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.
Wood Group has been awarded a five-year contract with an estimated value of USD 750M from BP. Under the contract, Wood Group PSN (WGPSN) will deliver engineering, procurement and construction services to six UK continental shelf (UKCS) offshore upstream assets and the Forties Pipeline System (FPS) onshore midstream facilities in Grangemouth.
SBM Offshore announced that it is in the process of releasing approximately 600 contractor staff and an equal number of permanent staff, totalling approximately 1,200 positions worldwide, over the period 2014 and 2015.
Stratex Oil & Gas Holdings announced that Richfield Oil & Gas Company (Richfield) became a wholly-owned subsidiary of Stratex, and all outstanding shares of Richfield common stock are to be exchanged for an equal number of shares of the company's common stock.
MacArtney UK announced the acquisition of Callidus Subsea, an industrial cable moulding and assembly company based in Ellon, Aberdeenshire. The acquisition of Callidus follows a sustained spell of growth and record breaking results for the Aberdeen-based MacArtney operation.
W&O announced that the United States Coast Guard (USCG) has issued an acceptance letter for its PYPLOK® mechanical fittings, a Tube-Mac® Piping Technologies product line, approving its use in a wide range of applications on-board vessels.
Garlock launched its evolved Butterfly actuators at Valve World in Düsseldorf. The advances in the liner and disc have helped reduce friction values to the point where significantly lower torques are required to shut off or throttle the flow.Case liners and flap discs made from other materials can now be more easily exchanged for parts made from high-quality PTFE, which offers better chemical, abrasive and thermal resistance, without having to replace the actuator.
Lined Valve Company launched a new knife gate valve designed specifically for the coal and mining market. The valves incorporate high-chrome iron inserts for longer working life in these harsh and abrasive applications.Jeff Bowman, general manager and vice president of Lined Valve Company clarified, "This robust urethane lined valve features a one-piece, molded-in-place full body liner and integral 650 Brinell hardness high-chrome iron inserts.
High Pressure Equipment Company (HiP) is celebrating its sixtieth anniversary in 2014 with an innovative employee leadership programme.Since 1954, HiP has been a provider of high-performance components and systems for elevated pressure applications.
Global-leading energy services firm Proserv won two prestigious awards in recognition of the firm’s outstanding business success and engineering and manufacturing capabilities.
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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Wood Group has been awarded a five-year contract with an estimated value of USD 750M from BP. Under the contract, Wood Group PSN (WGPSN) will deliver engineering, procurement and construction services to six UK continental shelf (UKCS) offshore upstream assets and the Forties Pipeline System (FPS) onshore midstream facilities in Grangemouth.