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Moves by Jeb Bush add to talk of 2016 candidacy

WASHINGTON — Jeb Bush's decision to release a policy-laden e-book and all his emails from his time as governor of Florida has further stoked expectations among his allies that he will launch a presidential bid.

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Ebby Halliday acquires Fort Worth’s Williams Trew

Williams Trew Real Estate of Fort Worth has been acquired by Dallas-based residential real estate brokerage Ebby Halliday Real Estate Inc.

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Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

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Cousins Properties to sell 777 Main tower in downtown Fort Worth

Cousins Properties Inc. has confirmed plans to sell the 777 Main office tower in downtown Fort Worth, according to a news release from the Atlanta-based real estate investment firm.

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Glen Garden sale closes, distillery on tap

Firestone & Robertson Distilling Co. closed late Wednesday on its purchase of the historic Glen Garden Country Club in southeast Fort Worth, with plans to convert it into a whiskey distillery and bucolic visitor attraction.

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Weir, Rolls-Royce unit to develop fracking technology
A. Lee Graham

Reporter

Weir Oil & Gas and the Rolls-Royce Power Systems company MTU have signed an agreement to develop a power system specifically engineered for hydraulic fracturing, the leading process used in oil and natural gas drilling.

“Our teams are working to develop fully integrated purpose-built power systems for fracking,” said Steve Noon, Weir’s divisional managing director, commenting in a news release.

“It is something the industry has asked for and we are determined to deliver,” Noon said.

Weir manufacturers hydraulic fracturing pumps, and MTU is specializes in heavy-duty industrial diesel engines.

The power system will be used for hydraulic fracking operations during the well completion stage of shale oil and gas projects.

The agreement was announced on Wednesday May 7 at the Offshore Technology Conference in Houston, with the fully integrated power system expected to be available to customers in mid-2015.

The agreement outlines the companies’ plans to work together in addressing market need for more reliable and continuous duty equipment. A team of engineers is concentrating on optimizing the interface of the three most critical components – the engine, transmission and fracturing pump – to truly work as one system. Further, the complete packaged power system will utilize smart controls that provide conditioned monitoring and optimized performance for the operator.

Dr. Michael Haidinger, chief sales officer of Rolls-Royce Power Systems, said both companies have a long history of producing and supporting reliable and safe products specifically for use in harsh fracturing environments.

“Together, we are taking a completely integrated approach to designing a pumping power system that addresses the challenges faced by frack site operators,” Haidinger said.

Weir Oil & Gas, a division of The Weir Group PLC, supplies pressure-pumping equipment to the North American upstream oil and gas market. It also provides products and service solutions to oil and gas customers in production, transportation, refining and related industries.

MTU, a brand of Rolls-Royce Power Systems AG, manufacturers high-speed engines and propulsion systems provide power for marine, rail, power generation, oil and gas, agriculture, mining, construction and industrial, and defense applications.

lgraham@bizpress.net

 

 

 

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