Qatar Invests in US Midstream Crude firm
Qatar's sovereign wealth fund Qatar Investment Authority (QIA) has purchased a significant stake in US-based Oryx Midstream Services, the largest privately held crude midstream provider in the Permian Basin.The stake was acquired from an affiliate of Stonepeak Infrastructure Partners. Oryx serves clients in the Permian Basin.Additionally, QIA has pledged to invest in the development of Oryx alongside Stonepeak. The total investment by QIA will be $550m.Since its founding in 2013, Oryx has established itself as one of the leading midstream operators in the Permian Basin in the Southwest US. The Oryx system transports crude oil to market hubs for ultimate delivery to the Gulf Coast.The system helps supply domestic refineries and the growing US export market.
Boatswain’s Locker Distributes Fiat Powertrain
Fiat Powertrain Technologies of North America, Inc., (FPT NA), announced an agreement with Costa Mesa-based Boatswain’s Locker for the distribution and service of FPT commercial diesel marine engines and parts in California, Hawaii, and Western Mexico. “We chose to carry the FPT commercial line of diesel marine engines with outputs from 57 to 1300 HP for several reasons,” said Dan Gribble, CEO Boatswain’s Locker. Founded in 1939 in Newport Beach, California, Boatswain’s Locker provides sales and service of marine engine products for both recreational and commercial vessels for over 69 years. Boatswain’s Locker is the distributor for FPT…
Boatswain’s Open New Office
Abreu is certified as a Master Marine Mechanic for Mercury outboard and sterndrive engines. He also has experience with diesel engines, transmissions, generators, and a variety of other vessel systems. Founded in 1939 in , Boatswain’s Locker has provided sales and service of marine engine products for both recreational and commercial vessels for over 69 years. Boatswain’s Locker is the distributor for Yanmar Marine Diesel Engines, Kohler Marine Generators, Hamilton Waterjet Propulsion Systems, Velvet Drive Transmissions, ZF Transmissions, as well as commercial marine engines from Mitsubishi, Scania and Iveco for the Southwest U.S., , and Mexico.Boatswain’s Locker is also an Authorized Dealer for MerCruiser inboard and sterndrive marine engines. The new branch is located at Drive, .
