Emerson acquires Advanced Engineering Valves
Emerson today announced it has acquired Advanced Engineering Valves (A.E. Valves), a leading manufacturer of innovative valve technology that helps LNG …
M&A
Lincoln Electric announces acquisition of Inovatech Engineering Corporation
Lincoln Electric Holdings yesterday announced it acquired Inovatech Engineering Corporation and related assets. Inovatech is a privately held Ontario, Canada …
Esso Italiana and Sonatrach complete transaction for Augusta Refinery
Esso Italiana, a subsidiary of ExxonMobil, and Sonatrach Raffineria Italiana S.r.l. said today that they have completed their transaction announced earlier …
Oman combines oil companies to create refining-to-trading giant
The largest Persian Gulf producer that’s not an OPEC member is combining state-run oil investment and refining companies to form a business that spans …
Chart Industries completes the acquisition of VRV
Chart Industries announced that it completed the acquisition of VRV and its subsidiaries. VRV is a diversified multinational corporation with highly automated, …
Versalis Petrochem Mazrui, a joint venture for chemicals in the O&G industry in the Middle East
Versalis, the Eni chemical company, Petrochem (a Mazrui Energy Services Company), a leading manufacturer of drilling fluids, and Mazrui Energy Services (a …
Magnatech Group announces new name and becomes a provider of fully integrated welding solutions
Magnatech Group signed an agreement with ITW to take care of the global sales and marketing activities of PWT Italy. As a result, the company can now offer a …
Metso closes its acquisition of India based Rotex Manufacturers and Engineers Pvt. Ltd.
Metso has today successfully completed its acquisition of the valve automation division of India based Rotex Manufacturers and Engineers Private Limited …
McDermott announces plan to divest storage tank business and U.S. pipe fabrication business
McDermott International yesterday announced it has completed a comprehensive strategic review of its portfolio as part of the integration process resulting …
Shell agrees to sell upstream interests in Denmark to Noreco for $1.9 billion
Royal Dutch Shell plc (Shell), through its affiliate Shell Overseas Holdings Limited, has reached an agreement with publicly listed Norwegian Energy Company …