Business news

STATS Group establishes new Australian entity and invests in pipeline integrity market.

Polskie Górnictwo Naftowe i Gazownictwo continues the efforts to renegotiate the price terms of natural gas supplies under a long-term contract with Gazprom.

WEG and Lontra hit high efficiency levels with an innovative compressor combined with a specially designed motor.

Lesley Birse has been appointed as as Executive President of People & Organisation, having previously worked as President of Wood’s global Operations business unit.

Michels completes massive HDD project.

ROVOP, which is marking its tenth anniversary this year, is on a strong growth trajectory after securing contracts valued at £25 million in the last six months.

The agreement, expected to close in 1Q22, provides for an all-stock transaction.

Quorum Software has announced that Kyle Priest has been named Executive Vice President & Chief Marketing Officer.

Six-member advisory panel will drive decommissioning strategy and direction.

Simo Sääskilahti has been chosen as the head of the Business Line as of the completion of the merger process between Valmet and Neles.

Element Materials Technology has set out its new environmental ambition, committing to science-based targets and net zero emissions across its entire global business by 2035.

PGNiG Supply & Trading, in cooperation with the American-Ukrainian ERU Group, won a tender for natural gas supplies to Republic of Moldova.

Crestwood will acquire Oasis Midstream in an equity and cash transaction valued at approximately US$1.8 billion.

Comments from NN Investment Partners on the energy crisis and the industry’s outlook for the winter.

Vallourec has announced that it has signed a 10-year frame agreement with Esso Exploration and Production Guyana Limited – an affiliate of ExxonMobil.