Sandvik to distribute SMT to Sandvik’s shareholders
Sandvik Board of Directors has decided that following the completion of the internal separation of Sandvik Materials Technology (SMT), Sandvik will proceed with the preparation to distribute SMT to Sandviks shareholders and list the companys shares on the Nasdaq Stockholm Exchange.
Expro secures major contract for RWI system
Expro Group Australia Pty Ltd has secured a major contract for its innovative subsea riserless well intervention (RWI) solution, supporting Chevron Australia.
Alok K Gupta as Managing Director & CEO of ONGC Videsh
Industry veteran Mr AK Gupta has taken over as Managing Director & CEO of ONGC Videsh. He brings with him over three decades of experience in various capacities in domestic and overseas oil and gas exploration and production operations.
NTS Group acquires Amega West Services
NTS Group has acquired Amega West Services from Carpenter Technology Corporation. With headquarters in Houston, Amega West has production and service plants in the United States, Canada, and Singapore.
Essar appoints Stein Ivar Bye as CEO
The Board of Essar Oil UK Ltd announced the appointment of Stein Ivar Bye as Chief Executive Officer. Stein Ivar Bye will be based at the companys Stanlow Manufacturing Complex in Ellesmere Port, Cheshire.