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Oil & Gas news, December 2010

Allweiler AG has fulfilled a €1.7 million order for centrifugal pumps for an expanded polyester production plant in Wujiang, China.

 

Colfax Corporation has expanded its SmartSense intelligent pump monitoring line to include the SmartSense Pulse.

 

Flowserve Corp has finalised a new U$$1 billion, five-year credit facility, which includes a US$500 million term loan and a US$500 million revolver that th

 

The SmartSense intelligent pump monitoring line now includes the new SnartSense Pulse which fits easily near the bearing on a pump to gauge temperature and

 

GE is to make an US$800 million offer for Wellstream Holdings plc, an engineer and manufacturer of flexible pipeline products for oil and gas transportatio

 

Waukesha Bearings Corp has acquired KMC Inc and Bearings Plus Inc, two companies that operate in the design, analysis and manufacturing of engineered fluid

 

Flowserve Corp has entered into a five year sole source agreement with Shell for control valves and related instrumentation.

 

John Crane is to directly handle sales and support of its Indufil equipment in the Americas from 1 December 2010.

 

The three orders call for specialised condensers, liquid ring pump packages and ejector systems for facilities in North America and Asia.

 

The Abu Dhabi Company for Onshore Oil Operations (ADCO) has ordered Flowserve MP1 multiphase pumps for the Bida Al Qemzan field development project.

 

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Both orders were both secured through Amarinth’s office in Kuala Lumpur.

 
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Warburg Pincus is acquiring the centrifugal pump manufacturer from funds advised by BC Partners Advisors LP and The Carlyle Group.

 
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The mechanical seal company is investing almost US$16 million.

 
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Ingersoll-Rand plc to spin off its Industrial segment (Ingersoll Rand Industrial) and combine it with Gardner Denver Holdings Inc.

 
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