Tag: deal
GE announces new deal with Microsoft
General Electric (GE) and Microsoft are due to announce a deeper partnership involving GE’s Predix industrial Internet platform and Microsoft’s Azure cloud platform, a senior GE executive recently announced.
ExxonMobil signs $6.6 billion deal
Exxon Mobil has agreed to acquire companies owned by the Bass family of Fort Worth, Texas, US for USD $5.6 billion in stock and up to USD $1 billion in additional payments, in a bid to boost its onshore oil production in the Permian Basin.
Metso signs deal with copper mine in Chile
Metso has won a significant deal to support the conversion of the largest open-pit copper mine in the world to a large-scale underground mining operation.
Citgo & Aruba sign deal to reactivate refinery
Venezuela's PDVSA unit in the United States, Citgo Petroleum, and Aruba recently signed an agreement to reactivate a 235,000-barrel-per-day refinery on the Caribbean island, an investment designed to help process the South American's oil producer's extra heavy crude.
Weir buys Delta Industrial Valves
Engineer Weir Group PLC has announced that it has agreed to acquire Delta Industrial Valves Inc., a U.S.-based manufacturer of valves for the mining, oil sands and other industrial markets, for an enterprise value of up to $47 million USD.