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.

Perdaman awarded the EPC contract

Perdaman Chemicals and Fertilisers (Perdaman) has signed a binding Heads of Agreement with SNC-Lavalin for the EPC (Engineering, Procurement and Construction) work for its Urea Project in Western Australia.

Civil works started at Roma North gas development

Civil works have begun at Senex’s Roma North natural gas development in the Surat Basin following the award of the major construction contract.

WorleyParsons awarded a fabrication contract

WorleyParsons was awarded a fabrication and construction contract for the Pipestone Sour Gas Plant in Canada by Tidewater Midstream and Infrastructure Ltd (Tidewater).

Fluor bags contract for water treatment facility

Fluor Corporation (FLR) has been awarded an engineering, procurement and construction (EPC) management contract by Teck for the Fording River South Active Water Treatment Facility in the Elk Valley, British Columbia, Canada.

Rowan awarded a contract by Fieldwood

Rowan Companies plc (Rowan) has announced that the Rowan Reliance, an R-Class ultra-deepwater drillship, has been awarded a contract in the United States Gulf of Mexico by Fieldwood Energy LLC with a firm term of 1-year plus three 90-day options at then market rates.

Saipem awarded new EPC contract

Saipem, in consortium with Petrofac and Samsung, has been awarded a new Onshore E&C contract in Thailand for the expansion of the Sriracha refinery.

WSG acquires ATAM Group

ATAM Group has been acquired by WSG UK Ltd that has plans to expand in Great Yarmouth. WSG UK targeted the company for its research and development (R&D) record and to build its patented technology, products and software into WSG customer packages as part of the oil & gas industry’s cost-efficiency drive.

TechnipFMC bags a subsea contract

TechnipFMC (FTI) has been awarded a contract by an affiliate of ExxonMobil Corporation (XOM) for the engineering of the subsea system for the proposed Liza Phase 2 project.

Subsea 7 bags new work at VITO field

Subsea 7 has increased its planned activity in the Gulf of Mexico region with the award of a second construction contract for the Vito development.

McWane, Inc. has two new executive board members

Kevin Bense joins McWane, Inc. as Group President, Waterworks. Prior to joining McWane, Bense served for five years as President of A.

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.