HPInformer: HPInformer, North America edition
AspenTech, Houston, Texas, has acquired IISYS, Inc., including its ADVISOR product line that is a leader in yield accounting technology for the process industries. Yield accounting is the process o..
HPInformer: HPInformer, International edition
ABB, Oslo, Norway, has acquired August Systems, Crawley, England, from American Manufacturing Corp. August Systems is a leading provider of triple modular redundancy (TMR) industrial safety systems fo..
HP Construction: HPIn Construction
Raytheon wins contract worth $138 million Raytheon Engineers & Constructors has been awarded a contract worth $138 million from the Norwegian state-owned oil company (Statoil) to upgrade and expand..
HP In Brief: HPIn Brief
The industry needs to refine its image, says Brent Bahler of Citizens for a Sound Economy, speaking at the NPRA Annual Meeting, San Francisco, California, March 15 17, 1998. According to his in..
HP Impact: HPImpact: Western Europe's product capacities, global competitiveness under review
In the latest "Activity Review 1996 1997," the Association of Petrochemicals Producers in Europe (APPE) stresses the need to continuously raise the competitiveness of the Western European petro..
HP Impact: HPImpact: Oil and gas production operations boost 1996 net income of majors
Net income of two dozen major U.S. energy companies* was a record $32.0 billion in 1996, with overall profitability reaching the highest level since the oil price escalations of 1979-1981, according t..
HP Impact: HPImpact: Poland, Baltic states lead fuel market ‘boom' in Eastern Europe
At least fifteen major international oil companies are vying for supremacy in a region that is "just beginning to come to grips with the difficulties inherent in a market economy," reports market rese..
HP Impact: HPImpact: How to tap a plant's hidden capacities
While sometimes spending major capital is the only way to achieve a business goal, "many times the existing plant has hidden capacity that can be tapped more quickly and less costly than large expansi..
HP Impact: HPImpact: Strong long-term oil fundamentals forecast; prices to rebound
Analysts with market research firm Raymond James & Assoc. predict "extremely strong" intermediate and longer-term fundamentals of oil. According to its recent industry report, the firm expects a rebou..
HP Impact: HPImpact: Project to develop standard for flanges
A new joint industry project at British Hydromechanics Research (BHR) Group, Bedfordshire, England, promises significant cost savings for oil, process and marine construction. The aim is to develop a ..
HP Impact: HPImpact: What helps make an alliance successful?
Researchers have found no discernible correlation between capital project success or failure relative to whether the project is executed in an alliance environment or not. A study by Pathfinder, Inc.,..