Electrical Industry News for February 2025
David joins Neptune from Rothschild & Co where he most recently held the position of Managing Director in the Energy and Power Team with a focus on the oil and gas sector. He has a track record advising Board and Executive Directors on some of the largest and most complex transactions in the sector for over 20 years, having previously been with Dresdner Kleinwort Benson (later Wasserstein) and Bank of America. His international experience includes activity in Europe, Africa, Asia and FSU ac...
Method Inc., a strategic design firm focused on digital experiences, with studios in San Jose, New York City, and London, announced two new executive appointments: Steve Teruggi, as General Manager and Álvaro Márquez, as Chief Creative Officer. Method is the Strategic Design arm of GlobalLogic, a pioneering digital product engineering services company with headquarters in San Jose, California. New revenue opportunities Method provides a range of design services helping clients e...
Neptune Energy Group announced that it has entered into a Sale and Purchase Agreement to acquire 100% of the shares of VNG Norge AS from VNG AG, the German natural gas wholesaler and energy service provider. Acquisition detail VNG Norge portfolio provides a high-quality bolt-on acquisition in one of Neptune’s key jurisdictions The VNG Norge portfolio provides a high-quality bolt-on acquisition in one of Neptune’s key jurisdictions, with a complementary set of assets in s...
GlobalLogic Inc., a pioneer in digital product engineering services, announced that it has appointed services industry veteran, Nitesh Banga, as its chief operating officer. This is a newly created position, intended to provide greater depth and breadth within the leadership management to support the company’s long-term growth and operational excellence objectives. Mr. Banga will report directly to CEO Shashank Samant, while working closely with the company’s other senior pioneers....
Corporate social responsibility (CSR) or corporate giving is one of the important functions of C&S Electric. It has always believed in philanthropic ways of engaging and contributing to the well-being of communities and society to transform the world for the better. Some of the CSR initiatives that took place in C&S Electric. 1) The push for a safer & cleaner environment In between leading busy lives in today’s fast-paced corporate sector and urban living, C&S Elect...
The city of Košice is becoming a center of IT innovations. GlobalLogic Slovakia s.r.o. is launching a unique project to help introduce world-class technologies into everyday life. Machine Intelligence Lab is where science fiction becomes a reality. The lab is a development center where breakthrough medical, media, and business solutions are born and where designers’ creativity and precise thinking meet the long-term experience of the wider expert public. Machine Intelligence Lab...
Luminus Devices, Inc. has released its third proprietary spectral technology, PerfectWhite™, which closely replicates the visual characteristics of halogen lamps (3000K). When compared to halogen, PerfectWhite was preferred by lighting designers in testing at both Light + Building and Lightfair. PerfectWhite PerfectWhite delivers without infra-red, green/yellow tint, and ultraviolet radiation Though the spectrums are a virtual match – Luminus filled the cyan gap – PerfectWh...
Industrial electrical distribution systems typically consist of switchgear lineups to distribute power to various loads. Switchgear lineups are vital to an industrial facility to maintain production, process, and revenue stream. Frequently, existing switchgear lineups at such facilities are deemed to be in good condition but lack many modern-day technologies that could benefit them. Improved Protection for Equipment Instead of replacing the kit to achieve benefits, they can retrofit and...
Neptune Energy Group, is pleased to announce the completion of the acquisition of ENGIE E&P International SA (“EPI”). The transaction sees Neptune become an international independent E&P company across the North Sea, North Africa and South East Asia, producing 154,000 net barrels of oil equivalent per day in 2017. Neptune’s new global platform offers a sustainable asset base throughout the E&P value chain, a good balance of oil and gas and with low operating costs....
Neptune Energy announced the appointment of Pierre Girard to the newly created role of Director of New Energy. Neptune announced in August the formation of a New Energy team to scale partnerships and investments in low-carbon technologies, particularly hydrogen, CCS, and electrification. Prior roles of Pierre Pierre is currently Director of Commercial and Joint Ventures, UK, and previously held the role of Interim Managing Director of Neptune’s UK business. He has more than 30 year...