KBR and NIPIneftegas announce new engineering joint venture in Kazakhstan
KBR announced that it has signed a joint venture (JV) agreement with NIPIneftegas to establish a new engineering and support services company, KBR-NIPILLP, in …
M&A
Avenium Engineering acquires S R Engineering
Middlesbrough-based Avenium Engineering has completed the acquisition of one of its counterparts as part of continued plans for growth. S R Engineering, which …
Launch of Celeros Flow Technology radically alters flow technology sector
Celeros Flow Technology has been launched as a standalone company following the divestiture by SPX Flow of its Power & Energy division to an affiliate of …
ADQ acquires ownership of National Petroleum Construction Company
ADQ (formerly Abu Dhabi Developmental Holding Company), one of the region’s largest holding companies, on Wednesdy announced it had assumed full ownership of …
Clarke Valve closes $10 million venture funding
Clarke Valve yesterday completed the sale of $10 million of Series C Preferred Stock to a group of investors led by YBA Kanoo Group. Ali Abdulla Kanoo, …
Klinger acquires Swiss companies Franz Gysi and Gysi Dichtungstechnik
The Klinger Group has purchased the Swiss Aargau-based companies Franz Gysi and Gysi Dichtungstechnik. Effective January 1, 2020, the two companies are now …
Wood closes deal to sell nuclear business
John Wood Group, the global engineering and consulting company, announced that it has closed the sale of its nuclear business to Jacobs for a cash …
Global E&C acquires Magma Products
Global Energy Group’s, Brownfield Engineering, Procurement and Construction (EPC) provider Global E&C has acquired 100% share capital in …
Curtiss-Wright to acquire Dyna-Flo Control Valve Services
Curtiss-Wright Corporation yesterday announced that it has entered into an agreement to acquire the stock of Dyna-Flo Control Valve Services (Dyna-Flo) for …
Indutrade acquires Finnish valve manufacturing company Jouka
Indutrade has on 6 February signed an agreement to acquire all of the shares in Jouka, with annual sales of approximately EUR 6.5 million. The agreement was …