THE HAGUE, The Netherlands (8 April 2015) – The Boards of Shell and BG announced that they have reached agreement on the terms of a recommended cash and share offer to be made by Shell for the entire issued and to be issued share capital of BG. The Combination will result in BG Shareholders owning approximately 19 percent of the combined group. Shell expects the Combination to accelerate its growth strategy in global LNG and deep water.
NEWS
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BAKERSFIELD, Calif. (April 9, 2015) – Mazzei Injector Company, LLC, a manufacturer of innovative injection systems and fluid processing solutions, announces the addition of Jim Lauria as vice president of sales and marketing. Geoffrey Whynot, president of Mazzei, stated that with Lauria’s knowledge in the field of water technology and proven track record of new business development, Mazzei is bracing for substantial growth.
PITTSBURGH (April 9, 2015) – Lewis-Goetz is pleased to announce it has acquired Action Industrial Group, a South Carolina-based fabricator and distributor specializing in fasteners, gaskets, hose products and industrial construction tools and supplies. The acquisition will add seven Southeast locations to the Lewis-Goetz footprint, as well as considerable gasket fabrication technologies. Action Industrial Group has 78 employees and had $21.5 million in net sales last year.
SULPHUR, La. (April 8, 2015) – ABB has opened a new local service office near Lake Charles, Louisiana. The office will provide services and support for ABB’s automation and power portfolio including control systems (System 800xA, Symphony Plus, and heritage control systems), instrumentation, analytical products, low voltage drives, and power systems and products.
DUBAI, UAE (1 April 2015)—HE Eng. Suhail Al Mazrouei, Minister of Energy, announced the second edition of the highly acclaimed UAE State of Energy Report. The report is set to be published on the occasion of International World Energy Day, on 22 October 2015. The announcement was made amid a full house of government officials and dignitaries, thought leaders and decision makers of the UAE energy sector.
HAMILTON, Ohio, USA (2 April 2015)—OPW, a Dover Company, announced that as part of its growth strategy and One OPW initiative, it has consolidated its OPW KPS, OPW Fibrelite and OPW Fluid Transfer Group Europe management teams to create a single business unit, named OPW EMEA. The combined company will offer one of the broadest product portfolios focused on the safe and efficient handling of fuels and critical fluids in EMEA.
DUBAI, UAE (26 March 2015)—CorodexTrading was awarded the prestigious Distinguished Supplier of the Year 2015 at Dubai Municipality’s Creative Suppliers 2015 event at the Radisson Blue Dubai Creek Hotel.
Corodex was up against almost 25 other suppliers for the accolade, and this is the first time they have been awarded.
MAPUTO, Mozambique (24 March 2015)—With Mozambique's Ministry of Resources and Energy now merged, the country has taken another major step toward its 2025 vision for gas and power development. As the former Deputy Finance Minister, His Excellency Dr. Pedro Couto, will clearly have a plan to promote sustainable partnerships for trade with a focus on the country’s balance sheet. However, will there be extra emphasis on regional gas sharing and power sector investment?
SHARM-EL-SHEIKH, Egypt (26 March 2015)—RWL Water & Orascom Construction Limited (OCL) signed a memorandum of understanding with the Egyptian government to proceed with the feasibility study for building, financing and operating the first large desalination plant in Egypt for the supply of potable water. The project will include the development of an 80,000 cubic meters per day plant with a possibility to increase its capacity in the future.
HAMILTON, Ohio and HODGKINS, Ill. (April 2, 2015) – OPW, a Dover Company, announced that, as part of its growth strategy and One OPW initiative, it has consolidated its OPW KPS, OPW Fibrelite and OPW Fluid Transfer Group Europe management teams to create a single business unit, named OPW EMEA. The combined company will offer a broad product portfolio focused on the safe and efficient handling of fuels and critical fluids in EMEA.