Saras invests in new bunkering terminal ahead of IMO switch
Italian refiner Saras is constructing a ship-refueling terminal at its Sardinia plant and will market a new, cleaner marine fuel ahead of a major regulatory …
Updates
Fluid Sealing Association appoints new president
The Fluid Sealing Association (FSA) announced the appointment of Robert (Rob) S. Coffee as President of the Association. He is currently the Vice President of …
Siad again 100% into Italian hands
Further to the merger between Praxair and Linde, the thirty-year joint venture between Siad and Praxair has come to an end. Through its holding company Flow …
Ashtead signs global master lease agreement with Oceaneering
Ashtead Technology, an independent provider of subsea equipment rental, sales and services to the offshore industry has yesterday announced that it has secured …
Eni and Lukoil sign agreement on exploration licenses offshore Mexico
Eni and Lukoil signed a farm-out agreement for the transfer of participating interests in three exploration licenses in Mexico’s shallow waters. According to …
Sonatrach awards LPG project in Algeria to Maire Tecnimont
The signing ceremony of the contract for the realization of the “LPG Train 4 – ZCINA Hassi Messaoud” project took place yesterday at Sonatrach’s …
Emerson to modernize Sonatrach gas processing plant in Algeria
Emerson, in partnership with Fores Engineering, has signed a $32 million contract with Sonatrach, Algeria’s state energy company, to modernize its gas …
Signing of Duqm refinery project US$4.61 billion multi-sourced project financing
A multi-source project financing was achieved for the Duqm Refinery Project. This is a major milestone for the 230,000 bpd refinery. The Duqm Refinery Project …
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 …