After striking a pose on the stage of Hanover Motor Show, Iveco Astra has received a large order in African region to send 131 ventricles to seismic exploration in Algeria. ENAGEO (Entreprise National Geophysique) belong to the Algerian ...
Tags: Iveco, Hanover Motor Show
Amarinth has received an order worth more than €500 000 from Fjords Processing in France to supply eight API 610 OH2 desalting system recycling pumps for the Al Dabb’iya Facilities Development Phase III project in Abu Dhabi. ...
Tags: Amarinth, Fjords Processing, API 610 OH2 recycling pumps
Exxon Mobil Corporation (NYSE:XOM) today said that drilling results from the Liza-2 well, the second exploration well in the Stabroek block offshore Guyana, confirm a world-class discovery with a recoverable resource of between 800 million ...
Tags: drilling results, Liza-2 well, significant oil discovery
Cash flow reflects durability of the integrated portfolio amid continued industry volatility Strong Chemical results highlight sustainable competitive advantages Advancing attractive new investment opportunities across the value ...
Tags: second quarter 2016, results
ExxonMobil to pay $45 per share plus additional cash payment based on Elk-Antelope resource size Boards of directors of both companies unanimously approve terms of agreement Acquisition adds to ExxonMobil resources in successful ...
Tags: ExxonMobil, InterOil, transaction
OTC 2016 (Offshore Technology Conference) will be held in Houston's NRG Park from 2 - 5 May 2016. OTC 2016, organised by the SPE (Society of Petroleum Engineers), is the offshore oil and gas industry's foremost event for the ...
Tags: Footprints
Spun-off from SPX Corporation in September 2015, SPX Flow, Inc. was formed to pursue a more flow-focused strategy and capitalise on the organisation's strengths for the global food and beverage, power and energy and industrial markets. SPX ...
Tags: SPX FLOW, Nuclear Power Industry
California-based frozen foods manufacturer Pegasus Foods has announced plan to expand its Rockwall food production plant in Texas with an investment of $10m. The expansion will include construction of an 80,000ft2 manufacturing ...
Tags: Pegasus Foods, Expansion, Rockwall food, Investment, Texas, Frozen food
The LED industrial lighting market has enjoyed accelerated growth in recent years owing to the rising demand worldwide and government subsidies, says LEDinside, a division of TrendForce. According to LEDinside’s latest report, 2016 ...
The global distributed fiber optic sensor market was valued at $585 million in 2013, and projected to approach $1.5 billion in 2018 with 70% of sales associated with the oil and gas segments. But now a revised market forecast, ...
Tags: fiber optic sensor, Oil Price, smart sensing
George Osborne has delivered his sixth Budget, and the last of the current Parliament. The key points are as follows: Economy The UK grew 2.6% in 2014, faster than any other advanced economy but lower than 3% predicted in December ...
Tags: George Osborne, Sixth Budget
The U.S. Environmental Protection Agency (EPA) is inviting small businesses, governments, and not-for-profit organizations to participate as Small Entity Representatives (SERs) for a Small Business Advocacy Review (SBAR) Panel. The panel is ...
Tags: gas production, Construction
Global steel giant ArcelorMittal has announced that its European unit is providing 310,000 mt of hot rolled coils (HRC) from its production site in Bremen, Germany, more than one third of all the hot rolled coils needed for the Trans ...
Tags: oil, gas industry, Metallurgy
ShawCor Ltd. has completed the acquisition of all of the outstanding shares of Desert NDT LLC , first announced on May 8, 2014, for a total consideration of approximately $260 million, subject to adjustment for changes in working capital. ...
Tags: ShawCor, acquisition, Construction
Swedish high-technology engineering and steelmaking group Sandvik has announced that it has signed a new five-year strategic alliance agreement with the global pipe and tube producer Tenaris on the exclusive joint supply of ...
Tags: Sandvik, Tenaris, Metallurgy, Mineral