Valve World Expo 2012 Re-cap
Valve World Expo 2012: Three Days of Technology Power at the Top Level in Düsseldorf With excellent business contacts and prospects of promising post-event deals, Valve Word Expo 2012, the international trade fair for industrial valves and fittings, has come to an end for exhibitors and visitors in Düsseldorf.
ADIPEC 2012 promotes sustainable energy growth
Held from 11-14 November in Abu Dhabi, the 2012 ADIPEC again proved to be a superb platform for the oil and gas industries in the Middle East. Combining a leading conference as well as a major exhibition, the ADIPEC draws in supply companies and visitors from around the globe. Valve World used the occasion to talk to some of the valve and actuator suppliers active in the region.
Foster Wheeler acquires Canadian engineering compa
Foster Wheeler AG has acquired Three Streams Engineering, Ltd., a privately held engineering company located in Calgary, Alberta, Canada.
“The acquisition of Three Streams is part of our stated strategy to grow the upstream capabilities and the geographic footprint of our Global Engineering and Construction Group,” said Chief Executive Officer of Foster Wheeler AG, Kent Masters.
BP completes sale of GoM assets to PXP
BP has sold a number of its oil and gas fields in the deepwater U.S. Gulf of Mexico to Plains Exploration & Production Company (PXP).
Marathon Oil sets for further U.S. exploration
Marathon Oil Corporation has announced a $5.2 billion capital, investment and exploration budget for 2013. About $1.9 billion, of which is targeted to the Eagle Ford shale play in Texas.