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Oil & Gas news, March 2020

Warburg Pincus seals Sundyne acquisition

The private equity deal was first announced in January 2020.

 

ADNOC is building the world’s largest underground oil storage facility in Fujairah.

 

The company is seeing strong growth in new oil & gas projects in the region.

 

The two new products use a non-pusher secondary seal (NPSS) device that provides a solution to secondary seal contamination and hang-up.

 

The SludgeKat can handle applications involving heavy sludges and slurries.

 

The new high pressure pumps are designed for use in oil and gas production.

 

Will provide maintenance and repair services for all types of pumps.

 

Compensation will be directly linked to facility uptime.

 

The wet seals service centre is in Ho Chi Minh City.

 

The newly combined company has been named Ingersoll Rand Inc.

 

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