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).
MRC to acquire Production Specialty Services
MRC Global Inc. announced that the company’s U.S. operating subsidiary, McJunkin Red Man Corporation, has signed an agreement to acquire the operating assets of Production Specialty Services, Inc.
Easi-Drive provides safe, economical valve operati
Smith Flow Control has ushered in an affordable way for companies to safely manage valve operations. The Easi-Drive portable valve actuator securely and effectively operates valves in power plants, oil refineries, paper mills and chemical processing facilities.
One operator can efficiently operate multiple valves with a single tool while reducing fatigue and injury risk.
Exelon Completes Sale of Maryland Coal Plants
Exelon has completed the sale of three Maryland coal-fired power plants to Raven Power Holdings LLC, a portfolio company of Riverstone Holdings LLC.