Erik Wiik has joined CIRCOR Energy as group president. Wiik was previously at Aker Solutions for 24 years, where he managed groups of businesses delivering advanced subsea technology to the global oil and gas industry.
HiPower Systems, a manufacturer of power generation and power distribution equipment in the U.S. and Canada, has signed RDO Equipment Co. to be a distributor in North Dakota, South Dakota, Minnesota and eastern Montana.
IAHL Corp. announced that its subsidiary, Altenesol LNG Colombia S.A.S., has finalized a 15 year take-or-pay agreement for its first LNG train.
Natural gas prices were flat at most trading locations between March 11 to March 18 (the report week), according to the Environmental Information Administration (EIA).
EQT Midstream Partners has entered into an agreement with EQT Corp. to acquire its Northern West Virginia Marcellus Gathering System, along with a preferred interest in an EQT subsidiary, for US$1.05 billion.
Beta Machinery Analysis (Beta) announced two additions to its leadership team. The new personnel reflect BETA’s growing business in China and Southeast Asia, and its expanded services in piping vibration and integrity.
Natural gas prices dropped at most trading locations from March 4 to March 11 (the report week) due to more seasonal temperatures, according to the Energy Information Administration (EIA).
BP Egypt announced another gas discovery in the North Damietta Offshore Concession in the East Nile Delta.
Burckhardt Compression has received an order for three process gas compressor systems.