Business news

On Thursday 18 August, Ukraine’s energy security was the topic of DTEK CEO, Maxim Timchenko’s monthly online briefing.

Research teams from Fugro and the OICL at Oslo School of Architecture and Design have been exploring how best to harmonise maritime design by integrating digital innovation in next-generation workplaces for safe remote operations.

The Aberdeen-based project and risk management consultancy to the energy sector has relocated from its Hill of Rubislaw office to 25 Rubislaw Terrace, Aberdeen.

Phillips 66 announces it has submitted a non-binding proposal to the board of directors of the general partner of DCP Midstream offering to acquire all publicly held common units of DCP Midstream for cash.

Phillips 66 announces a realignment of its economic and governance interests in DCP Midstream and Gray Oak Pipeline.

Element Materials Technology acquires leading testing, inspection, calibration and certification provider, Singapore Test Services, a subsidiary of ST Engineering.

Global Compression opens new 7500 square ft facility in Lafayette, Louisiana.

Baker Hughes acquires Quest Integrity to deliver expanded asset inspection solutions for the energy and industrial sectors.

Direct support from utilities can boost programme participation and local economy.

HydrogenOne Capital Growth plc invests £8.4 million (€10 million) in Netherlands-based hydrogen pipeline company Strohm.

Baker Hughes announces it has agreed to acquire the Power Generation division of BRUSH Group (BRUSH) from One Equity Partners.

US hydrogen scanning solutions provider H2scan has extended its commitment to the UK and European market with the appointment of a European Director to drive the business into new markets.

TC Energy and Mexico’s Comisión Federal de Electricidad announce a first-of-its-kind strategic partnership to develop world-class energy infrastructure in Mexico.

Prisma Photonics and INGL sign an investment agreement for pipeline monitoring system in Israel.

Xiris Automation Inc. announces that Polytec GmbH of Waldbronn, Germany has been appointed an official distributor of Xiris Weld Inspection Systems for Germany, Austria, and Switzerland.