Tag: joint venture

SLB announced an agreement to create Turnwell Industries LLC OPC (Turnwell), a joint venture (JV) with ADNOC Drilling Company, SLB and Patterson-UTI.

Movement Industries Corporation has announced that it has completed the formation of a joint venture with three companies and this opportunity has been awarded a contract which will generate an excess of ten million USD.

Krohne and Samson have started a new joint venture company, FOCUS-ON, dedicated to the development, marketing and production of autonomous actuators for the process industry 4.0.Krohne and Samson are equal partners in FOCUS-ON, which is registered in Dordrecht, The Netherlands.

Rockwell Automation and Schlumberger have announced the completed deal of their joint venture, Sensia, the oil and gas industry’s first digitally enabled, integrated automation solutions provider.

SABIC and ExxonMobil have created a new joint venture to advance development of the Gulf Coast Growth Ventures project, a 1.

Algeria’s government-owned hydrocarbon exploration company, Sonatrach has formed a new company with America’s BHGE in order to strengthen Algeria’s position in the upstream oil and gas market.

SPX FLOW Inc., a global supplier of flow components, process equipment and systems with US headquarters in Charlotte, North Carolina is entering into a joint venture with the WTE Wajdi Group to service rotating and static equipment for oil and gas, industrial and power customers in Iraq.

CVMR Corporation and Proteus Systems Inc. in a gathering of chemical industry professionals in Toronto, Canada, recently announced the success of their joint venture in providing a new generation of "control valve/flow sensor” in a “one unit fluid flow control system” used specifically for mining/minerals processing market, from beneficiation of ores to slurry flow control.

Setpoint Integrated Solutions, an industrial supplier of engineered process control solutions, has announced that it has been selected to supply all control, safety relief and automated isolation valves for Cameron LNG, a large liquefied natural gas terminal located in the state of Louisiana.

Victaulic, manufacturer of mechanical pipe-joining and fire-protection systems, announced a joint business venture with Bermad, a leading global producer of hydraulic water and air valve technologies. The new business partnership, called Victaulic Bermad Technologies (VBT), will be based in Houston, Texas, and will be focusing on select markets and applications, including commercial fire protection – expanding the Victaulic valve and device offering in the US and Canadian regions.