Business news - 10 September 2014

India’s Oil Ministry is proposing a viability gap fund to meet the government’s target of doubling the gas pipeline network to 30 000 km.

Tata Steel gains responsible sourcing certification for construction products.

Baker Hughes acquires Weatherford’s Pipeline and Specialty Services business.

According to Moldova’s Ministry of Economy, the EU will allocate €10 million to expand the Iasi-Ungheni pipeline to Chisinau.

GE Oil & Gas showcases growth in technology and global capabilities.

American Midstream increases revolving credit facility to US$ 500 million and extends maturity to 2019.

An American Petroleum Institute survey has revealed the extent of economic growth behind the American oil and natural gas sector.

Success with first mobilisation of HRF in GoM.

Vallourec awarded steel tube order for an umbilical offshore project in the UK.