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.
EnerMech has been awarded its first contract by Subsea 7 in the Australian oil and gas market. The mechanical engineering group will perform a range of subsea flowline and umbilical pre-commissioning on the Woodside-operated North West Shelf (NWS) Project’s Persephone project and North Rankin Complex in Western Australia.
Petrofac is set to build on its provision of integrated support services on the Cygnus gas field following the award of a four and a half-year contract extension.
The CI-GNL (Ivory Coast LNG) consortium led by Total has recently been awarded the rights to build and operate a liquefied natural gas (LNG) re-gasification terminal in Ivory Coast with a capacity of 3 million tons per year.
Ferguson Waterworks has acquired Underground Pipe & Valve Incorporated on November 14, 2016. Headquartered in South Bend, IN, Underground Pipe & Valve offers a full line of water and sewer products through its four locations in Indiana and Michigan.
Jacobs Engineering Group Inc. has recently received a contract from MEGlobal, a wholly-owned subsidiary of EQUATE Petrochemical Company and a specialist in the manufacture and supply of merchant monoethylene glycol and diethylene glycol, to provide engineering, procurement and construction management services for a new monoethylene glycol (MEG) manufacturing facility near Freeport, Texas.
Statoil, on behalf of the Trestakk license holders, awarded an EPCI contract to FMC Technologies and Technip Norge, and a topside contract to Aker Solutions, for deliveries to the Trestakk development.
Technip was awarded by Public Joint Stock Company (PJSC) Kazanorgsintez, a contract to provide engineering and procurement of three proprietary SMK™ grassroots furnaces at Kazan, Republic of Tatarstan, Russia.
Aker Solutions has been awarded the contract for upgrading the Mongstad terminal for Johan Sverdrup oil from late 2019. Its value estimated at NOK 350M, the contract includes engineering, procurement and the construction of a pig receiver for the oil export pipeline from Johan Sverdrup.
JGC Corporation has been awarded a lump-sum turn-key contract for the construction of a biomass power generation plant in Muroran City, Hokkaido planned by the Muroran Biomass Power Generation GK.
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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