Industry news in the valve and actuation sector serves as a vital information reservoir that keeps various stakeholders — including manufacturers, distributors, end-users, and industry analysts — abreast of the latest developments, innovations, and trends shaping the landscape.
The industry news category within the valve and actuation sector encompasses a wide array of updates including technological advancements, market trends, regulatory changes, project announcements, and organizational developments among others. This category is quintessential in helping professionals navigate the dynamic and competitive environment of the valve and actuation industry.
Oliver Valves recognises that those industrial sectors that are now identified as “hard to abate” i.e., where switching to less environmentally impactful operations is not possible or extremely difficult; will need to adopt alternative, high-density fuel sources such as Hydrogen, and/or invest in technologies that capture the greenhouse emissions from their activities.
Global Engineering and Construction (Global E&C), Scotland’s engineering, procurement, and construction (EPC) contractors to the energy industry, has secured a contract with Ithaca Energy (Ithaca) in the UKCS.
Chevron Corporation (CVX) issued an updated climate change resilience report that further details the company’s ambition to advance our lower-carbon future.
Equinor has awarded COSL Offshore Management AS a contract to drill four wells on Statfjord Øst with the COSLPromoter rig from the spring of 2023.The contract value is calculated at around USD 56M for the fixed part of the contract, which has an estimated duration of 220 days.The value includes drilling and completion services, fuel, treatment of wastewater, handling of cuttings and upgrading of the rig by installing an automatic drilling control system.
McDermott has won its fourth contract in India in 2021, a key award from Chennai Petroleum Corporation Limited for project management consultancy (PMC) and engineering, procurement, and construction management (EPCM) consultancy services for Package 2 of the Cauvery Basin Refinery Project in Nagapattinam, Tamil Nadu, India."This award demonstrates our strategic commitment to support India's domestic energy goals and to broaden our portfolio with PMC services," said Samik Mukherjee, McDermott's Executive Vice President and Chief Operating Officer.
Blind flanges on pipelines around the globe could be costing millions in unnecessary downtime, according to flow control experts at Celeros Flow Technology.Carla Connolly, Global Sales Director for the company’s pipeline access brands, says: “Blind flanges are often fitted on pressure vessels and pipelines because they provide lower cost on capital investment at the initial construction phase.
CIRCOR International, Inc., a manufacturer, and marketer of differentiated technology products and sub-systems announces that CIRCOR Pipeline Engineering LLC supplied a Houston customer with a 48” ASME U-Stamp large ROC closure for a 48” gas filter vessel.In January 2021, CIRCOR Pipeline Engineering LLC in Houston Texas was approached by a new customer to produce and deliver a 48” ASME U-Stamp large ROC closure for a 48” gas filter vessel, which they needed in 10 weeks at their facility for welding to the filter vessel.The order would be placed on Pipeline Engineering LLC, Houston but would be built and delivered from Pipeline Engineering Catterick UK, this would be a faster delivery than any subsequent order for a ROC of this size.
Genebre, the leading company and world reference in fluid control and high-quality taps, which this year celebrates its 40th anniversary, presents a new static balancing valve.The new valve, Reference 3074, is one of the outstanding novelties of the 2021 Catalog of the Genebre Hydro Sanitary Line.Balancing valves are hydraulic devices that regulate and balance the fluid flow in heating and cooling installations with high precision and are very useful to provide a more uniform temperature distribution in equipment with many terminals such as hotels, hospitals, schools, etc.The static balancing valve can be installed in any vertical or horizontal pipeline.
In the ever-evolving landscape of the valve and actuation industry, the role of timely and comprehensive industry news cannot be overstated. Serving as the nexus of vital information, industry news acts as a guiding beacon for stakeholders at every level, offering insights into market trends, technological advancements, and regulatory shifts that shape the industry’s trajectory. From unveiling innovative product launches to analyzing market dynamics and spotlighting seminal projects, industry news is an indispensable tool in navigating the complex and dynamic world of valve and actuation technology. As industries transition towards a future marked by digitalization and sustainability, staying updated with the latest industry news ensures that professionals remain at the forefront of developments, fostering growth, innovation, and collaboration in a sector central to modern infrastructure and technology.
The industry news category serves as a central hub that amalgamates various types of information critical to the valve and actuation industry. It fosters a well-informed community, promotes knowledge sharing, and facilitates strategic decision-making, thus playing a pivotal role in steering the industry towards growth and innovation. Keeping abreast of industry news helps stakeholders adapt to the rapidly evolving industry landscape and seize emerging opportunities.
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