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Equipment Sales & Service Limited recognized as Platinum Club winner of Canada’s Best Managed Companies

Equipment Sales & Service Limited (ESS) has been recognized for overall business performance and sustained growth with the prestigious Canada's Best Managed Companies designation. The 2018 Best Managed program award winners are among the best-in-class of Canadian owned and managed companies with revenues over $15 million demonstrating strategy, capability and commitment to achieve sustainable growth. Having achieved the Best Managed designation for seven consecutive years, ESS joins an elite group of companies that have attained Platinum Club status.

Now in its 25th year, Canada's Best Managed Companies is one of the country's leading business awards programs recognizing Canadian-owned and managed companies for innovative, world-class business practices. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the caliber of their management abilities and practices.

Michael and Peter Willis, Co-Executive Chairmen and owners of Equipment Sales, stated: "2017 was a challenging and rewarding year for our Company. We continued our focus on growth, both organically and through acquisition. We opened a branch in Quebec City which, together with our Montreal location, gives us a strong Quebec presence. We expanded our representation of Link-Belt Cranes into B.C. ESS also acquired Selix Equipment Inc., a successful distributor of drilling and foundation equipment that now represents a number of major product lines including Sandvik, Soilmec, GEAX and ICE. As importantly, we are securing our future as a family-owned business by implementing our succession plan as third generation family members take on leadership responsibilities as managers and Board members."

"Best Managed Platinum winners have exceptional insights and knowledge into business management practices. They are an inspiration and really take their game to a new level," said Peter Brown, Partner, Deloitte and Co-Leader, Canada's Best Managed Companies program.

Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2018 Best Managed companies share commonalities that include a clear strategy and vision, investment in capability and commitment to talent. 

Morgan Cronin, President of ESS, noted that: "It was a significant accomplishment to be awarded our first Best Managed designation in 2011. However, I believe it is even more difficult to retain that status.  We must constantly review and improve the way we do business including revisiting our strategies and how we deliver our product and services to our business partners. Achieving Platinum status is both a tremendous challenge and achievement. It is a reflection of our efforts to continuously improve and the dedicated people we have working at ESS who can translate plan into action. We are extremely proud of our Company and our team."

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Fluor Awarded Contract for Marathon Petroleum’s STAR Program at Galveston Bay Refinery

Fluor Corporation has announced that it was selected by a division of Marathon Petroleum Corporation (MPC) to execute the engineering and procurement scope for MPC's South Texas Asset Repositioning (STAR) program at its Galveston Bay refinery in Texas City, Texas. Fluor booked the undisclosed contract value into backlog in the first quarter of 2018. 

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Sponsored Content

Are all excavators the same?

Among the top brands, many believe all excavators are the same. But when you look closely, you can spot the small differences in design that add up to huge differences in productivity and efficiency — differences that can boost your profitability. 


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NETZSCH showcasing NOTOS Multiple Screw Pumps at 2018 Offshore Technology Conference

NETZSCH Pumps North America, LLC, has announced that they will be highlighting its NOTOS Multiple Screw Pumps at the Offshore Technology Conference (OTC 2018), which will be held April 30 - May 3, 2018 at NRG Park, in Houston, Texas. The pumps will be featured in the German Booth 3625-18 and in Brazilian pavilion at Booth 215-35. Ideal for pumping everything from light fuel oil to viscous asphalt, the NOTOS Multiple Screw Pump is an excellent choice for rail car and ship loading and offloading, as well as tank-to-tank transfer. 

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Drilling & Production
Software & IT

Landmark launches DecisionSpace software to improve production potential

Landmark launches DecisionSpace software to improve production potential

Landmark, a Halliburton business line, launched DecisionSpace Production Engineering and DecisionSpace Production Insights software to help operators better utilize data to reduce costs and unlock production potential. These offerings strengthen the DecisionSpace Production portfolio by adding analytical dashboards and production engineering capabilities. Both are integrated with economics and reservoir information to help solve production challenges quickly and cost-effectively.

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Perkins SmartCap earns Gold Edison Award for innovation

The Edison Awards, celebrating 31 years of honoring the best in innovation and excellence in the development of new products and services, announced that the Perkins SmartCap was voted a Gold Winner for innovation at the April 11 event at The Capitale in New York City. Being recognized with an Edison Award has become one of the highest accolades a company can receive in the name of innovation and business. The awards are named after Thomas Alva Edison (1847-1931) whose inventions, new product development methods and innovative achievements literally changed the world, garnered him 1,093 U.S. patents, and made him a household name around the world.

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Canada may supply a third of U.S. Gulf Coast heavy oil by 2020: IHS Markit

Canada may supply a third of U.S. Gulf Coast heavy oil by 2020: IHS Markit

Supplies of Canadian oil sands heavy crude are increasingly being refined on the U.S. Gulf Coast (USGC) and could top 1.2 million barrels per day (mbd) — a full one-third of the region's heavy oil refining market — by 2020, says a new report by business information provider IHS Markit. Current runs of Canadian crude in the USGC market are estimated to already be in excess of 800,000 barrels per day (bpd), the report says.

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Pipelines

Cat updates PL61 pipelayer with added safety and performance

Part of a full line of purpose-built Cat pipe layers, the updated PL61 delivers 40,000 lb (18 145 kg) of maximum load capacity. The new model retains its familiar comfort and easy maintenance features, with updates for added safety and performance. Easy 128-inch (3240 mm) transport width, combined with the experienced support of the Cat dealer network, means your pipe line equipment is available when and where you need it. 

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Pipelines

Ottawa must put its foot down on Trans Mountain: MEI

Ottawa must put its foot down on Trans Mountain: MEI

Kinder Morgan has announced it is suspending "non-essential" activities and investments for its Trans Mountain pipeline expansion project. This follows a series of abandoned large infrastructure projects in the country and once again sends the wrong message that Canada does not welcome investors, points out the Montreal Economic Institute, which is pushing Ottawa to act to stop the hemorrhaging. 

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Drilling & Production

Dow describes how biocides benefit fracturing operations

Without an effective microbial control program in place, an entire oil and gas operation can be at risk. Utilizing a tailored approach to microbe management can help prevent corrosion and hydrocarbon souring, while maximizing the value of your well. A new video from Dow Microbial Control explains how biocides help protect valuable assets from the harmful effects of bugs often found in the water-saturated environment of hydraulic fracturing.

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Software & IT

Quorum Software to acquire Entero

Quorum Software to acquire Entero

Quorum Software, the leader in digital transformation for the oil and gas industry, announced today that it has entered into a definitive agreement to acquire Calgary-based Entero Corporation, a trusted leader in energy software solutions for the upstream and midstream sectors. With over 125 customers throughout North America, Entero furthers Quorum's mission to invest in customer-oriented innovation and expand its comprehensive product portfolio to cover the energy value chain, from engineering to accounting and finance in upstream and across the full range of midstream processes through to distribution. This acquisition expands Quorum's 15-plus year presence and leadership in the Canadian Midstream segment by adding geo-specific and Upstream expertise and products, augmenting products such as myQuorum Land Canada.

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