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News

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ABB won an EICT framework agreement with Aker BP

ABB has been awarded a framework agreement from Aker BP for Electrical, Instrument, Control and Telecommunications (EICT), according to Worldoil.com. The …

Apr, 10 2017 | Contracts & Projects End-User Industries Updates
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Gazprom and Chinese CPECC agreed to build the Amur GPP

Gazprom recently released a statement in which is announced that, following an open competitive procedure, the decision was made to engage China Petroleum …

Apr, 7 2017 | Contracts & Projects End-User Industries Updates
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EGESUR will add up 42MW hydropower to its portfolio in a $100mln investment

Tacna, a Peru-based Company of EGESUR, announced it is in the process of completing site studies in preparation to begin 2017 construction of three new …

Apr, 7 2017 | Contracts & Projects End-User Industries Updates
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Flowserve sold $186mln-worth Gestra AG to Spirax-Sarco

Flowserve Corporation announced it has entered into a conditional sale and purchase agreement to sell its Gestra AG business unit to Spirax-Sarco Engineering …

Apr, 4 2017 | M&A Updates Valve Industry
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News from Rosneft in the Middle East and Southern Russia

Russia’s Rosneft will this week take custody of its first independently sourced cargo of Kurdish crude oil from Turkey’s port of Ceyhan, a key step in its …

Apr, 4 2017 | Contracts & Projects End-User Industries
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Clarke and Curtiss-Wright entered into an exclusive licensing agreement

Clarke Industrial Engineering announced it has entered into a licensing agreement with Curtiss-Wright Corporation, whereby Clarke’s patented and proprietary …

Apr, 3 2017 | Contracts & Projects Valve Industry
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Fluor just completed the largest chemical complex in Western Hemisphere

Fluor announced that it has safely finished the mechanical construction of The Dow Chemical company’s new ethylene production facility in Freeport, Texas, on …

Apr, 3 2017 | Contracts & Projects End-User Industries Updates
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INEOS is expanding in upstream business with a $250mln deal with BP

INEOS announced that it agreed to acquire the Forties Pipeline System with associated pipelines and facilities from BP. The 378 km Forties pipeline system …

Apr, 3 2017 | Contracts & Projects End-User Industries Updates
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Exxon announced an oil discovery offshore Guyana

Exxon Mobil Corporation announced yesterday positive results on the Snoek well offshore Guyana, confirming a new discovery on the Stabroek Block. Drilling …

Mar, 31 2017 | Contracts & Projects
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Italian top court greenlit the TAP pipeline

On Monday, a top Italian court greenlit the strategic pipeline bringing central Asian gas into Europe, rejecting appeals by local authorities in southern Italy …

Mar, 31 2017 | Contracts & Projects End-User Industries Updates
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