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.

MRC to acquire Production Specialty Services

newsitemMRC Global Inc. announced that the company’s U.S. operating subsidiary, McJunkin Red Man Corporation, has signed an agreement to acquire the operating assets of Production Specialty Services, Inc.

Agreement covers pipeline activities

T.D. Williamson (TDW), a world leader in pipeline services and equipment, announced that it has signed a global pipeline intervention and isolation services contract with BP. Activities covered by the agreement include hot tapping and STOPPLE® plugging, as well as SmartPlug® pressure isolation.

Gemco Valve launches conversion app

Increased demand for applications and utilities that can be used in both business and daily life across a wide variety of platforms, prompted Gemco Valve to re-vamp its existing unit conversion tool.

AUMA is single source for Arab oil initiative

 AUMA was selected as the single source supplier of electric actuators for Qatar Petroleum de-gassing stations. Located at the Dukhan field in the Arab D block, work began in 1998 on a gas recycling initiative to enhance oil production: within two years, AUMA’s field devices for valve control were successfully installed as part of a retrofit and replacement programme.

Oliver Valves wins prestigious Manchester award

newsitemOliver Valves, the Knutsford-based manufacturer of oil and gas valves for the global energy industry has scooped the GBP 50-100 million turnover category at the Manchester Evening News Business of the Year Awards. It is the second time the business has been victorious at the awards in just three years, having won in the GBP 25-50 million bracket in 2010. This year has been a year of awards success and recognition, with Oliver Valvetek – one of the three businesses in the Oliver family – winning a Queen’s Award for Enterprise and chairman Michael Oliver being awarded an OBE in the Queen’s birthday honours list.

AS-Schneider receives highest award

 Armaturenfabrik Franz Schneider GmbH + Co. KG from Nordheim was given an award for its outstanding performance for the 8th time in a row by the major American corporate group Emerson.

Fluor Corp awarded Shell projects

Fluor Corporation has announced that Shell has awarded the company a 5-year enterprise framework agreement for engineering and project management services for Shell’s downstream, and potentially, upstream onshore projects in Europe, Africa and the Middle East (EAME).

Global demand for oilfield equipment forecast

newsitemGlobal demand for oilfield equipment is forecast to rise 3.8%per year through 2016 to $109 billion. Gains will be fuelled by a substantial increase in oil and gas production as the world economy rebounds from the general economic weakness triggered by the 2009 global recession.

Weatherford Kazakhstan awards CIS

Conductor Installation Services Ltd (CIS), an Acteon company, announced that it has been awarded a USD multi-million contract by Weatherford Kazakhstan to provide conductor-driving services in Kazakhstan.

DOE to award USD 1M for clean coal technology

newsitemUnity Power Alliance, a joint venture between ThermoEnergy Corp. and ITEA S.p.A., will receive an award of USD 1M from the U.S.

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.