Industry News

When assembling bolted flange joints, reliability engineers, industry experts, gasket manufacturers, and almost anyone with ‘skin in the game’ agree that utilizing best practices is paramount to overall joint integrity, reliability, and most importantly, safety.

Baker Hughes, an energy technology company, has expanded its presence in Guyana through the opening of a new local supercenter facility for oilfield services and equipment. The supercenter, which spans more than 8 acres, will support regional customers and bolster Baker Hughes’ localization efforts within South America.

In Mind Cloud, the independent digital sales platform built for manufacturers, announced it has entered a five-year strategic partnership with VAG, a leading international valve manufacturer. In Mind Cloud will continue to power VAG's global go-to-market (GTM) sales operations in the market of industrial valves for the water and wastewater sector.

ValvTechnologies adds a new distributor SVI Industrial to represent the company in North Carolina and South Carolina.

“We're pleased to announce appointments of Thom Jessup (EGC Enterprises) as our new President and Amy Hammarstrom (General Rubber Corp.) as our new Vice President! We look forward to their continued contributions in these new executive leadership roles in 2022.”

Samson pfeiffer will supply more than 1000 valves for a new hydrogen electrolysis plant in Saudi Arabia.

MRC Global Inc. announced that its Chairman of the Board, Rhys J. Best, will retire upon completion of his term as a director at the annual meeting of the company’s stockholders scheduled for May 5, 2022. The Board of Directors of MRC Global has selected Robert L. (Bob) Wood to be its next Chairman of the Board, effective and contingent upon his re-election as a director at the annual meeting.

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.

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 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.