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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.

AGSL to support Australian oil and gas supermajor

Asset Guardian Solutions Ltd (AGSL), specialising in protecting companies’ process control software assets was awarded a second contract by an oil and gas supermajor in Perth, Western Australia.

AGSL will provide the Asset Guardian toolset with a secure repository to store back-up software files and associated data for easy access in the event of a software-related production system failure.

Wood Group wins PetroRio contract in Brazil

Wood Group has been awarded a new contract by PetroRio to deliver services to the Polvo A platform, in the southern Campos basin, approximately 100 kilometres off the coast of Rio de Janeiro. Integrated operations and maintenance services will be provided by Wood Group PSN under the two year contract.

HOERBIGER acquires Newson Gale

HOERBIGER Group, headquartered in Zug, Switzerland, acquired Newson Gale, Nottingham, United Kingdom. The majority of shares this privately owned business has been held by the founder Ernest Kochmann and his family, while a minority of shares has been owned by its CEO, Graham Tyers.

Wärtsilä fuel solution chosen for 15 LNG barges

A series of 15 inland waterway barges are being built for Belgium based Plouvier Transport N.V. They and which will be chartered by Shell Trading Rotterdam (Shell), are to be powered by Wärtsilä dual-fuel main engines.

Clough AMEC wins brownfield services contract

Clough Limited has announced that Clough AMEC has been awarded a new three-year contract with ConocoPhillips in Australia, to provide asset support, operations and maintenance services to the Bayu-Undan offshore field development, located in the Timor Sea.

StoneL announces wireless technology

StoneL®, one of the leaders in valve communication and control, has announced wireless technology that enables users to remotely set limit switches, operates solenoids (if unlocked) check diagnostic parameters, and store tag and automated valve information.

Habonim’s COMPACT™ line just got stronger!

The COMPACT™ CThe COMPACT™ C90M90M is another breakthrough in small-footprint valve automation.

McDermott and LTHE awarded a contract

McDermott International, Inc. has announced that a consortium of McDermott and L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Indian conglomerate Larsen & Toubro, was awarded a contract covering the engineering, procurement, construction and installation of major subsea field infrastructure for the Vashishta and S1 Development Project, a greenfield deepwater development off India’s East coast.

Hillenbrand to acquire Red valve

Hillenbrand, Inc. has entered into a definitive agreement to acquire Red Valve Company, Inc. for USD 131.9M in cash, including USD 3.3M for related real estate. The transaction is expected to close within 30 days, upon receipt of regulatory approval.

AGI Industries to represent TX based company

AGI Industries has announced its agreement to represent Irving, TX based Scorpion Environmental Systems, Inc. for the states of Texas, Oklahoma, Louisiana and New Mexico.

Scorpion Environmental Systems is a provider of BTEX Systems and Vapor Recovery Units (VRUs).

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.