Tag: sell
Baker Hughes to Sell SPC Flow Assets to Pelican
American energy services firm Baker Hughes has signed an agreement to sell the assets of its surface pressure control flow (SPC Flow) business unit to private equity fund Pelican Energy.
Caltrol to sell and service former Pentair valves
Nevada-based industrial process automation company Caltrol has been selected as the new provider for former Pentair Valves & Controls products and support in California, Arizona, Nevada, and Hawaii following the acquisition of Pentair’s Valves & Controls business unit by Emerson.
KRG to sell valve component provider PAS
KRG Capital Partners, a Denver-based buyout firm, has entered into a merger agreement to sell PAS International Holdings, Inc.
Flowserve to sell its Gestra AG business
Flowserve Corporation, a leading provider of flow control products and services for the global infrastructure markets, which is headquarters in Texas, has announced it has entered into a conditional sale and purchase agreement to sell its Gestra AG business unit to Spirax-Sarco Engineering plc, a leading provider of steam system solutions.
Pemex sells crude to US for first time since 2008
Mexico's Pemex has begun selling heavy Maya crude for the first time since 2008 to US West Coast refiners. Pemex will also market more light Isthmus crude this year to the US West Coast, most, if not all destined for California.
US to sell 8 M bbls of crude oil reserves
The US Department of Energy (DOE) recently issued a Notice of Sale for crude from its Strategic Petroleum Reserves, with bids for 8 million barrels of light, sweet oil due by January 17th.