Orano acquires KSE and strengthens its position in industrial maintenance
Orano announces the acquisition of the company KSB Service Energie (KSE) and of its subsidiaries KSB Service Cotumer (KSC) and the Société de Travaux et …
M&A
Vexve Armatury Group has acquired ZMK Technologies
Vexve Armatury Group has acquired 95.5% of the shares of ZMK Technologies from Advanced Holdings, a Singaporean listed company focusing on engineering services …
OMB Valves completes purchase of BEL Valves Milan
OMB Valves SpA, Italy has confirmed completion of the acquisition of BEL Valves S.r.l., the Milan, Italy operation of UK based BEL Valves Limited. The company, …
Aramco completes its acquisition of a 70% stake in Sabic from the Public Investment Fund
Aramco yesterday announced the successful completion of its share acquisition of a 70% stake in Saudi Basic Industries Corporation (Sabic) from the Public …
EnginSoft USA and MotionPort announce merger
EnginSoft USA and MotionPort, both leading providers of Computer Aided Engineering solutions, today announce the merger of the two companies, creating a …
GIP and Brookfield close in on $15bn Abu Dhabi gas pipeline deal
Abu Dhabi’s state-owned energy producer is close to selling a multibillion-dollar stake in its natural gas pipelines to an investor group backed by Global …
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 …
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 …