Danfoss has officially finalised its US$3.3 billion acquisition of Eaton’s hydraulics business following confirmation of all necessary regulatory approvals and closing conditions
Industry
Europa Oil & Gas farming out Inezgane Licence, North Africa
Europa Oil & Gas has announced the formal launch of the farmout initiative of its high-impact exploration opportunity, the Inezgane Offshore Permit, offshore Morocco in the Agadir Basin
SafeSTS develops green technology for ship-to-ship cargo transfers
SafeSTS has developed and patented a new ship-to-ship cargo transfer system for the Dynamic Positioning (DP) shuttle tankers sector
Sonangol wins back stake in Portuguese oil and gas company
As a result of the International Arbitration Courts decision, Sonangol will be reinstated as sole shareholder (100%) of Esperaza Holdings BV, the Netherlands-based offshore company
HydroVolve launches new technology solutions
Global energy technology firm RotoJar has rebranded to become HydroVolve, launching a new pioneering range of technology solutions built on its patented hydraulic-powered downhole engine