Euronav set to acquire CMB.TECH

The Saverys family is continuing with the reshaping of Euronav (NYSE:EURN) following the deal that saw 24 of the company’s VLCCs being transferred to John Fredriksen’s Frontline, resolving a long-running merger battle, Euronav, whose controlling shareholder is now the Saverys family controlled CMB NV, on Friday, reached an agreement to acquire CMB’s clean tech division, CMB.TECH NV, for $1.15 billion in cash. The purchase price will be financed from the cash proceeds of the sale of the 24...

https://www.marinelog.com/news/euronav-set-to-acquire-cmb-tech/

Digital Wildcatters pounces on multimedia, highlighting petroleum-tech innovations

Public perception has long held that the petroleum industry is dirty and that society’s dependence on mineral extraction should be minimized in the coming decades. While oil and gas companies aren’t traditionally known for embracing disruptive technologies, that sentiment is quickly changing. In fact, venture capital investment in “clean-tech” and other areas of research has flooded the industry of late and has one multimedia company singing its praises.

Digital Wildcatters aims to build on the...

https://s29755.pcdn.co/news/digital-wildcatters-pounces-on-multimedia-highlighting-petroleum-tech-innovations