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Oil & Gas news, January 2013

Torishima Pump Mfg Co Ltd’s shares in its joint venture company Torishima Malaysia Sdn Bhd have been acquired by Smitech Holdings Pte Ltd.

 

Flowserve has announced full year 2012 bookings of approximately US$4.7 billion, a 1.1% increase on 2011.

 

Colorado-based pump distributor Power Zone Equipment Inc is now an employee owned company following its sale to the Power Zone Equipment Inc Employee Stock

 

Gearing manufacturer David Brown opens a service centre in Debord, Kentucky, USA

 

Franklin Electric has received two significant orders for its recently launched artificial lift pumping solutions.

 

The following business stories were the most popular with visitors to the World Pumps website during 2012.

 

Centrifugal pump manufacturer Amarinth has won its first order in Iraq.

 

The following stories were the most popular with visitors to the World Pumps website last month.

 

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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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