Business news

Abakan Inc., an emerging leader in the advanced coatings and metal formulations markets, announces financing.

APA Group announced a 14% increase in net profit to US$ 199.6 million, and a 12.9 per cent increase in EBITDA to US$ 747.3 million for the year ended 30 June 2014.

OPA has awarded Costain a one year contract extension for the operation and maintenance of the Government Pipeline and Storage System.

The NEB has announced a public hearing for Alliance Pipeline’s proposed new services and related tolls and tariffs.

Brown Integrity has announced it has completed the acquisition of Pipeline Services International of Houston, Texas.

New additions to the Mathey Dearman team.

PTTEP partnered with global pipeline service provider T.D. Williamson.

The International Marine Contractors Association has produced two important sets of statistics.

Smith Flow Control announces new distributor agreement in Iran.

Cegal and Blueback Reservoir join forces to create a global partner for the oil and gas industry.

10 natural gas pipeline projects were proposed in the US in July 2014, while three were certificated and one was placed in service.

Alexey Miller holds working meeting with Chinese Ambassador to Russia.

Honeywell’s UOP technology selected to clean offshore natural gas in the UK.

Winners will be announced at the Safety Leadership Conference in Indianapolis.

The President of Gabon, Ali Bongo Ondimba, and Eni’s Chief Executive Officer, Claudio Descalzi, met in Libreville.