Industry News

What’s happening and hot in the valve and actuation industry? Mergers and acquisitions, promotions, interesting development in end-user sectors, new project deals and so on.

BSS appoints new managing director

The heating, ventilation and pipeline distributor BSS has announced the appointment of a new managing director.

Faeroese oil find

On the Faeroe Islands expectations of having an oil industry in future are growing after a new discovery in the British sector of the sea area. -

Egypt-Libya pipelines

Egypt and Lybia are studying co-operation between the two countries to set up joint ventures in the fields of oil and gas industries.

Petrochemical award for Technip

Technip-Coflexip has been awarded by CNOOC and Shell Petrochemicals Company Ltd an EPC contract for a SM/PO and MPG/Polyols complex at Huizhou, Guandong Province, in southern China.

Saudi gas project in the balance

Saudi Arabia is unhappy with the latest responses from oil majors on three core ventures in its multi-billion-dollar gas initiative but has left the door open for further consultations.

Qatar to supply LNG to Philippines?

Energy Secretary Vincent S. Perez has revealed that Qatar has expressed keen interest to supply liquefied natural gas (LNG) to the Philippines in the near future.

FWC to build petrochem plant in China

Foster Wheeler Ltd has announced that its UK subsidiary has won the contract for the front-end loading and engineering package (FEEP) development for a world-scale integrated isocyanates complex in China.

Natural gas field found in Indonesia

Government-affiliated oil exploration company INPEX Corp. has discovered a massive natural-gas field off Indonesia.

Smith Flow appointment

Mike Fynes has been appointed Sales and Marketing Manager at Smith Flow Control Ltd.

Horizon wins SE Asia contract

Horizon Marine Construction Ltd, a subsidiary of Horizon Offshore Inc., has been awarded a contract by Brunei Shell Petroleum Company Sdn. Bhd (BSP) to perform several installations off the coast of Brunei, beginning the second quarter of 2003.