Industry News

The American based-CIRCOR Engergy has announced that one of its brands, the Italy-based CIRCOR Pibiviesse has received the APICS Country Supply Chain Excellence Award, recognizing leading companies that have achieved outstanding results in the fields of Operations and Supply Chain Management.

The American Petroleum Institute (API) has reported that during a recent house energy hearing, lawmakers were considering more ways to move toward lifting US trade restrictions on crude oil this year. “The US energy revolution has transformed the global landscape, creating countless economic opportunities for American workers and consumers,” said API Executive Vice President for Government Affairs Louis Finkel.

FirstEnergy Nuclear Operating Company (FENOC), a subsidiary of FirstEnergy Corp., has announced that its Perry Nuclear Power Plant in Perry, Ohio, was shut down at 12 am on Monday, March 9th for scheduled refueling, maintenance and a transformer replacement that is expected to enhance reliability.

The American Company, GE Oil & Gas, is now using the latest in metal laser sintering hybrid milling machines (metal 3D printers) at its Kariwa plant in Niigata Prefecture, Japan, to manufacture GE’s Masoneilan control valve parts with special configurations for use across various applications across the Energy industry.

Cameron has elected Mr. Brent J. Smolik and Mr. R. Scott Rowe to the Company's Board of Directors, effective immediately. Smolik, 53, has served since 2012 as Chairman, President and Chief Executive Officer of EP Energy Corporation, a Houston-based oil exploration firm.

Imperial Oil announced plans to build a new research facility in southeast Calgary. The new research centre will continue Imperial’s progress in developing next-generation resource recovery technologies for safely and efficiently developing oil sands resources.

Flowserve Corporation, a provider of flow control products and services for the global infrastructure markets, signed a licence agreement with New Way Air Bearings to develop externally pressurized solutions for its seal and pump operations.

The American Petroleum Institute announced the creation of a Midstream Department that will focus on issues related to energy infrastructure and the transportation of oil and natural gas. Harry Pefanis, president and COO of Plains All American, will chair the committee made up of API member company representatives that will oversee the work of the Midstream Department.

The fully owned subsidiary of A.P. Møller - Maersk, Maersk Olie og Gas (Maersk Oil) is revising its strategy and will no longer pursue growth or operatorship for its business in Brazil. Because of this, Maersk Oil has divested its ownership share in the small producing field Polvo to the operator, Brazilian independent HRT O&G Exploracao e Producao de Petroleo, subject to regulatory approvals.

Velan announced the appointment of Yves Leduc as the president of the company. Leduc will report to Tom Velan, CEO and formerly president. He will be joining Velan on 26 January 2015. As part of Velan’s leadership succession planning process, a Leadership and Talent Committee of the board of directors was formed and the committee hired Egon Zehnder, an executive search firm, to help with the search for a new president.