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.

TEN development project in Ghana

The TEN development project includes the collective development of three hydrocarbon accumulations - Tweneboa, Enyenra (formerly, Owo) and Ntomme. The three oil and gas fields are part of the Deepwater Tano license located offshore of Ghana.

Gemco Valve adds new client to International Roste

Gemco Valve welcomes its newest international customer, Umicore Precious Metals Refining, a division of Umicore, a multinational materials technology company.

Severn Glocon Group announces subsea acquisition

newsitemValve engineering specialist Severn Glocon Group announces today that it has acquired LB Bentley Ltd for an undisclosed sum as it seeks to diversify its offering and make inroads to the subsea market. LB Bentley designs and manufactures small bore subsea valves for the global oil and gas industry, as well as high-pressure filters and desiccant dryers – also for a worldwide market.

Technip awarded contract for Alma and Galia

Technip was awarded by EnQuest Britain Limited a contract for the development of the Alma and Galia fields, located 310km Southeast of Aberdeen, United Kingdom. The fields, which will be tied back to the EnQuest Producer floating production storage and offloading unit (FPSO), are located at a water depth of approximately 80m.

PetroVietnam eyes Japanese investment

newsitemState-run oil and gas group PetroVietnam may seek Japanese partners to develop as many as 20 offshore blocks in the South China Sea, according to business daily, Nikkei.

Toshiba joins NET Power, Shaw, and Exelon

newsitemNET Power LLC announced that Toshiba Corporation, a world-class technology manufacturer, has joined The Shaw Group, a leading global engineering services firm, and Exelon Corporation, the leading U.S.

Metso’s Neles Q2-Trim™ eliminates noise

Metso's new Neles Q2-Trim ™ reduces noise up to 30 decibels compared to a typical control valve helping process industry customers to improve personnel and plant safety while simultaneously increasing efficiency and reliability.Metso's frontrunning Q2-Trim technology is combination of various techniques resulting multiple benefits for customers.

Champion of British engineering

Michael Oliver, chairman and founder of Oliver Valves, the Cheshire-based manufacturer of valves used by the world’s biggest energy companies, has been awarded the Order of the British Empire (OBE) for services to the valve industry in the Queen’s Birthday Honours List. 

HHIC to build 10 ships

Despite current global economic slowdown, Hanjin Heavy Industries & Construction (HHIC)-Phil’s Subic Shipyard won a bid to build mid-size container ships for the first time this year.

NOF Energy and BVAA join forces

NOF Energy, the business development organisation for oil, gas, nuclear and offshore renewables sectors, has formed a new partnership with the British Valve and Actuator Association (BVAA).

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.