Tag: oil and gas

BP adds drilling rigs in Gulf of Mexico

The multinational oil and gas company, BP, has added two drilling rigs to the deepwater Gulf of Mexico, bringing its fleet to a total of nine rigs, a company record.

GE Oil & Gas unveils new fuelling solution

GE Oil & Gas introduced the LNG In A Box system, a small-scale, plug-and-play, re-deployable liquefied natural gas (LNG) fuelling solution that can help accelerate the use of natural gas as a cost-effective, cleaner transportation fuel.

McJunkin Red Man to acquire SPF

McJunkin Red Man Corporation (MRC) has signed an agreement to acquire Stainless Pipe and Fittings Australia Pty Ltd (SPF). This brings MRC one step closer to realizing the company’s strategic vision to be the world’s leading pipe, valve and fitting (PVF) distribution company for the energy and industrial markets.

GE Energy to Acquire Converteam

GE’s Energy business has entered into an agreement to acquire approximately 90% of electrification and automation equipment and systems company Converteam, for approximately USD 3.2 billion.

New on-site milling options for flanges

Climax Portable Machine Tools has developed a new line of heavy-duty portable flange facers that gives machinists the option to select one of three configuration options.