Eni’s CEO looking at possible new investments in Iraq
The Deputy Prime Minister of Iraq, Mr. Thamir A. Al Ghadhban, and the Chief Executive Officer of Eni, Claudio Descalzi met in Baghdad yesterday. Eni’s …
Featured
Claxton expands Norwegian base in response to industry demand
Claxton, a leading supplier of engineering and services for shallow-water, jackup-depth markets in subsea services group Acteon, has opened a new office in …
Interventek launches Revolution PowerPlus safety valve technology
Subsea oil and gas engineering firm, Interventek, will unveil the development of the industry’s first subsea shear-and-seal safety valve powered by an …
TechnipFMC awarded a large contract for ExxonMobil refinery expansion project in the USA
TechnipFMC has been awarded a large (between $500 million and $1 billion) reimbursable contract by ExxonMobil for detailed engineering, procurement, and …
Gazprom looks to attract $14 billion for Russia’s biggest gas processing plant
Gazprom is in discussions with banks as it looks to attract in 2020 project financing of $14 billion for the construction of its Amur gas processing plant, …
Circor announces sale of non-core reliability services business for $85 million
Circor International announced the sale of its Reliability Services business to an affiliate of RelaDyne LLC, a leading provider of lubricants and industrial …
Snam: € 135 million EIB financing signed
Snam has signed a € 135 million financing with the European Investment Bank (EIB) for various projects aimed at replacing and modernizing some pipelines and …
Eni, OMV to pay $5.8 billion for Abu Dhabi Refining stakes
Eni and Austrian oil and gas producer OMV agreed to pay about $5.8 billion for a combined 35 percent stake in the Abu Dhabi state oil company’s refining …
Flowserve announces the appointment of Tauseef Salma as Marketing & Technology Vice President
Flowserve announced that Dr. Tauseef Salma will join Flowserve as Vice President, Marketing & Technology, beginning Monday, February 11. Dr. Salma will …
Wind Point Partners acquires and combines Clock Spring and Neptune Research
Wind Point Partners, a leading Chicago-based private equity firm, announced today it has entered into definitive agreements to simultaneously acquire and merge …