Pentair announces acquisition of Union Engineering
Pentair plc announced that it has completed the acquisition of Union Engineering A/S, headquartered in Fredericia, Denmark. Union Engineering specializes in …
M&A
South Africa’s Gunric Valves acquired by AVK
AVK Holding Southern Africa confirmed that on the 27th December 2016, it acquired the assets, IP and brand name of Gunric Valves. AVK Holding South Africa will …
The Cavagna Group has purchased the assets of DVR
The Cavagna Group has finalized the acquisition of a business line of LPG valves and regulators by purchasing DVR’s assets, a Turkish privately owned company …
Shell exits third Saudi project after ending Sabic venture
Saudi Basic Industries Corp. agreed to buy out Royal Dutch Shell Plc’s 50 percent stake in a petrochemical joint venture for $820 million, marking the third …
ExxonMobil to acquire companies doubling Permian Basin resource to 6 billion barrels
Exxon Mobil Corporation said it will more than double its Permian Basin resource to 6 billion barrels of oil equivalent through the acquisition of companies …
A giant is born as FMC and Technip combine
Texas and France came together Tuesday as FMC Technologies of Houston and Technip of Paris completed their merger, creating the world’s largest offshore …
The Technip-FMC Technologies merged company will be listed on Euronext and NYSE tomorrow morning
Technip and FMC Technologies announced that TechnipFMC plc (TechnipFMC) secured visa no. 2017-015 from the French stock market regulator for its prospectus …
Forum Energy Technologies acquires Cooper Valves and Innovative Valve Components
Forum Energy Technologies, Inc. announced that it has acquired the assets of Cooper Valves and a 100% ownership interest in Innovate Valve Components. Based in …
Cameron signs two long-term Transocean service agreements
Cameron, a Schlumberger company, announced the signing of two 10-year pressure control equipment management service contracts on behalf of Transocean valued at …
Qatargas and RasGas will merge together
Qatar will merge state-owned liquefied natural gas producers Qatargas and RasGas Co Ltd, the chief executive of Qatar Petroleum (QP) said on Sunday, in the …