GE Oil&Gas acquires subsea equipment supplier Advantec
GE Oil&Gas has agreed to acquire Advantec, a company specialized in intervention equipments and services. Advantec will operate under the existing name …
M&A
Mikhail Fridman’s LetterOne buys $1,6 bln assets in North Sea from E.ON
Russian billionaire Mikhail Fridman has agreed to buy E.ON’s oil and gas assets in the Norwegian North Sea for $1.6 billion after his attempt to get a …
NIBCO has acquired Sure Seal product line
NIBCO INC. announced today that it has acquired the assets of the Sure Seal product line from OPW Engineered Systems, Inc. The assets related to OPW’s …
Parker Hannifin acquires President Engineering Group Limited to strengthen its position in LNG market
Parker Hannifin today announced a previously completed transaction to acquire President Engineering Group Limited (PEGL) based in Sheffield, U.K. PEGL …