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.

WorleyParsons wins a new EPC contract

Chevron (China) Chemicals Co., Ltd has awarded WorleyParsons the engineering, procurement and construction (EPC) contract for the China Manufacturing Plant Project in Ningbo, Zhejiang Province, China.

Dr. Thorsten Pötter is new CDO at SAMSON

As of 1 January 2019, Dr. Thorsten Pötter will assume the position of Chief Digital Officer (CDO) at SAMSON AKTIENGESELLSCHAFT in Frankfurt, Germany.

McDermott awarded subsea umbilical contract

McDermott International, Inc., has received a contract from Shell Exploration and Production Company Inc., a subsidiary of Royal Dutch Shell (Shell) plc, for subsea umbilical and flowline installation at the Perdido development, located 230 miles south of Galveston, Texas, in the Gulf of Mexico.

TechnipFMC wins subsea contract

TechnipFMC (FTI) has been awarded a subsea installation contract by Chevron Australia, for the Gorgon Stage Two development, located offshore Western Australia.

ZFV Company’s new metal seated butterfly valve

ZFV Company has introduced a metal-to-metal seated butterfly valve. Comparing the concentric butterfly valve with rubber seat & PTFE seat valve, the metal-to-metal seated butterfly valve has more advantages.

Civeo announces award of four contracts

Civeo Corporation (Civeo) has been awarded contracts to supply accommodations for four locations along the Coastal GasLink pipeline project in British Colombia, Canada.

Danos awarded Shell contract

Danos has confirmed that Shell Exploration and Production Company, a subsidiary of Royal Dutch Shell, has awarded a contract to Danos to provide coatings for Shell’s deep-water Appomattox platform in the Gulf of Mexico.

Equinor awards NOK 30B services contracts

Equinor is awarding new service contracts to Baker Hughes Norge, Halliburton AS and Schlumberger Norge AS for integrated drilling and well services on most of the Equinor-operated fields on the Norwegian continental shelf.

Darco wins three contracts in China

Darco Water Technologies Limited has announced that its subsidiary, Wuhan Kaidi Water Services Co., Ltd. (WHKD) has been awarded three contracts which are collectively worth RMB 107.

Saipem awarded new onshore contract in Thailand

Saipem, in a Joint Venture with CTCI Corporation, has been awarded a new contract in the Onshore E&C sector in Thailand for an overall value of approximately USD 925M.

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.