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.

Halliburton receives service contract

Wintershall Norge AS has awarded a four-year service contract to support its exploration and development projects in Norway to Halliburton Norge AS.

McDermott Awarded Three Offshore EPCI Projects

McDermott International, Inc. has recently declared that it has been awarded three separate projects by a major national oil company for the integrated engineering, procurement, construction, and installation (EPCI) services in multiple fields in the Arabian Gulf.

NMDC to identify mineral potential areas

A MoU was signed recently between NMDC and ISRO's National Remote Sensing Centre opening up the possibilities for NMDC to use ISRO's technology for mineral exploration and a host of other related ventures.

ASCO’s 362/562 series valves with high flow rates

ASCO has introduced its ASCO 362 and 562 Series of brass and stainless steel spool valves in ¾-inch and 1-inch sizes featuring the industry’s highest flow rates.

Technip’s proprietary equipment to Korean refinery

Technip is awarded a contract by Daelim Industrial Company to provide proprietary equipment for the world’s first commercial HS-FCC™ unit.

Total , KOGAS cooperates on LNG value chain

Total has signed a MoU with Korea Gas Corporation (KOGAS) during the LNG 18 conference in Perth, Australia, to reinforce mutual cooperation to explore opportunities throughout the LNG value chain.

Metso’s performance oriented new valve controller

The Neles NDX® is Metso's latest addition to its valve controller offering. The new valve controller is suited for a wide range of customer applications, regardless of industry or the brand of valves being used.

Bibby Offshore gets first Norwegian contract Award

Bibby Offshore’s Norway division, Bibby Offshore AS, has secured its first contract in the region with ConocoPhillips Skandinavia.

MODEC awards Keppel FELS Brasil FPSO project


Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiary, Keppel FELS Brasil SA's BrasFELS shipyard has been awarded a FPSO module fabrication and integration project by its customer MODEC Offshore Production Systems Pte.

ASCO’s introduces integrated automation solutions

ASCO, the global manufacturer of comprehensive fluid automation solutions, has introduced ASCO Numatics Integrated Automation Solutions -- customized assemblies of electrical and pneumatic components designed to meet specific customer needs.

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.