Velan announces the consolidation of its manufacturing operations
Through recent announcements, Velan is taking measures aimed at improving its operational efficiency and optimizing its manufacturing footprint in North …
Business & Management
Eni enters in the UAE Sharjah Emirate signing onshore exploration concessions
His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, the sovereign ruler of the Emirate of Sharjah, and Eni’s Chief Executive Officer, Claudio Descalzi, …
TechnipFMC announces Thierry Pilenko to retire in May 2019
Oil services group TechnipFMC announced that Thierry Pilenko has decided to retire from the TechnipFMC Board of Directors, effective May 1, 2019, after the …
Metso celebrates groundbreaking ceremony for new valve technology center in China
Metso announced on October 26, 2018 its decision to invest in a new greenfield valve technology center in Jiaxing, China. The groundbreaking ceremony for the …
TechnipFMC and MMHE sign a long-term offshore agreement with Saudi Aramco
TechnipFMC, in consortium with MMHE (Malaysia Marine and Heavy Engineering Sdn Bhd), yesterday signed a long-term offshore agreement with Saudi Aramco. This …
Circor International names Chadi Chahine as Chief Financial Officer
Circor International announced the appointment of Chadi Chahine as Senior Vice President and Chief Financial Officer, effective January 2, 2019. He joins …
Eni acquires 70% and operatorship of the Oooguruk oil field in Alaska
Eni enters into agreement to acquire 70% and operatorship of the Oooguruk oil field in Alaska from Caelus Natural Resources Alaska LLC. Eni already owns the …
Rosetti Marino drops plans to acquire Heerema yard
Italy’s Rosetti Marino has decided not to go ahead with its planned acquisition of the Heerema Fabrication Group (HFG) yard in Zwijndrecht, the …
Halliburton president and CEO Jeff Miller appointed as Chairman of the Board
Halliburton today announced its Board of Directors has appointed Jeff Miller, the Company’s president and CEO, as Chairman of the Board, effective Jan. 1, …
Petronas completes 10% acquisition in Oman’s Khazzan field
Malaysia’s state-run oil and gas company Petronas has completed the acquisition of a 10% stake in a gas field in onshore Oman from Oman Oil Co …