Industry News

What’s happening and hot in the valve and actuation industry? Mergers and acquisitions, promotions, interesting development in end-user sectors, new project deals and so on.

Eni seeks licence for carbon storage in the North Sea

Eni UK, part of Italian utility Eni (ENI.MI), has submitted an application for a carbon storage licence for a depleted gas field in Britain's North Sea

Parker Hannifin completes acquisition of Meggitt PLC

Parker-Hannifin Corp. has completed its acquisition of aerospace and defense components manufacturer Meggitt PLC for approximately GBP 6.3bn.

Oceaneering finalists for 2 energy industry awards

Oceaneering International announces that two of its solutions are finalists for two energy industry awards, the World Oil and Pipeline and Gas Journal Awards.

Eni acquires BP’s business in Algeria

Eni announces that it has agreed to acquire BP business in Algeria, including the two gas-producing concessions “In Amenas” and “In Salah” (45.89% and 33.15% working interest respectively).

BPS acquires Producers Supply Company in PA

BPS Supply Group (BPS) — a California-based distributor of pipes, valves, and other industrial supplies — announced its acquisition of Producers Supply Company (PSC).

VDMA Valves elects new board

In addition to the present difficult global economic conditions, the trend topics of digitalization and sustainability continue to be the focus of the valve industry.

PCE Benelux, the distributor of Oliver Valves products

PCE Benelux is proud to announce that they are now the official distributor of Oliver Valves products across the Benelux region.

Flomatic appoints a new Territory Sales Manager

Flomatic Corporation is pleased to announce the appointment of Blake Sargent as its Southwestern Territory Representative.

Flowserve appoints Ken Siegel to its Board of Directors

Flowserve Corporation board of directors have elected Ken Siegel as an independent director and a member of the Audit Committee and Finance and Risk Committee of the board.

Emerson opens gas analysis solutions center

Emerson has announced the opening of a facility in Cumbernauld, Scotland, equipped with engineering, development and manufacturing resources for sensor, mechanical, electronics and software design for the company’s gas analysis portfolio.