Neway Valve calls off EUR 11.3 million acquisition of Germany’s Econosto
Neway Valve has aborted its planned EUR 11.3 million take-over of Germany’s Econosto International Holding due to changes in market conditions caused by …
Business & Management
SVS to supply subsea valves to renewables sector
Specialist Valve Services (SVS) have been awarded a contract for the supply of subsea grouting valves in the renewables sector. With support from the …
Wood strengthens foothold in Norway’s onshore energy sector
Wood has secured a new $42m contract from international energy company Equinor on behalf of operator Gassco to provide EPCI (engineering, procurement, …
Proserv rolls out two new facilities to boost global service operations
Proserv Controls has formally unveiled two new cutting-edge facilities in Mussafah, Abu Dhabi and Cumbernauld, near Glasgow, Scotland as it seeks to drive …
Sabic and Fujian to build world’s largest ethylene plant
Saudi Basic Industries Corporation (Sabic) and its Chinese state partner, the Fujian Petrochemical Industrial Group, are planning to build the megaproject in …
Petrofac expands support for Ithaca Energy
Petrofac’s Engineering and Production Services (EPS) business announced the award of a multi-million dollar Integrated Services Contract with Ithaca Energy …
Pelican Energy Partners announces agreement to acquire the Surface Pressure Control Flow business unit of Baker Hughes
Pelican Energy Partners announced an agreement to purchase the assets of the Surface Pressure Control Flow (SPC Flow) business unit of the Oilfield Equipment …
Aker Solutions secures maintenance and modifications work for ConocoPhillips in Norway
Aker Solutions has secured a three-year contract extension to an existing framework agreement for work at North Sea fields operated by ConocoPhillips. The …
Phillips 66 awarded a contract to Flowserve partner Charbonneau Industries
Phillips 66 awarded a contract to Charbonneau Industries for additional mainline valves for their C2G Ethane Pipeline System. The system connects the growing …
Neway awarded contract to supply offshore wind project in Northern Europe
Recently, Neway was officially awarded the contract to supply manual & actuated Ball, GGC, and Butterfly valves with stainless steel, duplex, super duplex, …