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Day: May 24, 2023

Capgemini launches 6G research lab in India

Press contact: Pallavi Pattanaik Tel.: +91 99020 34783 E-mail: pallavi.pattanaik@capgemini.com Capgemini launches 6G research lab in India The lab will leverage next-generation connectivity and advanced AI to explore innovative and energy-efficient use cases and address wireless communication challenges presented by 6G Mumbai, India – May 24, 2023 – Capgemini has announced the launch of a 6G research lab in Gurugram, India. The lab will build advanced test beds and simulators to explore use cases for next generation wireless networks, 6G ideation, and the creation of energy saving solutions. In May 2022, Capgemini announced an innovative joint research project with King’s College London to explore the possibilities opened up by 6G, focusing on developing new architecture frameworks to enable ultra-large coverage, AI native and sustainable...

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TGS and KONGSBERG to Cooperate for Data-Driven Solutions for Offshore Wind Field Development

TGS_Kongsberg09 TGS and Kongsberg CEOsOSLO, Norway (24 May 2023) – TGS and Kongsberg Gruppen (KONGSBERG) have today announced a strategic collaboration to jointly develop integrated data and digital solutions for the offshore wind industry. The aim of the partnership is more efficient use of data and digitalization to drive faster scaling of offshore wind. According to forecasts, the offshore wind installed base worldwide is expected to more than quadruple between 2023 and 2030. To support and enable this growth, TGS and KONGSBERG have signed a Memorandum of Understanding agreeing to collaborate on developing solutions that meet offshore wind client needs and jointly engage leading offshore wind developers.  The offshore wind industry holds potential for exponential growth and is widely viewed as being crucial for increasing the production...

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Pest Control Industry to Worth USD 31.94 Billion by 2027 | Fortune Business Insights™

Key companies covered in pest control industry are Service Master Global Holdings Inc., Bayer AG, Terminix International Company L.P, Anticimex, Rentokil Initial Plc., Ecolab Inc., Truly Nolen, Rollins Inc., Massey Services Inc., Bell Laboratories, and more players profiled Pune, India, May 24, 2023 (GLOBE NEWSWIRE) — The global Pest Control Industry is anticipated to witness substantial growth on account of the increasing rodent population and reach USD 31.94 billion by 2027. The change in climatic conditions and the rapidly growing population of rodents worldwide have increased the demand for these products worldwide. As per a recently published report by Fortune Business Insights titled, “Pest Control Industry Size, Share & Industry and Regional Forecast, 2020 – 2027,” the market value was USD 19.73 billion in 2019...

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Liquid Soap Market Size Worth USD 28.79 Billion by 2027 | Fortune Business Insights™

Companies covered in Liquid Soap Market are The 3M Company (U.S.), Johnson & Johnson Services, Inc. (U.S.), Colgate-Palmolive Co.(U.S.), Reckitt Benckiser Group plc (U.K.), Lion Corporation (Japan), Procter & Gamble Co. (U.S.), Kao Corporation (Japan), Kimberly-Clark Worldwide, Inc. (U.S.), Unilever (U.K.), Henkel AG & Co. KGaA (Germany) and Other vendors. Pune, India, May 24, 2023 (GLOBE NEWSWIRE) — The global liquid soap market size is projected to be worth USD 28.79 billion by the end of 2027 on account of the increasing awareness and serious adoption of health and hygiene protocols. The current pandemic of COVID-19 is also propelling the demand for hygiene maintenance among people. The increasing population and prevalence of infectious diseases have led to a rising need to maintain sanitation both on a personal...

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Ensurge Micropower ASA – Q1 2023

Key highlights Q1 2023 Turn management’s key focus towards accelerating commercialization, predominantly by working more closely with customers, preparing our technology and product offering for mass manufacturing, and planning for production.  Implement a cost reduction program, including staffing cost. As a result, Q1 2023 total operating costs were down 42% year-on-year   A six-month game plan has been established together with key management, and progress is measured against it. Top three priorities in this plan are: 1) Deliver production ready samples to our key customers and ramp production, 2) Reduce cost, including office sub-lease and financial restructuring considerations aimed at reducing monthly cash burn-rate and create a one-off cash consideration the company, and 3) Apply for grants and other government incentives that...

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Heat Transfer Fluids Market to Hit USD 5372.24 Million by 2027 | Exclusive Report by Fortune Business Insights™

Key Companies covered in the heat transfer fluids market are Element Solutions Inc (U.S.), Caldic B.V. (Netherlands), Eastman Chemical Company (U.S.), Schultz Chemicals (Canada), Arkema S.A. (France), Isel (Florida), FRAGOL AG (Germany), Clearco Products Co., Inc. (U.S.), Arteco (Belgium), Eastern Petroleum (North Carolina), Dynalene, Inc. (Pennsylvania), Honeywell International Inc. (U.S.), Exxon Mobil Corporation (U.S.), Chevron Corporation (U.S.), The Dow Chemical Company (U.S.), Huntsman Corporation (U.S.) and more players profiled. Pune, India, May 24, 2023 (GLOBE NEWSWIRE) — The global heat transfer fluids market size is projected to reach USD 5,372.24 million by the end of 2027. The increasing demand for concentrated solar power will aid the growth of the market in the coming years. According to a report published by Fortune...

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BW Offshore: First quarter results 2023

First quarter results 2023 HIGHLIGHTSEBITDA of USD 79.0 million Operating cashflow of USD 128.1 million Equity ratio of 32.4% and USD 521.4 million in available liquidity Dividend of USD 0.063 (NOK 0.68)1 per share for the quarter Barossa FPSO project 67% complete per end of April 2023 Divested BW Opportunity and BW Athena, releasing USD 130 million of liquidity Short-term contract extensions signed for Abo FPSO and Espoir Ivoirien Repurchased USD 14 million of Senior Unsecured Convertible Bonds as per April 2023BW Offshore continued to execute the Barossa FPSO project with overall completion at 67% per end of April, according to plan. Hull blocks have been assembled in the floating dock and preparations for float out are progressing, with major equipment arriving at the topside construction yard. The FPSO project has achieved 14.1...

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BW Energy: FIRST QUARTER 2023 RESULTS  

FIRST QUARTER 2023 RESULTS     HIGHLIGHTS Q1 EBITDA of USD 18.5 million and net loss of USD 5.0 million  Q1 gross production of 665,500 barrels with 485,000 million net to BW Energy  Completed one lifting of 750,000 barrels (net BWE) at a price of USD ~77 per barrel  Maintained strong balance sheet with cash position of USD 166.4 million  USD 100 million accordion committed by three additional banks, bringing the total Dussafu RBL facility up to USD 300 million  First oil from Hibiscus / Ruche development in early April  Agreement to defer takeover of FPSO Polvo following revision to planned first oil from Maromba     EBITDA for the first quarter of 2023 was USD 18.5 million, down from USD 21.7 million in the fourth quarter of 2022, mainly due to lower oil production. One lifting to BW Energy is scheduled in the second...

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Construction contract in Estonia (Hampton by Hilton hotel building in Tallinn)

On 23 May 2023, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and GVP Invest Estonia OÜ entered into a contract for the construction of hotel building located at Jakobsoni 2 / Tartu mnt 49, Tallinn. The contract includes construction of 6-storey hotel building, that will operate as Hampton by Hilton hotel. The contract value is approximately EUR 14.0 million, plus value added tax. The building is scheduled to be completed in December 2024. AS Merko Ehitus Eesti (merko.ee) is Estonian leading construction company, which offers construction services in general construction, civil engineering and residential construction and develops residential real estate. To ensure the best quality and convenience for home buyers, Merko manages all phases of the development: planning, design, construction, sales and service during the warranty...

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BioSenic and Pluristyx sign term sheet for market availability of ALLOB mesenchymal cells

INSIDE INFORMATION Potential license agreement to produce and commercialize original and transformed ALLOB cells BioSenic to potentially receive royalty rates on net sales up to 25% Mont-Saint-Guibert, Belgium, May 24th2023, 7.00am CET – BioSenic (Euronext Brussels and Paris: BIOS), the clinical stage company specializing in serious autoimmune and inflammatory diseases and cell repair, today announces the signing of a term sheet with Pluristyx, a leading provider of gene-edited iPSC and cell therapy solutions, with a view to further negotiate the terms and conditions of a potential license and collaboration agreement. This term sheet will be used as basis for the preparation of a potential wider licensing and collaboration agreement to make BioSenic’s well characterized cells with various original properties available to the market. These...

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