CB&I awarded lucrative HYUNDAI project
CB&I has announced that it has been awarded a project valued in excess of US$180 million by HYUNDAI Heavy Industries Co., Ltd. (HHI). CB&I's scope of work, which will commence in the first quarter, includes detailed engineering design and procurement services for the spar topside that is part of Statoil's Aasta Hansteen field development project off the coast of Norway.
Fanuc introduces compact LRMate 200ID robot
Designed for integration into special-purpose machinery and featuring an increased payload and larger work envelope, the compact LRMate 200ID robot has been released from Fanuc and is suitable for cost-effective handling and transfer tasks. DECC approves development plan
The UK government's Department of Energy and Climate Change (DECC) has announced their approval of the field development plan put forward by Statoil and its co-venturers for the Mariner heavy oil field.
Aquatech awarded permit in Tioga County
Aquatech, a leader in wastewater treatment recycle and reuse, has been granted a permit to operate a central treatment facility in Tioga County, Pennsylvania. The facility, designed using Aquatech's MoSuite set of technologies, will deliver a menu of wastewater treatment and recycle services to the regional shale gas producers and is beginning to accept customer orders.
Rotork enhances nuclear product portfolio
Rotork-Hiller, the specialist manufacturer of pneumatic and hydraulic valve actuators for the nuclear industry, has successfully completed the full qualification of a new scotch yoke rotary pneumatic actuator to the latest industry standards. 
Market research firm McIlvaine Co. has reported that it has revised its growth forecast for the industrial valve market over the next five years to 5.5 percent CAGR. 
Cameron, a leading provider of flow equipment products, has announced an agreement with CNPC to establish a joint venture for the manufacture of pipeline ball valves mainly for use by CNPC to support its plans to build pipeline across China in the coming decade. 
Reef Subsea, which provides specialist subsea services to the Oil & Gas and Renewables industry, has just moved its three main activity bases in Aberdeen - Reef Subsea IRM & Construction, Reef Subsea Power & Umbilical and Reef Subsea Dredging & Excavation - into the brand new premises.