Industry News

Statoil awards contracts

Valve World Publisher - March 6, 2002

Statoil has awarded contracts for the Kristin and Mikkel gas and condensate fields in the Norwegian Sea.

Serbia energy projects

Valve World Publisher - February 27, 2002

Serbia is seeking international loans and offer joint ventures and BOT (build-operate-transfer) projects in a bid to revive its energy sector and stabilise electricity, gas and fuel supplies.

VaxGen to build AIDA vaccine plant

Valve World Publisher - February 26, 2002

VaxGen Inc. and a group of South Korean investors have announced the formation of a joint venture, which will invest approximately USD 120 million to build and operate a facility in Incheon, South Korea, to manufacture VaxGen's AIDS vaccine.

BHP Billiton wins Brunei award

Valve World Publisher - February 21, 2002

BHP Billiton Ltd has expanded its petroleum exploration portfolio with the addition of deepwater acreage off the coast of Brunei Darussalam in SE Asia.

Bethlehem Energy Center contract awarded

Valve World Publisher - February 19, 2002

Sargent & Lundy LLC has been selected by PSEG Power New York Inc., a subsidiary of PSEG Power, to provide the engineering services for the 750mw Bethlehem Energy Center (BEC) in Bethlehem, NY.

DuPont and Statoil joint venture

Valve World Publisher - February 14, 2002

DuPont Bio-Based Materials and Statoil have signed an agreement to form a joint venture to further develop the world's only methane-based fermentation production facility.

New directors appointed at Elfab

Valve World Publisher - February 11, 2002

Elfab Ltd, the pressure-relief systems manufacturer, has announced two key appointments. Stephen Grinsell becomes Sales & Marketing Director while Russell Trotter takes over as Director of Manufacturing.

ENEL could invest in Bulgarian power

Valve World Publisher - February 11, 2002

ENEL SpA could invest USD 300 million in four hydroelectric power stations in Bulgaria under a deal to buy the four plants...

Sealing specialist settles in at Yorkshire home

Valve World Publisher - February 1, 2002

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

Coflexip wins UK North Sea award

Valve World Publisher - December 11, 2001

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.

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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.