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Annual offshore drilling expenditure to soar
[19/04/2013] Intelligence from a recent investigation by GBI research has shown that an increase in offshore discoveries is prompting a surge in exploration activity across the Middle East and Africa and driving up the amount spent on drilling.Annual offshore drilling expenditure to soar - Read more
AUMA’s modular credentials secure KazTransOil contract
[19/04/2013] KazTransOil, the dominant oil transporter for Kazakhstan, has selected AUMA’s modular electric actuators for valve automation at an oil metering skid incorporated into the Almaty terminal.Responsible for 80% of all oil distributed in Kazakhstan, KazTransOil operates a vast pipeline network totaling over 6,000 km.AUMA’s modular credentials secure KazTransOil contract - Read more
IDEX Corporation acquires FTL
[19/04/2013] IDEX Corporation has announced the acquisition of FTL Seals Technology Limited (‘FTL’), a leader in the design and application of high integrity rotary seals, specialty bearings, and other custom products for the oil & gas, mining, power generation, and marine markets.IDEX Corporation acquires FTL - Read more
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