Lutz Holding expands into Italy with new Milan branch
German fluid management specialist Lutz Holding GmbH has strengthened its European footprint with the launch of a new Italian subsidiary, Lutz-Jesco Italia …
IVN Editorial Staff
KSB increases its stake in AI-Omatic
Pump and valve manufacturer KSB is consistently advancing its digital strategy. The company is significantly expanding its strategic partnership with ai-omatic …
Saipem awarded two offshore contracts in the Kingdom of Saudi Arabia worth approximately 400 million USD
Saipem has been awarded two offshore contracts in the Kingdom of Saudi Arabia, known as Contract Release Purchase Orders (CRPO), under its existing Long-Term …
Midland Industries Acquires HVAC Components Distributor TSI
Kansas City, MO-based pipe, valve and fittings redistributor and manufacturer Midland Industries ― a portfolio company of Gemspring Capital ― has acquired …
Heisco lands $563mln Kuwait Oil Company contract
Heavy Engineering Industries & Shipbuilding Company (Heisco) has announced that it has secured a key contract worth KD174.2 million ($508 million) from …
Honeywell to Fuel Petrobras’ First, Large-Scale Ethanol-To-Jet Project in Latin America
Honeywell announced on April 14th that Petrobras has selected Honeywell UOP’s Ethanol-to-Jet (ETJ) process technology for project development at its REPLAN …
Baker Hughes Sells Waygate Technologies to Swedish Firm for $1.45B
Baker Hughes has agreed to sell its Waygate Technologies business to Hexagon, a Swedish measurement technologies firm, for approximately $1.45 billion in cash. …
Momentum Group acquires Actuated Solutions Limited – establishes position in the UK
Momentum Group has signed an agreement to acquire 100 percent of the shares in Actuated Solutions Limited (ASL), a well-established specialist in valve …
Oliver Twinsafe Supports Ultra-Deepwater FPSO Development Offshore Brazil
Oliver Twinsafe has secured an order for a 2-piece, 2″ Class 300 RF valve in Alloy 625 for deployment on a series of deepwater Floating Production Storage …
TotalEnergies discovers hydrocarbons in Congo near existing production facilities
TotalEnergies EP Congo (63.5%, operator) announces a hydrocarbon discovery on the Moho license, offshore the Republic of Congo, following the drilling of the …