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.

Welltec secures direct award from Shell Gabon

Welltec secured a direct, two-year contract from Shell Gabon for the supply of conveyance, well intervention and clean-out services. Welltec is the largest provider of tractor technology for conveyance solutions as well as the foremost provider of milling, clean-out and mechanical solutions globally.

Jacobs secures QGC contract

newsitemJacobs Engineering Group won a contract from QGC, part of BG Group. QGC is one of the major proponents in the rapidly developing coal seam gas (CSG) to liquefied natural gas (LNG) industry in Australia.

Edgo Energy signs PSA in Tajikistan

newsitemEdgo Energy signed a production-sharing agreement (PSA) with the Ministry of Energy and Industry of the Republic of Tajikistan for license areas Surkhsimo and Qarordon in Tajikistan.

Rosneft, Pirelli, Rostec join hands for R&D

newsitemRosneft, Pirelli & C. S.p.A. and Rostec State Corporation signed a Memorandum of Understanding for joint research and development activities.

Clough AMEC awarded contract extension

newsitemClough AMEC has been awarded a two year contract extension by ConocoPhillips to provide operations and maintenance services to the Bayu-Undan facilities, located in the Timor Sea.

Major contract for ULSTEIN

Edison Chouest Offshore and Island Offshore are ordering two new OCV vessels through the company Island Ventures II. One vessel will be built at Ulstein Verft, Norway, one in USA.  Ulstein Verft has been contracted to build a new offshore construction vessel of the ULSTEIN SX165 design.

Klinger Group acquires Westad Industri

newsitemAustria-headquartered Klinger Group acquired Westad Industri, a Norway-based manufacturer of high-tech butterfly and ball valves.

Valve Industry Forum held in Moscow

newsitemThe first International Valve Industry Forum and Expo – 2013 was held at the Sokolniki Exhibition and Convention Center in Moscow this November.  The forum was organised by Scientific and Industrial Valve Manufacturing Association and Industrial Forum, JSC.

Cape awarded Wheatstone project contract

newsitemCape Australia Onshore, the wholly owned subsidiary of Cape, has entered into an agreement with Bechtel, the engineering, project management and construction companies, for the supply of scaffold erection and dismantling services on the Chevron-operated Wheatstone Project in Western Australia.  The contract, valued at over GBP 45M expects to create 135 new Australian jobs, all located onsite at Ashburton North, 12 kilometres west of Onslow in Western Australia.

PHD releases new parallel pneumatic gripper

newsitemPHD launched a new series of parallel pneumatic grippers. Series GRH Parallel Pneumatic Grippers are available in four sizes that provide long jaw travel while accommodating long tooling lengths.

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.