer. The license agreement covers […]
3t Energy Group to make Transformational Acquisition with the Purchase of Petrofac’s UK in-person Training Business
Today, 3t Energy Group can announce that it has exchanged contracts with Petrofac on a major transformational acquisition for the purchase of its UK training centres. The purchase includes Petrofac’s Survival and Marine, Health and Safety, Fire, and Major Emergency Management capability and facilities in Scotland. The value of the acquisition is undisclosed. The purchase […]
Kentech strengthens position as top-tier global energy services firm through a major acquisition from SNC-Lavalin
Kentech strengthens position as top-tier global energy services firm through a major acquisition from SNC-Lavalin Dubai, UAE; 9 February 2021: Kentech Corporate Holdings Limited (“Kentech Group” or “Kentech) has entered into a definitive agreement to acquire the oil and gas business of Toronto-listed SNC-Lavalin Group Inc. (TSX: SNC) (“SNC”). Completion is anticipated in the first half […]