Siad again 100% into Italian hands
Further to the merger between Praxair and Linde, the thirty-year joint venture between Siad and Praxair has come to an end. Through its holding company Flow …
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Eni and Lukoil sign agreement on exploration licenses offshore Mexico
Eni and Lukoil signed a farm-out agreement for the transfer of participating interests in three exploration licenses in Mexico’s shallow waters. According to …
Sonatrach awards LPG project in Algeria to Maire Tecnimont
The signing ceremony of the contract for the realization of the “LPG Train 4 – ZCINA Hassi Messaoud” project took place yesterday at Sonatrach’s …
Emerson to modernize Sonatrach gas processing plant in Algeria
Emerson, in partnership with Fores Engineering, has signed a $32 million contract with Sonatrach, Algeria’s state energy company, to modernize its gas …
Signing of Duqm refinery project US$4.61 billion multi-sourced project financing
A multi-source project financing was achieved for the Duqm Refinery Project. This is a major milestone for the 230,000 bpd refinery. The Duqm Refinery Project …
Magnatech Group announces new name and becomes a provider of fully integrated welding solutions
Magnatech Group signed an agreement with ITW to take care of the global sales and marketing activities of PWT Italy. As a result, the company can now offer a …
Metso closes its acquisition of India based Rotex Manufacturers and Engineers Pvt. Ltd.
Metso has today successfully completed its acquisition of the valve automation division of India based Rotex Manufacturers and Engineers Private Limited …
McDermott announces plan to divest storage tank business and U.S. pipe fabrication business
McDermott International yesterday announced it has completed a comprehensive strategic review of its portfolio as part of the integration process resulting …
TechnipFMC wins $1bn-plus contract for Egyptian refinery expansion
TechnipFMC has signed a Engineering, Procurement, and Construction (EPC) contract, worth more than $1 billion, by Middle East Oil Refinery (MIDOR) for the …
McDermott to partner with Saipem on Rio Grande LNG bid
McDermott International announced that it plans to partner with the Italian oil and gas industry contractor Saipem S.p.A. to bid for NextDecade’s planned …