Mergers, Acquisitions, and Partnerships news (page 6)

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  6 July 2026

  bp exits Bay du Nord interest, sells stake to Equinor

  Non-operated stake in offshore Newfoundland project sold as part of portfolio simplification; transaction subject to approvals and accounting impacts to appear in Q2 results.
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  6 July 2026

  Avantium spins out Volta into Carbeau, secures €35.2m

  Spin-out backed by strategic and financial investors to scale an electrochemical CO₂-to-chemicals platform targeting glycolic acid and compostable PLGA.
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  5 July 2026

  Toray develops KSB-200, next‑generation κOR analgesic candidate

  Novel κ-opioid agonist showed oral analgesia in mice with reduced sedation in preclinical tests; company will present data at INRC 2026 and seek early partners.
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  5 July 2026

  MoCI and QatarEnergy to govern hydrocarbon resource allocation and expand Mesaieed medium industries area

  Establish joint governance to evaluate and allocate natural gas, power and related resources to downstream industrial projects and create a medium-industries zone in Mesaieed.
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  3 July 2026

  Petrobras starts operations at Pre‑Salt Technology Center in Itajubá (UNIFEI)

  Semi‑industrial plant reproduces high pressures, temperatures and high CO₂ of pre‑salt; R$300 million R&D investment; HISEP pump final qualification tests planned H2 2026.
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  2 July 2026

  Yara acquires Gulf Coast Ammonia Texas City plant for USD 1.3bn

  Texas City ammonia plant (1.3 mtpa) bought for USD 1.3bn; commissioning underway and ramp to full, stable output targeted by end‑2026; Air Products to supply H2/N2 under long‑term contract.

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  2 July 2026

  XRG gains equity across all Rio Grande LNG trains

  Acquired an additional 7.6% in Trains 4–5, giving equity across all five construction trains; Trains 4–5 add ~12 MTPA and the project targets production in 1H 2027.
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  2 July 2026

  UKAEA and Eni launch RH3OVA to provide fusion fuel-cycle services

  Joint venture delivering consultancy and operational services across the fusion fuel cycle, prioritising tritium production, recovery and reuse.
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  2 July 2026

  Axens acquires Air Liquide's Lurgi Methanol-to-Propylene (MTP) technology

  Adds a methanol-to-jet route to its SAF toolkit, enabling conversion of methanol into olefins that can be processed into sustainable aviation fuel.
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  2 July 2026

  Covestro completes acquisition of former Vencorex HDI-derivative sites in Rayong and Freeport

  Two former Vencorex HDI-derivative sites added to expand regional production and boost supply resilience for coatings and adhesives customers.
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  2 July 2026

  Vopak acquires majority of Green Energy Storage and approves 200 MW/800 MWh Oosterhout battery

  Final investment decision on a 200 MW/800 MWh battery in Oosterhout with around EUR 230m investment; Greenchoice to offtake half under an 8‑year tolling deal; operations targeted H1 2028.
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  2 July 2026

  ttz Bremerhaven mobile green hydrogen station enables rapid hydrogen bus deployment in Lower Saxony

  Mobile refuelling unit supplies six fuel-cell buses with RFNBO-certified green hydrogen, allowing service start in December 2025 while a permanent station is built in 2026.
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  2 July 2026

  AGC Biologics partners with Pyramid Pharma Services to add US drug-product manufacturing

  Adds US sterile fill-finish, device assembly and packaging to create an integrated drug substance–drug product supply for clinical programs.
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  1 July 2026

  Tessenderlo Group agrees $400M minority equity investment in FMC Corporation

  Agreement announced; full details available in linked English and Dutch press releases.
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  1 July 2026

  Motherson and PureCycle produce Class-A bumper with 30% recycled polypropylene

  Class-A automotive bumper prototype uses 30% recycled polypropylene; technical details to be presented at Startup Autobahn Expo; aligns with upcoming EU ELV recycled-content mandates.
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  1 July 2026

  SPIE acquires Swiss life‑sciences engineering firm nimeg ag

  Strengthens Swiss GMP/EPCMV engineering capability to deliver EPC projects as general contractor for pharma, biotech and medical‑device clients; nimeg reported ~€5m revenue in 2025.
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  1 July 2026

  Reju opens U.S. R&D center in Conshohocken

  First North American lab to accelerate polyester chemical recycling and scale next‑generation circular solutions, co‑located with Technip Energy’s research infrastructure.
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  1 July 2026

  BASF and Carlyle complete coatings transaction; BASF retains 40% of Surventis

  €7.7bn enterprise-value deal delivered ~€5.8bn pre-tax cash to the seller; coatings businesses reorganised as Surventis covering automotive OEM, refinish and surface treatment.
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  1 July 2026

  Messer expands Southeast Asia footprint with acquisitions in Singapore and Malaysia

  Completes purchases of WKS Group and Wipco, signs deal for Kobewel; adds filling stations, dissolved acetylene plants, welding distribution, cylinder depots and marine services.
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  1 July 2026

  Eni and Mercuria form equal global energy trading joint venture

  Independent holding with international trading hubs to manage commercialization and trading across oil, biofuels, gas, LNG and related logistics and infrastructure rights.
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  1 July 2026

  OCI recommends NNS EUR 4.10 all-cash offer; court-appointed directors consent to convene EGM for Orascom vote

  Board (excluding Nassef and Nadia Sawiris) backs NNS cash offer and court-appointed directors agree to convene an EGM to approve the Orascom transaction, conditional on NNS declaring and settling the offer.
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  1 July 2026

  Sumitomo Corporation to transfer 70% of S.C. Cement to Sumitomo Osaka Cement

  70% stake in trading and ready‑mix cement unit to be transferred Oct 1, 2026; move pairs manufacturer technology with nationwide distribution and keeps limited financial impact.
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  1 July 2026

  Air Liquide to invest over $170M in Indiana to supply SK hynix U.S. HBM fab

  Two on-site production units will deliver ultra‑pure N2, O2, Ar, H2 and other gases to SK hynix’s first U.S. advanced packaging fab, with commissioning planned end‑2028.
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  30 June 2026

  Ecovyst completes acquisition of Calabrian SO2 and derivatives business

  Adds sulfur dioxide and related derivatives capabilities; broadens end-use exposure into mining, water treatment, food processing and pharmaceuticals; company cites expected margins and synergies.
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  30 June 2026

  Shell to sell Na Kika 50% stake and Coulomb tieback to Talos and Ridgewood for $1.7bn

  50% non-operated Na Kika interest and 100% Coulomb tieback sold for $1.7bn; effective 1 July 2025 and expected to close by end‑2026; buyers assume decommissioning obligations.
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  30 June 2026

  Equinor and Vår Energi complete asset swap in Troll–Gjøa area

  Swap reallocates operatorship and stakes to advance the Peon gas discovery as a Gjøa tie-back, with gas routed via Kårstø; includes a 5% Fram stake and Ringvei Vest positions.
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  30 June 2026

  INEOS Enterprises sells INEOS Calabrian to Ecovyst for $190 million

  Ultra‑pure sulphur dioxide and derivatives unit with plants in Texas and Ontario sold for $190 million; transaction was first announced in May 2026.
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  30 June 2026

  QatarEnergy and ExxonMobil declare commercial discovery for Block 10 (Glaucus & Pegasus)

  Commercial discovery declared for the Glaucus and Pegasus fields in Block 10 offshore Cyprus; parties will advance regulatory approvals and development planning.
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  30 June 2026

  Yara drops LCEC ammonia acquisition and reallocates capital

  Cancels planned LCEC ammonia asset purchase; shifts capital to alternative U.S. ammonia projects and finalizes NEOM renewable ammonia distribution deal with Air Products.
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  30 June 2026

  BASF and Bota launch SkinNexus Collag3n, AI-developed human-identical Collagen III

  A 100% human-identical recombinant Collagen III fragment made by yeast fermentation; discovered with Physical AI, it boosted collagen markers in models and improved sagging and wrinkles in four-week trials.