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 …
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Low emission valves
Fugitive emissions regulations are becoming increasingly strict, and government agencies are focused on valves. According to the EPA, over 60% of volatile …
Eni and Anadarko close to FID on LNG projects in Mozambique
Italy’s Eni should make a final investment decision on its first offshore deepwater LNG project in Mozambique by the end of this year, Energy Minister …
TurkStream greenlit by Turkish government
Gazprom received through diplomatic channels the first permits for the TurkStream project from the authorities of the Turkish Republic after the decision to …
Emerson will acquire the valve and control business from Pentair
In a statement on Aug. 18, Emerson declared that it will acquire the entire Pentair’s valve and flow control business. The acquisition will support …
Bayer has raised its offer for Monsanto acquisition
Over the past several weeks Bayer has engaged in private talks with Monsanto. Following receipt of additional information Bayer has raised its all-cash offer …
Technip and FMC merged together
Technip and FMC Technologies, Inc. announced that the companies will combine to create a global leader that will drive change by redefining the production and …
Bayer has confirmed its acquisition of Monsanto
In response to further market speculation and stakeholder inquiries, Bayer is publicly disclosing the contents of its private proposal to acquire Monsanto. …
Statoil enters the offshore wind energy market with a €1.2bln-worth collaboration with E.ON
The estimated total investment for the project will be in excess of €1.2bln. The Arkona wind farm will provide renewable energy for up to 400,000 households …
Saipem will install the TAP pipeline
Saipem has been awarded a new contract regarding the offshore section of the Trans Adriatic Pipeline project. The contract has been awarded by Trans Adriatic …