Oil and gas news : Chevron and Total have pulled off a major oil discovery in the Ballymore prospect in the US Gulf of Mexico following its drilling. The partners said that the Ballymore well had encountered 205 meters of net oil pay in a high quality Norphlet reservoir, after it was drilled by Pacific […]
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Retail industry news : Floor & Decor, a flooring retailer offering hard-surface flooring and related accessories has opened a new distribution center in Savannah in the US state of Georgia. The new Floor & Decor distribution center is of 1.4 million square foot area, which has been constructed on a 90-acre site in the Morgan […]
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Drinks acquisition news : Keurig Green Mountain, a specialty coffee and coffeemaker company has struck a major deal to acquire US soft drinks company Dr Pepper Snapple Group for $18.7 billion. Keurig Green Mountain acquisition of Dr Pepper Snapple Group The merger deal will create an enlarged beverage company by the name Keurig Dr Pepper […]
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Oil and gas news : Norwegian energy company Statoil and its partners will use the West Hercules drilling rig for Barents Sea exploration following a contract awarded to North Atlantic Norway to use its semi-submersible rig for the drilling of two exploration wells this year. The contract estimated to be $15-20 million for the drilling […]
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Solar industry news : Japanese solar power developer Pacifico Energy has started construction of the 55MW Minami Mega solar project in Japan’s Gifu prefecture in Gujo City. The new Japanese solar power plant will be built on the site of a golf course with operations expected to begin in July 2019, after 17 months of […]
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Fuel supply and logistics provider Mansfield Energy has acquired the oil and lubricants business assets of Hi-Grade for an undisclosed price, to expand its offering and capabilities in the US state of Ohio. Hi-Grade, which was established in 1924, is headquartered in Sidney, Ohio. The company is a provider of commercial fuels, oils and lubricants. […]
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Energy acquisition news : Northstar Offshore Ventures has purchased certain oil and gas assets located in the outer continental shelf of the Gulf of Mexico from PetroQuest Energy. Based in Texas, Northstar Offshore Ventures is a 100% owned subsidiary of Orinoco Natural Resources, a Virginia-based natural resources company. The assets acquired by Northstar Offshore Ventures […]
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Healthcare acquisition news : Venus Concept, Canada-based medical aesthetic company has agreed to acquire NeoGraft, the hair restoration business of Texas-based NeoGraft Solutions for an undisclosed price. NeoGraft offers hair restoration technologies and topical products. The hair restoration company had developed the NeoGraft Automated Follicular Unit Extraction (FUE) and Implantation Hair Transplant System as an […]
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Pharma acquisition news : Seattle Genetics has made a deal of about $614 million to acquire Cascadian Therapeutics, a California-based biotechnology company focused on the development of oncology products, in a move to bolster its portfolio of solid tumor programs. Under the terms of the Seattle Genetics acquisition of Cascadian Therapeutics, the former will pay […]
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Unilever acquisition of Betty Ice : Unilever, a British-Dutch multinational consumer goods firm has clinched a deal to acquire Betty Ice, a Romanian ice cream company for an undisclosed price to bolster its ice cream business. Betty Ice is among the leading ice cream manufacturers in Romania, with a turnover of €30 million. The Romanian […]
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