BG has made an oil discovery in the North Sea, the Norwegian Petroleum Directorate (NPD) said on Thursday. The find was located some 25 km northeast of the Snorre field, said the NPD. It did not give the prospective size of the discovery. The license for the well is shared between operator BG, with a 45% share, BASF unit Wintershall and Petoro, which have 20% respectively, and Premier Oil, which has 15%.
Novo Nordisk announced a global workforce reduction of approximately 9,000 positions to streamline operations and reinvest DKK 8 billion (€1 billion) in growth opportunities for diabetes and obesity treatments.
Merck to acquire the chromatography business of JSR Life Sciences, a leading provider of CDMO services, preclinical and translational clinical research, and bioprocessing solutions.
BASF sells a majority stake in its coatings business to the investor Carlyle.
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