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Oil & Gas news, January 2012

KSB Group’s sales revenues have broken through the €2 billion barrier for the first time.

 
MZT Pumpi supplies pumps to Bulgarian power plant

Macedonia’s MZT Pumpi has delivered six double inlet split case pumps for the Bobov Dol thermal power plant in Bulgaria.

 

The Weir Group plc is acquiring Novatech LLC, a US manufacturer of well service pump valves and valve seats for upstream oil and gas applications, in a US$

 

ITT Corp has completed the upgrade and expansion of its pump manufacturing facility in Salto, Brazil.

 

Martin Craighead has taken over from Chad Deaton as president and chief executive officer of Baker Hughes Inc.

 

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

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

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

 
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