Festo acquired Seitz production division
By taking over the Swiss company Seitz product division, Festo is entering the worldwide marketing of solenoid valves with ex-protection for the highest safety …
Ivano Pullano Venturini
New general-purpose valve technology by Kongsberg
Kongsberg MPV has released a new technology for general purpose valves, called Full Flow Maintenance, that allows to operate on, inspect and substitute the …
Lukoil drilled a third well at Filanovsky field
LUKOIL has successfully completed drilling of the third well at offshore Vladimir Filanovsky field in the Caspian Sea, according to a press release from the …
Technip/FMC merger approved by EU antitrust board
FMC Technologies and Technip have announced that the companies have received a clearance decision from the European Commission about their merger, according to …
Eni, GE partnering together in green energy
Eni has signed an agreement with General Electric to develop renewable energy projects and hybrid solutions with a focus on energy efficiency, the company …
Coca Cola Partners overhauls its water management systems
As part of a €2.6 million investment, Coca-Cola European Partners will be replacing and upgrading a water treatment plant at its manufacturing site in East …
Permian Basin is much larger than we thought
Last week the U.S. Geological Survey (USGS) announced the largest estimate of continuous oil that it has ever assessed, and the region is the Permian basin in …
Evonik will expand Darmstadt production plant
Evonik Resource Efficiency will invest in a capacity expansion of its Performance Foams business at its production site in Darmstadt, Germany. The investment …
Wood Group got a $40mln order from ExxonMobil Chemical
Wood Group has been awarded a $40 million contract by ExxonMobil Chemical to provide main automation contractor services, including detailed design and site …
GE Oil&Gas and Baker Hughes merged together
GE Oil&Gas division is merging with Baker Hughes Inc. on the low momentum for oil prices. The new company will be one of the largest players in its field, …