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Business news

Motion controls market: new insight

Shirly Zhu, Analyst, IHS Markit writes that, following a significant market decline in 2015, the global motion control market regained a concrete growth in 2016, totalling over US$10.8 billion hardware revenues, with more than 21 million units shipped.

 
 
 
 
 
 
 
 

TPG Growth to acquire Discovery Midstream

TPG Growth announced that it entered into a definitive agreement to acquire oil and gas gathering and processing company, Discovery Midstream.

 
 

Call for speakers launched at 2017 Subsea Asia

Subsea AsiaºÚÁÏÉç™s call for abstracts opens, with the identification of new opportunities and understanding regional challenges scheduled to be key themes at the show.

 

Persistently growing demand for Russian gas in Serbia

In light of SerbiaºÚÁÏÉç™s increasing natural gas demand, SerbiaºÚÁÏÉç™s President and RussiaºÚÁÏÉç™s Gazprom discussed the development prospects for SerbiaºÚÁÏÉç™s gas transmission capacities.

 
 

TAP welcomes new management team

Trans Adriatic Pipeline AG (TAP) has appointed Luca Schieppati as Managing Director and Walter Peeraer as President, effective June 2017.