Company News, Mergers and Acquisitions March 2009

March 2009 Vol. 236 No. 3

Atmos Energy Corporation has signed an agreement to further expand its deployment of the Sensus FlexNet advanced metering infrastructure (AMI) solution by adding another 55,000 smart meters to its regulated natural gas distribution system. The additional meters will be installed in several areas throughout Southern Louisiana. This installation adds to successful deployments in New Orleans and Monroe, LA, as well as in McKinney, TX. Some 5,000 of the meters to be deployed will be newly purchased and will be outfitted with SmartPoint transmitters. The remaining 50,000 meters will be retrofitted with SmartPoint transmitters.

Fluor Corporation has formed a dedicated business unit within its Upstream business line to address the specific needs of its global oil and gas clients in the offshore market. The entity will be known as Fluor Offshore Solutions and build off the company’s history of project execution on complex and remote offshore projects around the globe. The Fluor Offshore Solutions business unit will be headquartered in Fluor’s Sugar Land, TX, location. It will also have offices in Trinidad, Abu Dhabi and Manila and leverage Fluor’s global office network to offer execution capability around the world.

In other news, Fluor announced the relocation of its UK operations center to SEGRO’s IQ Farnborough development in Hampshire. Construction of the new campus is under way, with completion expected by mid-2010.

TDW India Limited (TDWIL), a wholly owned subsidiary of T.D. Williamson, recently broke ground on its new engineering and manufacturing facility in Vadodara (Baroda), Gujarat State, India.

According to Robert Morris, director of TDW Asia Pacific, India is slated to double its miles of pipeline within the next five years as it continues to expand its infrastructure. The Vadodara plant will provide close proximity to job sites as well as ease of equipment transport.

Aker Solutions has acquired the remaining 50% share in the German company WIRTH Maschinen- und Bohrgeräte- Fabrik GmbH (WIRTH), a supplier of drilling equipment. The company now holds 100% of the shares in WIRTH.