Pipeline Business

Wind Point Partners Acquires and Combines Clock Spring and Neptune Research

Wind Point Partners, a Chicago-based private equity firm, announced today it has entered into definitive agreements to simultaneously acquire and merge Clock Spring and Neptune Research, two providers of high-performance repair and rehabilitation products for global critical infrastructure. The combined business will be named ClockSpring|NRI.

The Pipeline Transport Institute and Transneft Diascan Sign Agreements with Algeria-Based Sonatrach

The Pipeline Transport Institute and Transneft Diascan have signed contracts for diagnostics (inspection) with Sonatrach, an Algerian state oil and gas company. In December, the documents were signed in the city of Algiers within the framework of the development of the provisions of the memorandum of Cooperation signed between Transneft and Sonatrach.

Petrobras Seeking to Divest Its 4500-km Of Pipeline Assets And Focus On Deep Water Investments

Brazil’s state-controlled oil company Petróleo Brasileiro, or Petrobras, could introduce a new sale and purchase agreement (SPA) for the sale of the Transportadora Associada de Gás (TAG) pipeline, after a Brazilian Supreme Court injunction this past July stalled the sale.

Pipeline meets Python Rosen Group Links Up With The Software Community

Experts from the national and international programming scene took it in turns to take to the mic over five days at the PyCon.DE conference in Karlsruhe. In attendance were the data scientists from the ROSEN Group. As an information service provider with a branch in Stutensee, the company is constantly seeking additional forms of analysis which can be applied in new industries.

India and Nepal Begin Building A Series Of Pipelines Between The Two Countries

The Indian Oil Corporation (IOC) and Nepal Oil Corporation (NOC) have held a comprehensive review of their bilateral relations and have agreed to develop a number of pipelines between the two countries to supply landlocked Nepal with oil, natural gas and LPG.

ExxonMobil and Plains All American Envision Major New Multibillion Dollar Pipeline System in the Permian Basin

It appears ExxonMobil will lead the development of yet another pipeline system coming from the prolific Permian Basin, where the company expects a fivefold increase in output to as much as 800,000 BOE/D.

Private Companies Permitted to Transport Refined Products in the Vibrant Mexican Market

Mexico's Energy Regulatory Commission, known by its Spanish acronym CRE, has granted the country's first permit to a private company, Invex, for the transportation of refined products in a pipeline. CRE sees this as the first step in enhancing the efficiency of the domestic fuel market.