Aker Kvaerner ASA,
Oslo, has changed its name to Aker Solutions ASA. The company will is now listed under the new ticker “AKSO.” In addition, Aker Solutions has consolidated its Maintenance, Modification, and Operations and Field Development business areas into a new business area, Energy Development & Services, effective from first quarter 2008. The reorganization sets off a process that will decide the company’s new structure, business streams, and new management. The new model is expected to be fully operational effective January 1, 2009.
Aker Solutions is a leading global provider of engineering and construction services, technology products, and integrated solutions to the oil and gas, refining and chemicals, mining and metals, and power generation industries.
Merichem Chemicals & Refinery Services LLC,
Houston, has promoted R. Scott Alvis to manager of corporate marketing. He has more than 20 years experience in sales to the process industries, including refining, gas processing, and chemicals manufacturing.
Merichem Chemicals & Refinery Services, a wholly owned subsidiary of Merichem Co., provides a diversified portfolio of products and services for petroleum refining, gas processing, chemical and petrochemical, pulp and paper, and wood treatment and preservatives industries, as well as an expansive offering of process technologies for the treatment of hydrocarbon streams.
T-3 Energy Services Inc.,
Houston, entered into a know-how license and technical services agreement with Aswan International Engineering Co. LLC, a member of the Al Shirawi Group. Aswan is located in Dubai and provides various services that include manufacturing, repair, and remanufacturing of oil field products used by its customers operating in the Persian Gulf and elsewhere in the Middle East. Under the terms of the agreement, Aswan will obtain from T-3 Energy technical know-how in order to repair, manufacture, and remanufacture T-3 Energy’s licensed products in the UAE. In addition, the agreement provides Aswan the ability to resupply T-3 Energy’s licensed products to the combined customer base located throughout the Middle East, including but not limited to Dubai, UAE, Oman, Qatar, Bahrain, and Kuwait. The licensed products include substantially all of T-3 Energy’s products. The initial term of the agreement is for 5 years. The agreement solidifies a manufacturing and aftermarket presence for T-3 Energy products in the Middle East.
T-3 Energy provides a broad range of oil field products and services mainly related to drilling and completion, workovers, and production and transportation of oil and gas.
