Weir Valves & Controls USA renews quality and environmental certificates
Weir Valves & Controls USA Inc. announced the renewal of their ISO 9001 Certificate to the 2015 Standard. The Quality Policy Manual and all related …
Business & Management
The Carlyle Group acquires EnerMech
EnerMech Group Ltd has been acquired from Lime Rock Partners by global alternative asset manager The Carlyle Group for an undisclosed sum. The transaction is …
Asahi/America buys pipe, valve maker Performance Plastics
Thermoplastic valve and pipe manufacturer Asahi/America, Inc. has acquired Performance Plastics Inc., to expand fabrication capabilities and capacity along …
Union Tech and Pioneer Industrial announces Valve Distribution Agreement
Union Tech and Pioneer Industrial have formed an agreement for the distribution of Union Tech’s severe-service metal-seated ball valves (MSBV) and …
Eni, BP and NOC sign deal to resume Libyan exploration
National Oil Corporation (NOC) Chairman, Mustafa Sanalla, BP Group Chief Executive, Bob Dudley, and Eni CEO, Claudio Descalzi, signed a Letter of Intent (LOI) …
Aurelius acquires VAG, leading manufacturer of water and waste water valves
Aurelius Equity Opportunities SE & Co. KG will acquire VAG, the Mannheim-based manufacturer of water and waste water valves from U.S.-based Rexnord. With …
Baker Hughes acquires 5 pct of ADNOC Drilling for $550 million
Baker Hughes, the world’s second-largest oil services company, will take a 5 percent stake in Abu Dhabi National Oil Company’s (ADNOC) drilling unit for …
Chart targets Italy, India and European markets
Chart Industries, Inc. is aiming to expand its cryogenic business to Italy, India and the Middle East after its acquisition of VRV s.p.a. As part of a …
Gazprom and OMV sign Basic Agreement on Asset Sale
Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, yesterday signed in St. Petersburg a …
Italy’s first LNG production facility opens
DH Industries BV, the Netherlands-based cryogenic solutions provider, has opened the first LNG production facility in Italy with Stirling technology. The …