Union Tech and Pioneer Industrial announces Valve Distribution Agreement
Union Tech and Pioneer Industrial have formed an agreement for the distribution of Union Tech’s severe-service metal-seated ball valves (MSBV) and …
Updates
Eni, BP and NOC sign deal to resume Libyan exploration
National Oil Corporation (NOC) Chairman, Mustafa Sanalla, BP Group Chief Executive, Bob Dudley, and Eni CEO, Claudio Descalzi, signed a Letter of Intent (LOI) …
Aurelius acquires VAG, leading manufacturer of water and waste water valves
Aurelius Equity Opportunities SE & Co. KG will acquire VAG, the Mannheim-based manufacturer of water and waste water valves from U.S.-based Rexnord. With …
Wood won a multi-million contract in Oman
Wood has secured a new multimillion dollar contract with Duqm Refinery and Petrochemicals Industries to provide two Terrace Wall™ double-fired delayed coker …
Baker Hughes acquires 5 pct of ADNOC Drilling for $550 million
Baker Hughes, the world’s second-largest oil services company, will take a 5 percent stake in Abu Dhabi National Oil Company’s (ADNOC) drilling unit for …
Chart targets Italy, India and European markets
Chart Industries, Inc. is aiming to expand its cryogenic business to Italy, India and the Middle East after its acquisition of VRV s.p.a. As part of a …
Gazprom and OMV sign Basic Agreement on Asset Sale
Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, yesterday signed in St. Petersburg a …
Italy’s first LNG production facility opens
DH Industries BV, the Netherlands-based cryogenic solutions provider, has opened the first LNG production facility in Italy with Stirling technology. The …
Multiphase oil and gas expert joins TÜV SÜD NEL
Leading multiphase expert, Anna Pieper is joining TUV SUD NEL in September to strengthen the delivery of the lab’s multiphase research, testing and …
Petrofac won a maintenance contract extension from Chevron
Petrofac has declared that it secured a 12-month engineering services contract extension from Chevron. The agreement, which has been held by Petrofac since …