What is the IOGP and What is its Impact on Valves?
A key distinction between the consumer world and the industrial world is the power the latter might have over a manufacturer. An individual is not typically able to impose on their favorite cellphone supplier additional requirements addressing design and materials; but this is something commonly done for industrial valves. The bigger the end user, the greater the power. So, it should come as no surprise that oil companies not only have this type of power, but also exercise it with gusto. In other words, oil companies developed distinct supplementary requirements to improve valve safety and reliability.
Chevron’s Chairman and CEO Appointed Chairman of API Board of Directors
The American Petroleum Institute (API) announced that Chevron Chairman and CEO Mike Wirth will serve as chairman of API’s Board of Directors for a two-year term. Wirth, who was elected chairman, effective January 1, 2022, succeeds Phillips 66 Chairman and CEO Greg Garland, who will remain a member of API’s Executive Committee.
Schlumberger Inaugurates Second Manufacturing Center in King Salman Energy Park
Schlumberger recently announced the inauguration of its latest manufacturing center in King Salman Energy Park (SPARK), supporting Saudi Aramco’s In-Kingdom Total Value Add (IKTVA) program to promote economic growth. The center is the first of its kind for Schlumberger in Saudi as it will support both the midstream and downstream markets in the Kingdom and neighboring countries.
ExxonMobil Relocating Headquarters
ExxonMobil plans to relocate to its campus north of Houston by the middle of 2023.
Oliver Twinsafe Seals
The Fife LNG plant at Mossmorran, operated by Shell, can provide a challenging environment for any high-pressure valve, but when a need arose for a number of ANSI class 300 DBB valves with a high operating temperature range, few manufacturers could meet the requirements.
