Tag: Joint Venture
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Noronex Initiates Drilling Campaign at Etango North Uranium Project in Namibia
Noronex Launches Drilling Campaign at Etango North Noronex, listed on the Australian Securities Exchange as NRX, has moved forward with a contractor-led drilling program at its joint venture Etango North Uranium Project in Namibia. The campaign marks a critical phase in the company’s strategy to unlock exploration potential within the Etango North license area, advancing…
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Gamuda-Samsung JV wins RM2.7b Marinus Link contract in Australia
Big-win for a Malaysia-South Korea JV In a milestone deal, Gamuda Bhd and Samsung C&T Corporation have secured a construction contract valued at about RM2.7 billion for a major infrastructure project in Australia. The 50:50 joint venture will undertake work on the Marinus Link, a proposed submarine electricity interconnector that aims to bolster energy security…
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Gamuda-Samsung JV Wins RM2.7 Billion Australia Contract for Marinus Link
Malaysia-Australia Collaboration Secures Major Australian Contract In a significant move that underscores Southeast Asia’s growing role in global infrastructure, Gamuda Bhd and Samsung C&T Corporation have formed a 50:50 joint venture that has secured a construction contract worth nearly RM2.7 billion in Australia. The deal, announced by Gamuda today, centers on the Marinus Link project…
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Gamuda-Samsung C&T JV Wins RM2.7 Billion Marinus Link Contract in Australia
Overview of the Contract Win Malaysia’s Gamuda Bhd has announced that its 50:50 joint venture with Samsung C&T Corporation has secured a major construction contract in Australia worth close to RM2.7 billion. The award covers critical works for the Marinus Link project, a key energy infrastructure initiative aimed at enhancing electricity transmission between the Australian…
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Singapore Firms Tap China’s Autonomous Vehicle Market
Singaporean Firms Make a Bold Move into China’s Driverless Bus Market Singapore is extending its technology footprint into one of the world’s most dynamic autonomous vehicle (AV) corridors. A home-grown start-up, MooVita, has secured a joint venture with a Chinese partner to bring driverless buses to Guangzhou’s urban streets. This collaboration marks another step in…
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Singapore Firms Invest in China’s Driverless Bus Push via MooVita JV
Singaporean start-up MooVita anchors a new chapter in China’s autonomous vehicle market Singapore is expanding its footprint in the rapidly evolving world of autonomous transport as home-grown start-up MooVita signs a joint venture (JV) to bring driverless buses onto the streets of Guangzhou. The collaboration marks a significant milestone in the broader trend of Singaporean…
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PPL-Led JV Announces Gas Discovery in Sindh’s Sawan Field
Pakistan’s Energy Landscape Brightens with Sawan Discovery Pakistan Petroleum Limited (PPL) and its partners have announced a significant gas discovery in the Sawan Field, located in District Khairpur, Sindh Province. The discovery was made by the Sawan Joint Venture, which includes UEP Beta as operator with a 25% working interest and PPL holding 30%, among…
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PPL-led Joint Venture Announces Gas Discovery in Sindh
Overview of the Sawan Field Discovery Pakistan Petroleum Limited (PPL) has announced a new gas discovery in the Sawan Field, located in the Khairpur District of Sindh Province. The find was made by the Sawan Joint Venture, a consortium that includes UEP Beta as the operator (25% working interest) and PPL (30% working interest), among…
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Mahindra & Mahindra and Manulife Form 50:50 Life Insurance JV in India
Overview of the JV In a significant move for India’s life insurance landscape, Mahindra & Mahindra Ltd. (M&M) announced that its board has approved a joint venture with Canada’s Manulife Financial Corporation to carry on the life insurance business. The venture will be a 50:50 partnership, combining M&M’s broad regional reach and Manulife’s global expertise…
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Mahindra & Mahindra and Manulife Join Forces to Create 50:50 Life Insurance Venture in India
Strategic step into Indian life insurance In a move poised to reshape India’s life insurance landscape, Mahindra & Mahindra Ltd. (M&M) announced that its board has approved a joint venture with Canada’s Manulife Financial Corporation. The 50:50 partnership aims to carry on the life insurance business in India, combining M&M’s deep distribution network with Manulife’s…