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.
DOF Subsea has secured 2 contracts totaling more than 160 vessel days for Skandi Seven and Skandi Skansen in Africa. Skandi Seven has commenced operations for a repeat international energy company in Angola, delivering integrated FSV services, project management & engineering.
Northwest Pipe Company (NWPX), the engineered welded steel pipe products for the water transmission market, was selected by Oscar Renda Contracting to supply pipe for Reach 4C through Reach 8 of the Navajo-Gallup Water Supply Project.
TechnipFMC has been awarded a significant contract by PetroVietnam Gas for the Engineering, Procurement and Construction (EPC) of the Nam Con Son 2 Phase 2 pipeline across Nam Con Son basin and Cuu Long basin in Vietnam.
Wintershall Dea farms down a 30% participating interest in its three Potiguar offshore exploration blocks POT-M-857, POT-M-863 and POT-M-865 to the subsidiary of Murphy Oil Corporation in Brazil - Murphy Brasil Exploração e Produção de Petróleo e Gás Ltda.
Subsea 7 announced the award of a sizeable contract by Shell for the Pierce depressurisation project, located approximately 160 miles offshore, east of Aberdeen.
Vår Energi AS has awarded a contract covering engineering, procurement, construction and instalment (EPCI) of subsea systems (SPS/SURF) for the Balder X project to a consortium of the companies Baker Hughes, a GE company (BHGE) and Ocean Installer AS.
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 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 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.
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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