Pentair and Tyco International merge
Pentair, Inc. and Tyco International Ltd. announced a definitive agreement to combine Tyco’s Flow Control business Tyco Flow with Pentair in a tax-free, all-stock merger.
PowerSecure to build transmission lines for oil &
PowerSecure International, Inc. was awarded a contract to build electrical transmission infrastructure to support a series of new oil and gas production sites by a major energy company in partnership with a prominent electric utility.
BP expands upstream exploration in Brazil
The Brazilian National Petroleum Agency approved BP’s farm-in to four deepwater exploration and production concessions in the Brazilian equatorial margin.
Updated emergency pipeline repair system
To offer better disaster planning and contingency services to operators and contractors, Hydratight has launched an updated Emergency Pipeline Repair System.
Parker Hannifin acquires Snap-tite
Parker Hannifin Corporation has acquired Erie, Pennsylvania based Snap-tite Incorporated, a manufacturer of high pressure fluid power components for oil & gas, research and industrial markets.
