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Trond Mohn and Marit Mohn Westlake are featured in the Sunday Times Rich List for 2017. The brother and sister owe much of their fortune to the cargo pumps industry.
Ranked at 76 on the run-down of the world’s wealthiest, Trond and sister Marit have moved up eight places from their 2006 position. The Sunday Times estimates the pair’s fortune at £1.62bn (€1.9 billion).
Much…
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Drive and control specialist Bosch Rexroth has published a new white paper outlining best practice in hydraulic fluid selection. The paper coincides with the release of the company’s Fluid Rating List, and restates the importance of choosing correctly rated fluids to optimise performance and safety in mobile applications.
“Operators and manufacturers must recognise the changing nature…
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Pipelines
Construction has begun in the Black Sea on the offshore section of the TurkStream gas pipeline.
Pipelaying is being carried out off the Russian coast by Audacia, a vessel owned by Allseas – the contractor responsible for the construction of both strings of the gas pipeline’s offshore section. The vessel will also be used for pipe pulling through microtunnels during the construction…
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Engie and the AES Corporation have entered into a partnership to market and sell liquefied natural gas (LNG) to third parties in Central America.
Central to the joint venture is the Costa Norte LNG terminal currently being constructed in Colón, Panama. Co-owned by AES and Inversiones Bahia, the completed Costa Norte terminal will have a total capacity of 1.5 million tonnes per annum. 25%…
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Pipelines
To overcome the challenges of onsite welding in the petrochemical industry, COB Industries has produced the PurgEye Site Weld Purge Monitor. The company claims the new guarded oxygen monitor is “virtually non-destructible”, and specifically designed for onsite conditions.
COB Industries said: “The PurgEye Site measures oxygen levels from 1,000 ppm, right down to 1 ppm (accurate…
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Armstrong Fluid Technology has introduced its new Compass H high efficiency wet rotor circulators, featuring advanced Design Envelope variable speed technology.
“The Compass H features a Quadratic Sensorless flow control algorithm that intelligently responds to system demand to consistently provide only the necessary flow,” said Andy Januszewski, Armstrong Marketing Manager.…
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Pipelines
Following a decision by the Federal Energy Regulatory Commission (FERC) to limit construction on the Rover pipeline, US gas futures have surged.
An order posted on 10 May has barred Energy Transfer Partners from carrying out any new drilling on certain sections of its new, $4.2 billion Rover pipeline. The limit comes after horizontal directional drilling (HDD) on the pipeline inadvertently led to…
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Access to the Chinese market for US LNG exporters could be set to improve, following the Mar-a-Lago summit between US President Donald Trump and China’s president Xi Jinping.
At the meeting to advance US –China economic cooperation in April 2017, the two leaders agreed on a 100 day action plan under the framework of the US-China Comprehensive Economic Dialogue. Initial commitments…
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Pipelines
The amount of water lost though pipe leaks by UK water companies has not fallen in four years, according to an article by the Guardian.
As fears of a drought rise in the UK following a particularly dry few months, the Guardian analysis observes that many companies in the particularly dry south and east of England have been set leak reduction targets of zero, or even targets that would actually…
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US pipeline infrastructure has expanded to allow oil produced in the Permian Basin to reach demand centres on the US Gulf Coast, according to the US Energy Information Administration (EIA).
Between 2010 and 2014 crude oil production in the Permian Basin, situated in southeast New Mexico and west Texas, increased significantly. By 2014 production levels had reached 1.5 million barrels per day,…
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Pipelines
The Minnesota Department of Commerce has released the draft environmental impact statement for the proposed Enbridge Line 3 pipeline project. A public comment period on the project has now opened, and will last until 10 July 2017.
Enbridge Energy is proposing to construct a new oil pipeline in Minnesota to replace its existing Line 3 pipeline. At $7.5 billion (€6.8 billion), the project is…
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Field equipment protection specialist Intertec has announced what it calls “a revolutionary advance” in antistatic surface coating treatment for its GRP (glassfibre reinforced polyester) outdoor enclosures.
Also boosting protection against ultraviolet radiation, the new coating treatment helps achieve extended maintenance-free lifecycles of field-based control and instrumentation…
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Pumps
Xylem’s Flygt Concertor eliminates clogging at Italian wastewater pumping station
As the wastewater sector continues to focus on driving energy efficiency and a reduction in the total cost of pump ownership, the demand for intelligent, sustainable pumping solutions has never been greater. Global water technology company Xylem is committed to advancing technological breakthroughs that can…
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Pipelines
The Pipestoppers division of British company Huntingdon Fusion Techniques has launched its new Accu-Freeze System, which will allow pipe repairs to be performed without having to shut down and drain the entire system.
According to HFT, Accu-Freeze will work on both metal and plastic pipes of diameter up to 12” (305mm). The system creates ice plugs on either side of the repair site without…
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San Diego, California based company Nikkiso has entered into an agreement to acquire the business and trademarks of Cryogenic Industries of Temecula, CA, USA and Cryogenics Industries of Basel, Switzerland.
Expected to close mid-2017, the acquisition agreement is subject to regulatory approvals.
“Cryogenic Industries’ culture of industry-leading innovation in cryogenic equipment,…
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Gazprom has signed three contracts with Chinese companies to conduct pre-development surveys with the intention of creating underground gas storage facilities in China’s Heilongkiang and Jiangsu provinces. They mark the latest developments in the cooperation between Gazprom and the Chinese gas market.
The announcement came after a roundtable on oil and gas cooperation was held by…
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Flowmeters
Badger Meter has announced the addition of a new product to its portfolio, the RCT1000 Coriolis mass flowmeter.
According to a press release from the company, the RCT1000 is ‘especially suited’ to the precise measurement of high viscosity fluids, aggressive media and contaminated fluids, as well as high density gases. Badger Meter states that these measurements can be obtained while…
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Pumps
Minneapolis based Wanner Engineering has introduced its new Q155 Series Quintuplex seal less pumps. The new pumps are designed for a range of applications including reverse osmosis in water and wastewater treatment, mine dewatering, salt water disposal, salt water injection, bulk transfer, hydraulic lift and steam generation.
Featuring a seal-less, multi-diaphragm design, the new Q155 pumps…
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