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.

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.

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.

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.

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.

Primoris services awarded pipeline projects valued $81M

Primoris Services Corporation announced three new pipeline awards with a combined value of over USD 81M. The contracts were secured by Rockford Corporation and Primoris Pipeline, both a part of the Pipeline & Underground segment.

Terminal Gets Green Light from NSW Government

The NSW Government announced today that it has awarded Development Consent to AIE’s Port Kembla Gas Terminal (PKGT). The decision by the NSW Minister for Planning, Rob Stokes, comes after a thorough review of the Project’s Environmental Impact Statement (EIS).

Partners Group to acquire Norwegian’s CapeOmega

Partners Group, the global private markets investment manager, has agreed to acquire 100% of the equity in CapeOmega, an offshore infrastructure platform in Norway, on behalf of its clients.

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.