Business news - 11 November 2013

L.B. Foster announces agreement to acquire Ball Winch Pipeline Services, expanding its tubular products pipe coating capabilities.

Abu Dhabi National Energy Co (TAQA) has sold its 40% stake in a Dutch gas pipeline for US$ 240 million.

Wood Group enhances US shale exposure with acquisition of Elkhorn.

Tata Steel announces contract with KOGAS for pipe supply.

Andrew Reid, Douglas-Westood, explains why for many firms in the global oilfield service industry, raising growth capital is a constant preoccupation.