Business news - 09 May 2014

ShawCor has entered into a definitive purchase agreement to acquire all of the outstanding shares of Desert NDT LLC for US $260 million.

Enbridge Inc. is well positioned to respond to an evolving energy landscape, President and Chief Executive Officer Al Monaco told shareholders during Enbridge's annual general meeting in Calgary.

Tata Steel’s Speciality Steels business has unveiled an enhanced version of its existing steel grade which combines high strength with toughness.

CH2M Hill has pledged to encourage more women into engineering careers.

Crosstex Energy is continuing to expand its gas gathering and processing capabilities in the Permian Basin through a new agreement with a major oil and gas producer in the region.

The Punjab and Haryana high court has accepted the argument that the laying of a gas pipeline in Punjab is a project of national importance, dismissing a public interest litigation (PIL) filed by a few villagers from Ludhiana district.

Rapidly growing subsea specialist ROVOP expands ROV fleet with £17million investment in five new vehicles.

Reef Subsea has won its first pipeline trenching contract for the Q1000 jet trencher, for client GDF SUEZ.

TransCanada has filed a project description for a new gas pipeline in eastern Canada that will replace capacity being converted to carry crude for the Energy East oil pipeline.

DNV GL has acquired Marine Cybernetics, the leading company for third-party testing of computer control systems.

Part two of this special report explains why shale gas has the potential to diversify Europe’s energy mix.