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Shares of Ophir Energy went up by about 35% when the news of Medico Energi’s interest in the company emerged.
The merger would be adding Ophir’s 25,000 barrels of oil per day production capacity to that of Medco’s 85,000 barrels of o
The field is estimated to produce approximately 200,000 barrels of oil on a daily basis.
The production would be facilitated through the largest Floating Production Storage and Offloading built by the company.
Total S.A. (Total), a Fren
The nuclear energy venture is now looking for new partners as new U.S. regulations have forced it to abandon a deal with China.
The U.S. Department of Energy had announced new regulations in October that restricted making nuclear deals with Ch
The funding comes after a year after Hellobike raised USD 350 million from investors including Ant Financial.
China’s third-largest bike-sharing firm Hellobike has reportedly announced to have raised an undisclosed amount in a latest round of fu
The 184 new cannabis varieties would be launched in 2019.
The cannabis products will cover the entire spectrum of high, low and intermediate THC and CBD profiles.
AgraFlora Organics International Inc., a global cannabis company and form
The takeover is expected to fast-track the NEC’s global safety business.
The buyout may attain closure by February 2019.
Japanese multinational giant NEC Corporation has reportedly acquired the largest Danish IT firm, KMD Holding ApS,
Saudi Aramco had inked a memorandum of understanding with Total to assess the feasibility of jointly acquiring a retail service station network in Saudi Arabia.
Saudi Aramco has reportedly established a domestic fuel retail subsidiary as part of i
GMO would be abandoning its cryptocurrency-mining hardware manufacturing operations citing tremendous losses.
However, the firm would be keeping the mining center open after it relocates the unit to an area with more affordable electricity
Campbell Soup may fetch close to US$ 3 billion for its overseas business.
Campbell Soup had earlier declared the plausible divesture of its international portfolio.
The U.S.-based food companies Mondelez International Inc., and Kraft
