SFC Energy hybrid power solutions deliver power to remote locations. Simark Controls, a subsidiary of SFC Energy has received an order for turnkey EFOY Hybrid power solutions to provide reliable clean power in Canada’s Yoho National Park. Simark signed the contract with Okanagan Aggregates Ltd., a leading Western Canadian...
Baker Hughes, a GE company, announced the newest launch of its Bently Nevada Business business unit. Bently's Orbit 60 Series is its next-generation condition monitoring and protection platform. The Orbit 60 series is • a new system that connects to flagship machinery management software...
ПАО «ЛУКОЙЛ» сообщает о закрытии сделки по приобретению 25%-ной доли участия в проекте Marine XII в Республике Конго у Компании New Age M12 Holdings Limited. Сделка была закрыта после выполнения всех отлагательных условий, в том числе получения одобрения государственных органов Республики Конго. Справка Лицензионный участок Marine XII площадью 571 кв. км...
In the presence of the president of Mexico, Andrés Manuel López Obrador, the chief executive officer of Petróleos Mexicanos, Octavio Romero Oropeza, presented Pemex’s Business Plan for the years 2019-2023. It was unanimously approved by the Board of Directors and lays the foundations for the modernization of the company,...
Uzbekistan’s largest state-owned enterprise, the oil and gas company Uzbekneftegas (UNG), will be restructured to improve its long-term sustainability and credit quality following a decision by the country’s government to implement a corporate transformation plan prepared with support from the Asian Development Bank (ADB). The decision was announced in a decree signed...
Mexico's regulator has approved Shell's exploration plans for four deepwater areas, after it gave the green light to five others earlier this week, committing Royal Dutch Shell to invest at least $791 million. The plans stipulate that Anglo-Dutch Shell could invest up to $1.06 billion in the four blocks, mostly...
KBR announced its selection as the preferred bidder by Freeport LNG Development, L.P. for the engineering, procurement, construction, and commissioning (EPC) contract for Train 4 at Freeport LNG’s export facility near Freeport, Texas. “We are excited to be selected for this significant project, and to continue to grow our leadership...
Weatherford International is headed to bankruptcy court to try to slash its crushing debt load. On Friday, the services company said it planned to file under Chapter 11, and announced that its senior creditors are expected to facilitate financing that will sustain operations during bankruptcy and afterward. The company’s statement on...
Yantai-based Jereh Group, a private Chinese oil and gas equipment manufacturing company, released the world's first electric-drive fracturing equipment on April 20. The drive will significantly reduce costs and improve the efficiency of shale gas extraction. China has the largest proven reserves of shale gas globally. And among the integrated...
CorteCros®, part of Cortec® Corporation Europe has expanded its warehouse location in Split, Croatia, with a new manufacturing facility and laboratory. Cortec’s proprietary VpCI®/MCI® products are now manufactured in Split in accordance with REACH regulation, which enables them to be shipped everywhere inside the European Union in record time. ...