Day: August 30, 2023

AB Šiaulių Bankas (hereinafter – the Bank) published the unaudited financial statements of the Bank Group for H1 2023 on 31 July 2023.The main change in the statements is related to the recalculation of the windfall profits tax. According to the clarifications received from the State Tax Inspectorate (STI) up to now, the Bank calculated that it would not have to pay the windfall profits tax for the year 2023. Upon receiving new methodological instructions for calculating the windfall profits tax from STI on August 24, 2023, which eliminate and substantially change the previous interpretations of the application of the law provided by this institution, the Bank re-evaluated the amount of the tax obligation for H1 2023, which amounted to EUR 2.2 million. Considering the calculated corporate income tax, the overall negative impact on...

August 30, 2023, Oslo, Norway: PGS together with JV consortium partners TGS and SLB has secured pre-funding to expand MultiClient 3D seismic coverage in the prospective Sarawak Basin offshore Malaysia. The survey will cover approximately 5,300 square kilometers for which the Ramform Sovereign is currently mobilizing with completion of acquisition expected late November. The survey is the third phase of a multi-year contract awarded initially by PETRONAS in August 2020 to acquire and process up to 105,000 square kilometers of MultiClient 3D seismic data over a 5-year period in the Basin. The first phase of the Sarawak program was acquired in 2021 covering 8,400 square kilometers and acquisition of the 6,800 square kilometer second phase has just been completed (August 2023). “Exploration interest in the Sarawak basin is strong and...

OSLO, Norway (30 August 2023) – TGS, the leading global energy data and intelligence provider, and JV consortium partners PGS and SLB announce that pre-funding has been secured to expand the multi-client 3D coverage in the Sarawak Basin, offshore Malaysia. The survey is the third phase of a multi-year contract awarded by PETRONAS in August 2020 to acquire and process up to 105,000 square kilometers of multi-client 3D seismic data over a five-year period in the Sarawak Basin. The first phase of the Sarawak multi-client 3D project encompassed 8,400 square kilometers, succeeded by an additional 6,800 square kilometers during Phase 2. Kristian Johansen, TGS CEO, commented: “Sarawak basins are one of Southeast Asia’s most exciting exploration hotspots, with numerous oil and gas discoveries announced in recent months. TGS is pleased to announce...

August 30, 2023Hamilton, Bermuda The shares in Flex LNG Ltd. (Ticker: FLNG) will be traded ex dividend of USD 0.75 per share for the second quarter of 2023 as of today, August 30, 2023. The dividend will be paid on or about September 5, 2023. Due to the implementation of CSDR in Norway, dividends payable to shares registered with Euronext VPS will be distributed on or about September 8, 2023. About FLEX LNGFlex LNG is a shipping company focused on the growing market for Liquefied Natural Gas (LNG). Our fleet consists of thirteen LNG carriers on the water and all of our vessels are state-of-the-art ships with the latest generation two-stroke propulsion (MEGI and X-DF). These modern ships offer significant improvements in fuel efficiency and thus also carbon footprint compared to the older steam and four-stroke propelled ships. We have built...

Oslo, Norway – 30 August 2023 – IDEX Biometrics has successfully completed the full Mastercard certification and received Conformity Compliance Statement (CCS) for its IDEX Biometrics Payment Card solution1. The complete and certified biometric card solution includes the IDEX biometric sensor, a Linxens EMV2 module including Infineon’s SLC38B secure element, card inlay with antenna, and the IDEX card operating system with payment applets. Biometric payment cards built on the IDEX Biometrics payment card solution will provide seamless payment experiences for consumers around the world. The IDEX Biometrics payment card solution has successfully completed Mastercard’s Compliance Assessment and Security Testing (CAST). This is the final Mastercard certification step and follows the previously announced FTAS certification of the sensor performance....

SB Asset Management, a company established by Šiaulių bankas, has been granted by the Bank of Lithuania a license of a management company acting in accordance with the Law on Collective Investment Undertakings of the Republic of Lithuania. SB Asset Management has been established in preparation for the implementation regarding the merger of Šiaulių bankas and Invalda INVL retail client asset management and life insurance businesses with Šiaulių bankas (see. Notice). It is estimated that after the transaction closing date the SB Asset Management would take over the management business of pension funds and investment funds for its further development. ”This license is an important achievement for implementation  of the transaction with Invalda INVL, allowing the merger to proceed as planned. We believe that the development of savings and...