Rotating Equipment
ITT buys German systems firm Bornemann Pumps
Headquartered in Germany, Bornemann Pumps has strong international-installed base of multi-phase pumping systems, according to ITT officials. The company also serves the industrial, food and pharmaceutical sectors. The deal, valued at €206 million, would be funded from ITT’s cash.
Saudi Aramco investigates Tyco valve contracts after bribery charges
Saudi Aramco has suspended further dealings with Tyco Valves & Controls Middle East while it looks into contracts it signed with the firm between 2003 and 2006, according to a source. Tyco pleaded guilty last week in a US court to paying bribes to officials employed by Aramco.
Petronas picks GE compressor technology for first Asia floating LNG project
GE was awarded the contract primarily on the basis of its technology as well as its experience in the LNG and offshore sectors, it said. The order is also based on GE’s global frame agreement with Petronas.
Tyco signs global agreement with Shell to provide pressure relief valves
The five-year agreement covers Crosby and Anderson Greenwood direct acting and pilot-operated pressure relief valves, line block relief valves and supporting services for all of Shell's global operations. During 2011, Tyco was also selected by Shell to provide butterfly valves in a similar arrangement.
US equipment finance sector shows rapid growth, survey says
New business volume grew 16.5% in the equipment finance industry in 2011, according to the 2012 Survey of Equipment Finance Activity (SEFA) released by the Equipment Leasing and Finance Association.
KBR expands hydroprocessing technology alliance with Shell Global Solutions
In addition to hydrocracking and hydrotreating, KBR will also market, sell and provide technology and design packages for Shell Global Solutions deep-flash, high-vacuum unit distillation and thermal conversion technologies worldwide. Specific terms were not disclosed.
Air Products to raise LNG heat exchanger capacity with new Florida plant
The new 300,000 square foot LNG manufacturing facility, which will employ approximately 250 employees in a four year ramp-up period, is to be complete and begin operations in late 2013. Air Products says the location's access to port services will facilitate global shipping of the equipment.
Chevron chooses GE for compressor maintenance on Australia gas project
Under the agreement, the oil and gas division of GE will provide Chevron Australia with scheduled maintenance, access to resident engineers, monitoring and diagnostics of the installed equipment coupled with engineering analytics, plus a guarantee relating to continuity of production.
Kobe Steel to expand compressor operations in Germany, UAE
Kobe Steel plans to establish two 100%-owned companies in July, one in Europe and the other in the Middle East, to expand the global marketing and servicing of its compressors. Nonstandard compressors are used in petrochemical plants, natural gas plants and other large facilities.
Bayer, Intergraph call for standardized piping in German chemical sector
Intergraph is teaming up with Bayer Technology Services to lobby for a standardized piping environment in the German chemical process industry. Many active companies have shown interest in the project and some have already agreed to the conditions in principle, Intergraph said.
- EnEarth awards FEED contract to Kent for the Prinos CO₂ Storage Project in Northern Greece 3/12
- Axens joins consortium trying to develop an eFuels plant in Australia 3/12
- Southern Energy Renewables announce $1.4-B methanol and SAF complex in Louisiana 3/12
- Clariant successfully demonstrates advanced pyrolysis oil upgrading technology for circular plastics with Borealis and SINTEF 3/12
- Indorama Ventures' consortium to develop state-of-the-art rPET facility in Nigeria 3/12
- U.S. sues California over zero emissions vehicle, greenhouse gas rules 3/12
