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Weir Oil & Gas wins contract in UAE
Aug. 25, 2020
Source: World Oil

Weir Oil & Gas wins contract in UAE

Weir Oil & Gas Dubai has signed a three-year agreement with a national oil company in the UAE. The contract secures the provision of Weir Oil & Gas Rotating Equipment services, machine shop services, emergency manufacturing and site works. This agreement could position Weir as a key provider for the client and allow Weir to expand its portfolio in the specific oil field.

Weir Group acquires mining tools firm
July 13, 2018
Source: Insider

Weir Group acquires mining tools firm

Weir Group yesterday completed the acquisition of mining tools firm, ESCO, in a deal amounting to $1.3 billion. The terms of the acquisition dictates that ESCO shareholders will be paid as a mix of 59% of the deal value in cash, and the remainder in shares. The Scottish company sees the move as part of shift to focus on opportunities in its core minerals and oil & gas sectors. weir-group-acquires-mining-tools-firm

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