Business news - 20 November 2015

Esco Tool has introduced a new product: the Pipe Bevelling Tool preps large diameter pipes for precision welds in oil and gas pipelines.

Pembina Pipeline Corporation announces closing of previously bought deal, financing and exercise in full of over-allotment option for gross proceeds of CAN$460 million.

Tracey Goldsmith has been appointed by Smith Flow Control as the company’s new President, where she will be tackling issues of company development and performance of operations.

The Gazprom delegation has announced that it is taking part in the APEC CEO Summit in the Philippines.

API’s Monthly Statistical Report for October 2015 sees the demand for petroleum fall, while gasoline is on the up.

Subsea UK has been working with education bodies and teachers to create a resource that will capture the interest and imagination of primary pupils in science subjects.

The munitions object that was found near the Nord Stream 2 pipeline has been successfully cleared by the Swedish Armed Forces.

SkillsUSA finalist plans to use scholarship to become a welding instructor.

Statoil has received consent from the Petroleum Safety Authority Norway to use the Edvard Grieg oil pipeline.