Industry News

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.

Record year for Wirral valve manufacturer

WIRRAL valve manufacturer Heap & Partners has seen profits jump by more than 12% in the year to 31 March 2019. Birkenhead-based Heaps posted a record pre-tax profit of some £453,000, up from £403,000 in 2017/2018.

PGNiG acquires an interest in Duva gas field

PGNiG Upstream Norway has acquired 20% shares in the Duva field PL 636 and PL636B licenses from Wellesley Petroleum AS. First production is expected at the turn of 2020 and 2021.

Van Oord awarded a contract for Mozambique LNG project

Van Oord in consortium with TechnipFMC has been awarded a contract by Anadarko Moçambique Área 1, Lda, a wholly owned subsidiary of Anadarko Petroleum Corporation, for its Area 1 Mozambique Golfinho/Atum development.

Equinor awards contract for Johan Sverdrup phase 2

On behalf of the Johan Sverdrup license, Equinor is awarding the contract for subsea pipelines and associated marine operations in the second project phase to Subsea 7.

New EPC award from ENI in refining business in Angola

Maire Tecnimont S.p.A. announces that its subsidiary KT – Kinetics Technology was awarded an EPC (Engineering, Procurement, and Construction) contract from a subsidiary of ENI in Angola.

Emerson names Martin S. Craighead to Board of Directors

Martin S. Craighead, former chairman, president, and CEO of Baker Hughes, has been elected to Emerson’s board of directors, Chairman and Chief Executive Officer David N.

Tolomatic’s news RXS electric linear actuator

Tolomatic's new RSX press model (RSX096P) electric linear actuator increases the force range of the existing RSX product family to 40,000 lbf (178 kN) and is designed to be optimized for force in the extend direction.

DGI Doedijns to relocate at Zoetermeer

DGI Doedijns, located in Waddinxveen since March 2000, is moving to a new location in Zoetermeer. Together with sister company DGI Sypack, which already is located in Zoetermeer, it will enter new premises in the Dutch Innovation Park in Zoetermeer.

Eni awarded 2 exploration blocks offshore Ivory Coast

Eni has signed the contracts for two new exploration blocks in the eastern part of the sedimentary basin offshore Ivory Coast.

Petrobras awards EPCI contract to McDermott

McDermott International, Inc. announced the award of a significant contract by Petrobras for engineering, procurement, construction and installation of subsea risers and flowlines for the first phase of the Sepia field, located 174 miles (280 km) from the Rio de Janeiro coastline in Brazil.

Industry News

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.