MUNICH and BOSTON - In the companies' latest Alliance Board meeting, Bentley Systems and Siemens decided to further strengthen their strategic alliance. The two companies have decided to extend their existing agreement, to further develop their joint business cooperation and commercial initiatives. Therefore, the joint innovation investment program will be increased from the initial 50 million euros funding to 100 million euros.

DUBAI, United Arab Emirates - Weir Oil & Gas Dubai announced today it has signed multi-year contracts in Iraq with two international oil companies totaling more than $50 million.

The contracts secure the provision of Weir Oil & Gas workshop services and engineering support for an oil field and valve repair and maintenance services for another giant oil field, respectively.