BIRMINGHAM, Alabama, USA (19 November 2014)—Pumps & Systems MENA, the voice of the pump industry in the Middle East and North Africa, is proud to announce a digital edition of the new bimonthly magazine following its official launch at the 2014 Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC).
(18 November 2014)—Drydocks World (DDW) in Dubai has contracted Wärtsilä to design and supply the propulsion and other equipment for a new harbor tug that will operate on liquefied natural gas (LNG). This will be the first harbor tug in the Middle East region to operate on gas. The order was signed in November.
ERIE, Pa. (Nov. 17, 2014) – High Pressure Equipment Company (HiP) is celebrating its 60th anniversary in 2014 with an innovative employee leadership program and a commitment to the company’s long-established tradition of excellence.
HOUSTON (Nov. 17, 2014) – Halliburton Company and Baker Hughes Incorporated announced a definitive agreement under which Halliburton will acquire all the outstanding shares of Baker Hughes in a stock and cash transaction. The transaction is valued at $78.62 per Baker Hughes share, representing an equity value of $34.6 billion and enterprise value of $38.0 billion, based on Halliburton’s closing price on Nov.
ERLANGEN, Germany (Nov. 17, 2014) – Siemens, in consortium with Bechtel, was awarded the order for the turnkey supply for Panda Power Funds’ Stonewall Energy Project in Leesburg, Virginia.
DALLAS (Nov. 14, 2014) – Flowserve Corporation has announced that it has submitted a binding offer to acquire the equity of SIHI Group B.V., a global provider of engineered vacuum and fluid pumps and related services, from TBG Europe NV for consideration of approximately 298 million euros ($372.5 million equivalent1).