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Amarinth Secures EUR500,000 Pump Order for Abu Dhabi Project

Oct 13, 2016

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

Exxonmobil Says Second Well Offshore Guyana Confirms Significant Oil Discovery

Sep 28, 2016

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

ExxonMobil Earns $1.7 Billion in Second Quarter of 2016

Sep 28, 2016

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 Acquire InterOil in Transaction Worth More Than $2.5 Billion

Sep 28, 2016

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

SPX FLOW: Chinese Nuclear Power Industry Ambitions

Apr 15, 2016

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

Pegasus Foods Plans $10m Expansion Of Frozen Food Production Facility In Texas,US

Mar 16, 2016

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

Scale of LED Industrial Lighting to Reach US$2.9 Billion in 2016

Mar 7, 2016

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 ...

Tags: LED Industrial Lighting, LED Lighting

Oil Price Crash Impacts Spend on Fiber Sensors

Nov 5, 2015

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

Key Points of George Osborne's Sixth Budget

Mar 20, 2015

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

EPA Seeks Input on Emission Standards

Feb 2, 2015

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

Arcelormittal Announced That Its European Unit Is Providing 310,000 Mt of HRC

Dec 22, 2014

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 Has Completed The Acquisition of All of The Outstanding Shares of Desert NDT

Aug 13, 2014

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

A New Five-Year Strategic Alliance Agreement

Aug 12, 2014

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

Wireless Terminals,RAS-Extend Land Vehicle,and RAS-Extend Marine

Apr 10, 2014

Redline Communications Extends High Speed Wireless to Vehicles, Ships and Offshore Oil and Gas Operations Thursday, Apr 10, 2014 Redline Communications (www.rdlcom.com) Group Inc. (TSX: RDL), a leading provider of mission-critical wireless ...

Tags: Transportation, Service

UK Government:There Is Much Greater Opportunity in Developing The North Sea's Oil and Gas

Feb 26, 2014

The UK government believes there is much greater opportunity in developing the North Sea's remaining oil and gas resources than in the fledgling onshore shale gas sector, and plans to implement speedily recommendations laid out in a final ...

Tags: Shale Gas, North Sea Investment

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