Innovative Design and Reducing Emissions
Working to eliminate fugitive emissions is an ongoing process. Companies are developing new and innovative technologies every day to help in the fight against these emissions to reduce the risk to the environment and surrounding individuals.
Curtiss-Wright to Acquire Ultra Energy
Curtiss-Wright Corporation announced that it entered into an agreement to acquire the stock of Ultra Nuclear Limited and Weed Instrument Co., Inc. (“Ultra Energy”), a subsidiary of Ultra Electronics, for $200 million in cash.
Conocophillips To Acquire Marathon Oil Corporation
ConocoPhillips and Marathon Oil Corporation announced that they have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 billion, inclusive of $5.4 billion of net debt.
Hess Shareholders Sign Off On $53 Billion Sale to Chevron
Hess shareholders approved the proposed $53 billion merger with Chevron that paves the way for the No. 2 U.S. oil company to gain a prize asset and a foothold in rival Exxon Mobil's massive Guyana discoveries.
IMI Unveils First HIPPS For Hydrogen Post-Production Processes
IMI has unveiled what is believed to be one of the first high integrity pressure protection system (HIPPS) to protect against overpressure propagation during the hydrogen post-production process.