Industry News

What’s happening and hot in the valve and actuation industry? Mergers and acquisitions, promotions, interesting development in end-user sectors, new project deals and so on.

CNOOC Announces Payara Project Commenced Production

CNOOC announces that Payara Project has commenced production safely.

Shell invests in Gato do Mato project in Brazil’s pre-salt

Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, has made the Final Investment Decision (FID) for Gato do Mato, a deepwater project in the pre-salt area of the Santos Basin.

SLB provides update on planned acquisition of ChampionX

SLB announced that the United Kingdom Competition and Markets Authority (CMA) has declined to unconditionally clear SLB’s planned acquisition of ChampionX during the CMA’s Phase 1 review period.

Score Becomes Largest Global Distributor of Val-Tex and Sealweld Products

Score is proud to announce it’s now the largest accredited distributor of Val-Tex and Sealweld sealant injection products worldwide.

New Valmet office opens in Tikkurila, Vantaa

Valmet's new premises in Tikkurila, Vantaa, have been completed. Nearly 700 Valmet employees in Finland, mainly from Järvenpää and partly from Vantaa's Hakkila office, have moved into the new premises in early spring.

Core & Main Announces Leadership Transition

Core & Main Inc. announced changes to its executive leadership team as part of the Company’s long-term succession planning.

Valve Innovations Enhance Residue Hydrocracking Performance

Explore how new valve technologies are improving residue hydrocracking processes, enhancing safety, efficiency and reactor performance in refinery operations.

Government of Canada Announces Support for Cedar LNG

The Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, on behalf of the Honourable Anita Anand, Minister of Innovation, Science and Industry, announced a contribution agreement under the Strategic Innovation Fund (SIF) of up to $200 million toward a $5.963 billion project with Cedar LNG Partners LP (Cedar LNG).

Baker Hughes to Provide Fully Integrated Completions for Petrobras’ Offshore Fields

Baker Hughes announced a major, multi-year fully integrated completions systems contract with Petrobras.

Kinitics Automation Partners with CVS Controls Ltd. to Distribute KVA38 Actuators

Kinitics Automation, a leader in advanced motion control solutions, announces its partnership with CVS Controls Ltd., a prominent manufacturer and distributor of control valves and associated instrumentation, to distribute KVA38 valve actuators into Western Canada.