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.

TechnipFMC awarded contract by Woodside

TechnipFMC (FTI) has been awarded a contract by Woodside to upgrade the Pluto Platform Offshore for water treatment, located offshore Western Australia.

Bibby Offshore bags a Spirit Energy contract

Bibby Offshore has secured a fixed term framework agreement with Spirit Energy. Awarded in April, the two-year agreement, which follows on from a previous five-year agreement, will see Bibby Offshore carry out inspection repair and maintenance (IRM) works, ROV inspection and subsea survey operations across a number of North Sea structures and pipelines.

Maersk Drilling, Aqualis Offshore sign contract

Maersk Drilling AS has awarded Aqualis Offshore UK Ltd a global framework agreement for the delivery of offshore consultancy services and specific supplier personnel services.

MDR to perform diving scope for SAPREF refinery

McDermott International, Inc. (MDR) was awarded a sizeable contract to remove and replace a single 24 inch (61 centimeters) subsea hose string to a single buoy mooring (SBM) and pipeline end manifold (PLEM) for Southern Africa’s largest crude oil refinery operated by SAPREF.

Eni awarded new participating interest

Eni has been awarded 100% participating interest in the East Ganal deepwater exploration block in the Kutei Basin, in Indonesia.

Oando PLC awarded EPC mandate

A two party consortium consisting of Oando PLC (Oando), in conjunction with its midstream affiliate, Axxela Limited (Axxela) and Oilserv Limited, has been awarded the EPC mandate for the Ajaokuta – Abuja portion (Lot 1).

SUEZ expands its activity in Vietnam

SUEZ was awarded the contract by the local water authority HAWASUCO to supply sanitation services to Vi Thanh, the capital of Vietnam’s southern province of Hau Giang.

Saipem bags new contracts in offshore drilling

Saipem has been awarded new contracts in offshore drilling involving the sixth-generation semi-submersible rig Scarabeo 8, suitable for harsh environments.

Xylem recognized at awards

Xylem (XYL) was named the Water Technology Company of the Year at the 2018 Global Water Awards. The accolade is presented to the company that made the most significant contribution to the field of water technology in 2017.

Subsea 7 awarded offshore contract by MPN

Subsea 7 S.A. (SUBC7) has announced the award of a substantial contract by Mobil Producing Nigeria Unlimited (MPN) for the Production Uplift Pipeline Projects (PUPP) in shallow water, offshore Nigeria.

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.