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Oil & Gas news, July 2012

HMS Group has signed a RUB1578 million contract to provide a wide range of construction and engineering works on the Dulisma oil and gas condensate field,

Schlumberger’s Framo Engineering is to supply A/S Norske Shell with a complete subsea booster pump system for the Draugen Field in the North Sea.

Russia’s HMS Group has entered into an agreement to acquire a 75% stake in the German centrifugal pump manufacturer Apollo Goessnitz GmbH.

National Oilwell Varco Inc has completed the acquisition of Canadian oilfield equipment supplier CE Franklin Ltd in a C$239 million deal.

Barry Pennypacker has resigned as president, chief executive officer (CEO) and director of Gardner Denver Inc.

HMS Group has completed the acquisition of KazanKompressorMash, a manufacturer of centrifugal and screw compressors based in Kazan, Russia.

Italy’s Pompetravaini SpA has entered into a share purchase agreement to acquire an 80% stake in NSB Gas Processing AG, a Swiss manufacturer of API liquid

Netzsch Mohnopumpen GmbH is being renamed Netzsch Pumpen & Systeme GmbH from 1 July 2012.

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