Aker Solutions appoints new CEO and launches transformation to merge with Kvaerner
Aker Solutions is launching a series of structural and strategic changes to transform the company and enhance shareholder value by spinning off the wind and …
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KBR awarded contract in China
KBR announced that it has been awarded a catalyst supply contract for a Vinyl Acetate Monomer (VAM) project by Shenghong Refining Petrochemical (Lianyungang) …
McDermott appoints Tareq Kawash senior vice president, Europe, Middle East and Africa
McDermott International announced Tareq Kawash as Senior Vice President for its Europe, Middle East and Africa (EMEA) region effective immediately. Kawash was …
Aramco announces Downstream business reorganization to enhance performance and support
The Saudi Arabian Oil Company yesterday announced the reorganization of its Downstream business to support and enhance integration across the hydrocarbon value …
Sweden’s Alfa Laval agrees to buy Neles in $2 billion deal
Swedish engineering giant Alfa Laval agreed to buy Neles in a deal that values the Finnish valve maker at roughly $2 billion, setting a price that’s high …
Petrofac joint venture secures EPCC contract in Kazakhstan with NCOC
Petrofac’s Engineering & Production Services (EPS) division, in joint venture with Isker, a Kazakhstan company, has secured an Engineering, Procurement, …
SPX Flow has appointed Simon Phillips as head of its commercial business in EMEA region
SPX Flow has appointed Simon Phillips as vice president and head of its commercial business in Europe, the Middle East, and Africa (EMEA). Based in the UK, …
Hundred years of research and innovation
The Latty Group in France celebrates its 100th anniversary this year. Created in 1920, the family business managed by Christian-Xavier Latty, the grandson of …
Neles’ new state-of-the-art valve technology center in China starts operations
Neles’ new valve technology center in Jiaxing, China, has started its operations. The new plant strengthens Neles’ valve and related products production …
Saipem has been selected by Perdaman Industries for a urea plant in Karratha, Australia
Saipem, in a 50% joint venture with Clough, has been selected as the exclusive EPC contractor for the development of Perdaman Industries’ urea plant on the …