Industry News

Kinder Morgan Energy Partners entered into a definitive agreement to acquire American Petroleum Tankers (APT) and State Class Tankers (SCT) from affiliates of The Blackstone Group and Cerberus Capital Management for USD 962M in cash.

It has been announced that D. Bradley McWilliams has been named as the new non-executive chairman of McDermott’s Board of Directors. This follows the recent declaration from Stephen M.

Colfax Fluid Handling introduced an Active Valve Control option to its Smart Technology CM-1000 Series intelligent sea water cooling system controller.

Potable water tanks or reservoirs often depend on a typical common inlet/outlet to maintain drinking water quality.

Emerson has signed an agreement to purchase Virgo Valves and Controls, a ball valves and automation systems manufacturer based in Pune, India.

Crane ChemPharma & Energy will participate in the Coking Conference and Exhibition to be held between September 30 and October 4, 2013, at New Delhi, India.

Fluor Federal Petroleum Operations, LLC, has won a U.S. Department of Energy (DOE) contract for the management and operation of the Strategic Petroleum Reserve (SPR).

On 13 September chief nuclear officers representing all operating U.S. commercial nuclear energy facilities concluded a week of safety-focused dialogue and tours of Japanese nuclear plants, including the Fukushima Daiichi and Daini plant sites, the NEI has reported. The unprecedented exchange among nearly 30 U.S.

Phil Keating, a leading international valve expert and specialist in the oil and gas sector will be one of the speakers at the prestigious 2013 Valve World Asia conference being held in Suzhou, China, in September.

Sunoco Partners Marketing & Terminals has awarded a USD 270M contract to CB&I for the construction of a turnkey propane terminal and de-ethanizer facility in Marcus Hook, Penn.