Negotiations Between Sulzer and Weir Discontinued

The Pipe Flanges market is expected to experience substantial growth in the coming years, with a projected value of US$ 4,621.5 million in 2023. This market is anticipated to achieve a CAGR of 4.1% during the forecast period, reaching a valuation exceeding US$ 6,907.0 million by 2033.

Global demand for essential products like water, gas and oil is growing, which means that pipelines and processing plants such as pressure vessels are getting bigger. To ensure continuity of supply and minimise downtime, maintenance teams need to gain safe and rapid access to critical plants that require servicing or repair.

With its third company acquisition in just over two years, marine pump specialist Svanehøj continues to expand its service solution business. This time by taking over California-based Complete Cryogenic Services, a specialist in service and overhaul of submerged pumps on LNG tankers.

Elliot Group, a wholly owned subsidiary of EBARA CORPORATION, is pleased to announce the opening of Elliott Gas Services Saudi Arabia, which is the product of a joint venture between Elliott and GAS Arabian Services. EGSSA, which was formed in 2011, identified the need for an in-country facility to service and repair turbomachinery.

Amarinth has secured an order from Azku Global Services for $200K of API 610 OH1 pumps destined for the Iraqi Ministry of Oil operated Majnoon Oil Field. This is Amarinth’s first order from Azku Global Services and comes off the back of numerous projects that Amarinth has successfully delivered into Iraq.

Amarinth has won an order from ADNOC for API 685 OH2 and VS4 Magnetic Drive pumps that will be used on the Ruwais NGL trains, United Arab Emirates.