The Switch Closes Deal with Wärtsilä to Take Power Drives to the WorldNov 2, 2016The Switch, a technology specialist of advanced drive trains, has closed the deal to purchase Wärtsilä’s Norway-based marine power drives product range for megawatt-class applications.
SpeedCast to Acquire Harris CapRockNov 2, 2016SpeedCast International Limited, a global satellite communications and network service provider, has announced it has entered into a definitive agreement to acquire Harris CapRock...
GE and Baker Hughes Agree to Create New Fullstream Digital Industrial Services CompanyOct 31, 2016GE and Baker Hughes have announced that the companies have entered into an agreement to combine GE’s oil and gas business (GE Oil & Gas) and Baker Hughes to create a...
Statoil Increases Share in Byrding DevelopmentOct 31, 2016Statoil has agreed to acquire Wintershall Norge’s 25% interest in the Byrding project on the Norwegian Continental Shelf (NCS).
Alimak Group Acquires Facade Access GroupOct 28, 2016Alimak Group, the vertical access solution company, has acquired the global BMU (Building Maintenance Unit) provider Facade Access Group for an enterprise value of...
MacArtney Acquires Manufacturer of Offshore and Renewable Energy System SolutionsOct 28, 2016MacArtney Underwater Technology Group has acquired the majority holding in Denmark-based ASME A/S.
Akastor Agrees to Sell Fjords Processing to National Oilwell VarcoOct 27, 2016Akastor ASA, an oil service investment company, has entered into a definitive agreement to sell Fjords Processing to National Oilwell Varco for a consideration of...
Pepperl+Fuchs Joins Forces with Mobile Explosion Protection PioneerOct 26, 2016Pepperl+Fuchs, a global company in explosion protection by intrinsic safety and in industrial sensors, has announced the acquisition of ecom instruments GmbH...
ÅF Strengthens Petrochemical and Process Industries PositionOct 25, 2016ÅF has announced it will acquire Reinertsen’s operations in Sweden, thereby strengthening its customer offering primarily in West Sweden.
Hoover Ferguson Group Merger Transaction CompletedOct 24, 2016Hoover Container Solutions, Ferguson Group and CHEP Catalyst & Chemical Containers have finalised their merger to form the independent joint venture company, Hoover Ferguson Group.
Aker Solutions to Acquire Majority Stake in Brazil’s C.S.E.Oct 21, 2016Aker Solutions agreed to buy 70% of Brazilian C.S.E. Mecânica e Instrumentação Ltda, building on a strategy to expand its services business...
Shell Divests Non-Core Shale Acreage in Western CanadaOct 21, 2016Royal Dutch Shell plc, through its affiliate Shell Canada Energy has announced it has agreed to sell approximately 206,000 net acres of non-core oil and gas properties...
ExproSoft Announces Acquisition of MiriamOct 20, 2016ExproSoft, a supplier of well integrity and reliability software to the oil and gas industry, has acquired Miriam, a supplier of RAM analysis software.
Petrobras Board of Directors Approves Sale of Nansei SeikyuOct 18, 2016The Petrobras Board of Directors has approved the sale of 100% of the company’s interest in Nansei Seikyu (NSS). The buyer is the Taiyo Oil Company.
GC Rieber Shipping and Rasmussengruppen Establish Jointly Owned Geophysical CompanyOct 13, 2016GC Rieber Shipping ASA has signed an agreement with Rasmussengruppen AS to establish a new, jointly owned marine geophysical company...
Norwegian Subsea MergerOct 12, 2016Subsea technology company Optime Subsea Services AS is set to merge with engineering house Telemark Technologies AS to fast track its...
MacGregor Signs Joint Venture Contract with CSSCOct 11, 2016MacGregor, part of Cargotec, and China State Shipbuilding Corporation’s (CSSC) Nanjing Luzhou Machine Co Ltd (LMC) signed a joint venture contract to form...
Total Announces the Sale of its Specialty Chemicals AffiliateOct 7, 2016In the context of the divestiture process of its specialty chemicals affiliate, Atotech B.V., Total has selected the offer from The Carlyle Group.
Emerson to Acquire UK-Based Permasense LimitedOct 4, 2016Emerson has announced it has agreed to acquire UK-based Permasense Limited, a provider of non-intrusive corrosion monitoring technologies...
Marathon Oil Sells Non-Operated Conventional AssetsOct 4, 2016Marathon Oil Corporation has announced that the company has signed an agreement for the sale of certain non-operated CO
2 and waterflood assets...
Akastor Agrees to Sell Frontica IT BusinessOct 3, 2016Akastor ASA, an oil service investment company, has entered into a definitive agreement to sell Frontica Business Solutions AS to Cognizant for...
ÅF Acquires Solid Engineering ASOct 3, 2016As part of ÅF’s growth strategy and ambition to strengthen its position in the sector Transmission and Distribution, ÅF is acquiring...
MacGregor Acquires Majority Shares of Flintstone Technology Ltd.Sep 30, 2016MacGregor, part of Cargotec, has acquired 51% of the shares of the privately owned company Flintstone Technology Ltd.
New Scan Tech AcquisitionSep 29, 2016Through mother company James Fisher Norway, Scan Tech has ensured access to SWT's patented rig cooling technology.
