DEERFIELD, Ill. -- Caterpillar Inc. has signed an agreement to acquire the Oil & Gas Division ("Weir Oil & Gas") of the Weir Group PLC, a Scotland-based global engineering business. Headquartered near Fort Worth, Texas, Weir Oil & Gas produces a full line of pumps, flow iron, consumable parts, wellhead and pressure control products that are serviced via an extensive global network of service centers located near customer operations.   


We talked to industry experts about how things have changed since the 2015 oil price crash.