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.

CMD obtains approval for oxygen service

CMD produces gaskets and seals in graphite, which are used across various industries in Europe. Approvals, awards, with related certificates, have been obtained over the years to meet the requirements of the most demanding specifications: API Standard 622, ISO 15848, Shell MESC 77/300, TA Luft, Fire Safe and others.

Statoil awards Johan Sverdrup recovery contract

Statoil has awarded a contract to Alcatel Submarine Networks for Permanent reservoir monitoring (PRM) on the Johan Sverdrup field.

Statoil renews MMT’s frame agreement

Statoil has renewed and expanded MMT’s frame agreement. The successful co-operation between Reach Subsea and MMT Sweden has resulted in a new frame agreement covering both survey and light construction for the next three years.

McIIvaine discuss role of IIoT in valve industry

The McIIvaine informs the infiltration of IIoT and remote O&M into the valve industry will profoundly impact the purchasing approach of plant owners.

Maersk Drilling, Tullow Ghana signs a contract

Maersk Drilling has been awarded a four year contract for the deep-water drillship Maersk Venturer by Tullow Ghana Ltd. The contract, which was signed in December 2017, is expected to commence in February 2018 and covers development drilling on the Jubilee and TEN fields offshore Ghana.

TechnipFMC wins iEPCI contract

TechnipFMC has been awarded an integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract from VNG Norge AS.

Wood, Discovery DJ Services work together

Wood is providing construction and project management services to Discovery DJ Services across a multi-phase installation of an oil & gas gathering system, and natural gas and liquid processing facility in the Niobrara shale region (DJ Basin) of Colorado.

McWane at FEF Conference

On November 16-17, several team members from the Valve and Hydrant Group represented McWane at the 2017 Foundry Educational Foundation (FEF) College Industry Conference in Chicago.

Fluor awarded EPC contract

Fluor Corporation (FLR) has been awarded an engineering, procurement and construction management contract by Vopak Terminal Durban (Pty) Ltd.

Statoil submits Johan Castberg PDO

Statoil has submitted the PDO (plan for development and operation) for the Johan Castberg project on behalf of the partnership with Eni and Petoro.

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.