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.

Global Industries awarded Mexican pipeline project

Global Offshore Mexico S. de R.L. de C.V. has been selected by PEMEX Exploration and Production to update two large-diameter pipeline systems this month in Mexico's Bay of Campeche for a total contract value of approximately USD 40 million.

IdaTech sells fuel cell system for field tests

IdaTech has announced the delivery and successful testing of a 3kw fuel cell system for the Research and Development Division of Electricite de France (EDF).

Synergy Technologies targets fuel cell market

Synergy Technologies Corp. says it plans to enter the fuel cell market by "aggressively pursuing joint ventures and strategic partnerships".

Snamprogetti wins Saudi contract

Eni, through Snamprogetti, has won a turnkey contract for the construction at the Ras Tanura refinery of a new plant for the production of naphtha, LPG, kerosene and light and heavy diesel.

Halliburton Subsea awarded Shell contract

Halliburton Subsea, a division of Halliburton Company's Energy Services Group, has been awarded a contract for the transportation and installation of the steel tube umbilicals for Shell’s Nakika project in the Mississippi Canyon in the US Gulf of Mexico.

ABB awarded Jilin ethylbenzene plant expansion

ABB has been awarded an ethylbenzene (EB) plant expansion by Jilin Chemical Industrial Co., China.

Lockwood Greene Awarded Power Project

Lockwood Greene today announced the award of a contract to engineer, procure and construct (EPC) a power plant for Constellation Power Source in Brevard County, Florida.

Turkish oil company invests in oil fields

The Turkish Pet Oil company has invested USD 178 million in the exploration of the Kalamaddin-Mishovdag onshore fields in Azerbaijan, said the president of the company, Guntekin Koksal, in the opening ceremony of the Pet Oil's office, a subsidiary of Pet Holding, in Baku.

Jacobs awarded DSM project

Jacobs Engineering Group Inc. has won a contract from DSM Elastomers Americas to provide engineering, procurement, and construction management services for the Horizon 2020 plant modernisation at DSM’s plant in Addis, Louisiana.

Hydrogen storage venture

Shell Hydrogen, Hydro-Québec (HQ) and Gesellschaft für Elektrometallurgie (GfE) have announced plans to establish a joint venture for developing, manufacturing and marketing hydrogen storage products.