WorleyParsons is buying the energy arm of Jacobs Engineering. The transaction will bring complementary capabilities in key business lines, including a best-in-class onshore and downstream MMO (maintenance, modifications and operations) capability, allowing customers to benefit from an expanded integrated solutions offering.
The agreement with the company from Texas, expected to complete in the first half of 2019, will see WorleyParsons emerge with revenue of $A9.2 billion, up from $A4.7 billion, and with 57,600 staff, up from 26,700.
Wartsila reported lower than expected quarterly profit and orders and downgraded the demand outlook for its services division, sending its shares down 9 percent. Services account for almost half of the company’s revenue and Wartsila service orders from the marine sector have been slow to pick up as the global shipbuilding industry recovers from a lengthy downturn. In addition, Wartsila said its power plant business was hit by postponed investment decisions by clients uncertain about the global environment due to ongoing trade disputes.
Maintenance Contracting: Groupe Delom, a Canadian maintenance services contractor for process and heavy industries, including hydroelectric, wind and nuclear power, mining, pulp and paper, petrochemical,s aluminum smelting, and rail and marine with more than 350 people was sold to Wajax, an industrial products and services provider.
October 17, 2018 – Toronto-based industrial products and services provider Wajax Corporation has acquired all of the Montreal-based Groupe Delom Inc....
Industrial Equipment: Sulzer and Nidec announce a distributor agreement (sales and services) for Nidec’s medium voltage drives for North America focused on oil and gas. Sulzer said its extensive network of service centers throughout the region will provide expert, local support from one of the world’s leading independent repair specialists of electromechanical equipment.
As part of a growing portfolio of services, Sulzer has signed an agreement with Nidec Industrial Solutions to offer Nidec’s drives and offer maintenance services. Sulzer said its extensive network of service centers throughout North America will provide expert, local support from one of the world’s leading independent repair specialists of electromechanical equipment. Nidec Industrial …
MRO: A number of East African airlines seeking salvation through services. For market positioning enter partnerships with Rolls Royce, GE and Boeing.
PLC, the Italian clean energy group, will acquire a majority stake in the operations and maintenance (O&M) arm of Romanian renewables and water company Monsson Group.
Read Italian firm buys 51% of Romanian servicing and other wind energy news & analysis on Windpower Monthly
US Navy to extend use of 3D Printing for aircraft parts, plans to modify complex logistics chains and optimization methodologies
Technological advances in production and distribution can strengthen the Navy and Marine Corps aviation parts supply chain, say the services top flyers.
GKN Aerospace opens new 3D Printing repair facility in Malaysia. The repair facility new site will be the company’s first of its kind in the Asia-Pacific region, with a focus on the application of 3D printing in repair. It will begin operations with servicing high-bypass turbofan aircraft engine components and plans to employ 300 people by 2020.
22shares2200GKN Aerospace, a British aerospace supplier, has opened an aerospace-engine research and repair facility in Johor, Malaysia. The new site will be the company’s first of its kind facility i
Lufthansa Technik, in collaboration with Oerlikon, launches 3D Printing Center for Aircraft MRO
Lufthansa Technik, a supplier of maintenance, repair and overhaul services (MRO) for aircraft and engines, has opened an Additive Manufacturing Center. The new center will enable the company to expand and accelerate its use of 3D printing for its services and leverage the benefits the technology offers. The AM Center, which will operate under the Product Divisions Engines and Components, will emphasize collaboration and will be based on the existing competencies that Lufthansa Technik has established with additive manufacturing. “The…
Oil and gas operations: Technology in oil and gas operations, including big data, automation and AI, remote monitoring, drones and blockchain
Digital disruption has infiltrated the offshore industry. How does Big Data in oil and gas, predictive analytics, the blockchain and AI improve efficiency?
Windpower and Renewables
WindEnergy Hamburg Expo focuses mainly on O&M Services
October 16 (Renewables Now) - Last month, the wind energy sector descended on Hamburg, Germany for the 2018 edition of the WindEnergy Hamburg Expo. Alex Pu
Siemens-Gamesa wins 900 MW windpower contract in Taiwan: 112 turbines, including O&M services
Siemens Gamesa Named Preferred Supplier for rsteds 900 MW Greater Changhua Offshore Wind Power Projects in Taiwan - Siemens Industry - Digital Factory - Machine Tool Systems
Join the Community
We are building a community of service in industry professionals -business leaders, management practitioners, digitization experts, technical experts, innovators, technologists, consultants, academics, and investors.
Join our community to receive articles, briefings, guides, news analysis and more.