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 has established a new company, named Oliver Hydcovalves Ltd. This entity will focus on products that are required for hard-to-abate sectors to reduce their CO2 footprint.Oliver Valves says it intends to drive its decades of oil and gas valve know-how, coupled with R&D capability, into the green energy and emission abatement sector.
ReNew ELP, a UK-based advanced recycling company, has selected Emerson as its digital automation partner for its new plastics recycling plant in Teesside, North East England.
Perttu joins Severn with over 30 years of international executive and leadership experience. His expertise in implementing international growth strategies will be critical for Severn as we continue to develop our position as a global force in the valve and energy markets.
Val‐Matic offers a wide range of products for the wastewater industry. Quarter‐Turn Valves have flow path geometries that are optimized to provide exceptional flow control characteristics, ultra‐low headloss, and energy conservation.
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.
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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