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.

Sealing specialist settles in at Yorkshire home

Sealing technology business, Garlock has completed its move to new premises in Elland, West Yorkshire, UK.

Coflexip wins UK North Sea award

Coflexip Stena Offshore Ltd (CSOL), a UK entity of the Technip-Coflexip Group, is in charge of a major three-year contract from the Texaco, Amerada Hess and Talisman Energy (THT) multi-operator alliance to provide Diving Support Vessel (DSV) and Underwater Services in the North Sea.

Polish power contract

Poland is to gain substantial economic and environmental benefits as a result of an innovative USD 40 million power project involving Rolls-Royce, a global company providing power for land, sea and air.

Eni aims to become energy giant

Italian oil and gas company Eni SpA (E) aims to become one of the world's petroleum giants through acquisitions and the intensification of hydrocarbon exploration, CEO Vittorio Mincato and the group's top management has said.

Shell names new finance vice-president

Shell has announced that Rosemarie Mecca is the new executive vice president of finance and business systems for Shell Chemicals Ltd (SCL).

Honeywell boosts fibre manufacturing

The Specialty Materials business of Honeywell is expanding production of its Spectra(R) high modulus polyethylene fiber (HMPE).

Technip creates engineering company in Kazakhstan

Technip and Transport of Oil and Gas (TOG), the National Oil and Gas Transportation Company of Kazakhstan, have created a joint engineering and construction company headquartered in Almaty.

Mikkel contract awarded

Statoil has awarded European Marine Contractors the assignment of laying a pipeline between the Mikkel field in the Norwegian Sea and a subsea template on the Šsgard field's Midgard deposit.

NZ company to build plant in Australia

New Zealand energy company Contact Energy Ltd and its cornerstone shareholder, Edison Mission, have given the go-ahead to a ASD 164 million peaking power plant in Victoria.

New state gas company in Venezuela

Venezuela will create a new state gas company this year to spearhead development of the country's huge natural gas reserves on an equal footing with the strategic oil industry.

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.