Tag: oil & gas

Charlotte-based company Curtiss-Wright has sold substantially all of the assets and liabilities of its downstream oil and gas businesses, including the DeltaValve, TapcoEnpro International (TEI) and Groquip business units, to affiliates of Sun Capital Partners Group.

Global Industry Analysts (GIA) has released a comprehensive global report on industrial valves. The global market for Industrial Valves is projected to surpass US$78.4 billion by 2020 driven by industrial expansion in developing economies, plant automation and emission control regulations.

Administrators at Laredo Community College (LCC) are looking into spending several million dollars to buy real-life equipment used in the industry in an attempt to give a more hands-on education. Oil and gas may have slowed down in the last six months, but the director of the oil and gas program says the industry always needs highly skilled technicians.

Tipiel, Technip’s subsidiary in Colombia, was awarded a front-end engineering design and detailed engineering design contract on a lumpsum basis by the Consorcio Constructor Ductos del Sur. This covers the development of a new gas pipeline to transport gas from the Camisea field to Southern Peru.

ExxonMobil has announced that 155 third- to fifth-grade teachers from all over the USA have been chosen to attend the national 2015 Mickelson ExxonMobil Teachers Academy. The program is a week long, all-expenses paid, professional development for teachers that equips them with innovative ways to educate their students about science and math in efforts to inspire them in these critical subjects.

The Systems Division of Wilson Company (Wilson Systems) has launched IntelliTest®, the first fully-automated hydrostatic pressure non-destructive tester, for testing and recertification of critical iron parts for oil and gas fracking applications.

It is being reported that Royal Dutch Shell is in discussions with BG Group regarding a possible USD 70 billion merger between the two oil and gas companies. Shell has taken a step to boost its deepwater and LNG asset portfolio during the current low equity price environment by taking over BG Group.

The American Petroleum Institute (API) has issued an updated pressure relieving design and installation standard to enhance refinery safety as part of its commitment to improving workplace safety and protecting the environment.

Mexico's state-owned petroleum company Pemex has signed an agreement giving two investment funds a 45 percent stake in a natural gas pipeline in exchange for $900 million. The Los Ramones pipeline will transport natural gas from Texas to Mexico and is intended to facilitate imports of cheap US gas and lower Mexico's high commercial electricity rates.

Primetals Technologies received the final acceptance certificate (FAC) from Borusan Mannesmann Pipe US for a heat treatment plant installed in the company´s new electric resistance welded (ERW) pipe mill in Baytown, Texas, USA.