Circor announces sale of non-core reliability services business for $85 million
Circor International announced the sale of its Reliability Services business to an affiliate of RelaDyne LLC, a leading provider of lubricants and industrial …
M&A
Wind Point Partners acquires and combines Clock Spring and Neptune Research
Wind Point Partners, a leading Chicago-based private equity firm, announced today it has entered into definitive agreements to simultaneously acquire and merge …
Tenaris completes Saudi Steel Pipe stake acquisition
Tenaris, manufacturer of steep pipes, said it closed the acquisition of significant stake in Saudi Steel Pipe Company (SSP) from a private group for 529.8 …
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 …
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 …
The Snam, Enagás, Fluxys consortium completes the acquisition of 66% of the Greek operator DESFA
The consortium consisting of Snam (60%), Enagás (20%) and Fluxys (20%) has yesterday completed the acquisition of a 66% stake in DESFA, the national operator …
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 …
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 …