Dorset, UK - Meggitt Sensing Systems, a division of Meggitt PLC, the international aerospace, defense and energy engineering group, has signed a framework agreement with Siemens Power & Gas Division to supply machinery sensing solutions for all their rotating machinery portfolio. Machinery protection and condition monitoring is an essential part of turbine life – it helps maximize machine efficiency and reliability, safeguard critical assets and reduce operating costs.
Jeannette, PA – Elliott Company has announced that it has integrated the operation of Ebara International Corporation’s Cryodynamics Division (EIC Cryo) based in Sparks, Nevada with its operations in Jeannette, PA. The strategic, inter-divisional realignment combines operations under Elliott Group, a wholly owned subsidiary of Ebara Corporation.
DALLAS and DENVER – Jacobs Engineering Group Inc. announced the completion of its acquisition of CH2M via a cash and stock transaction. The combination, which received broad affirmative support from CH2M shareholders, is expected to further drive the company’s profitable growth strategy.
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LONDON – The Energy Industries Council (EIC), the leading trade association for companies that supply goods and services to the energy industries worldwide, has announced the appointments of BMT’s Director of Business Development Louise Ledgard and Duncan Reed, Director Project Development with the Dresser-Rand business, part of Siemens Power and Gas, to its Board of Directors.
IRVING, Texas – Petrobras and ExxonMobil signed a memorandum of understanding regarding a strategic alliance to jointly identify and evaluate potential business opportunities.
The memorandum of understanding was signed in Rio de Janeiro by Pedro Parente, president of Petrobras, Brad Corson, president of ExxonMobil Upstream Ventures, and Stephen Greenlee, president of ExxonMobil Exploration Company.
LITTLETON, Colo. — IMI announced that it has agreed to acquire Bimba, a manufacturer of pneumatic, hydraulic and electric motion solutions with an extensive distributor network principally servicing the North American Industrial Automation market. Bimba will become an integral part of IMI Precision Engineering and the acquisition represents a significant strategic step for the division.