Industry

Alfa Laval launches new Optilobe Rotary Lobe Pumps

alfa alavlAlfa Laval, global provider of specialised products and engineering solutions, has unveiled new OptiLobe rotary lobe pumps with an aim to provide cost-effective and versatile alternatives for general applications requiring gentle product treatment and easy serviceability

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Global oil and gas contracts value up by 79 per cent, says GlobalData

43163985545 316df48725 zThe total contract value of the global oil and gas industry reached US$42bn in Q2 2019, a 79 per cent increase on Q1’s value of US$23.4bn, according to GlobalData, a data and analytics company

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Saudi Aramco H1 net income slips to US$46.9bn

39504994202 8cd89d1791 zThe Saudi Arabian Oil Company (Saudi Aramco) has announced that its net income for the first half of 2019 slipped to US$46.9bn, a nearly 12-per cent decrease y-o-y

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ADM Energy raises US$604,000 through placing

4773815181 6732bf673f zNigeria-focused ADM Energy, an oil and gas investment company quoted on AIM, announced on 9 August the launch of fundraising comprising a placing by Pello Capital Limited in conjunction with a PrimaryBid offer

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ADNOC acquires stake in global storage terminals operator VTTI

PR Vitol 07082019The Abu Dhabi National Oil Company (ADNOC) has announced a strategic investment in global storage terminal owner and operator VTTI BV (VTTI)

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