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.

Metso’s President & CEO has resigned

Mr. Nico Delvaux, President and CEO of Metso (pictured) has resigned from the company and will assume the position of President & CEO of ASSA ABLOY AB, which is a Swedish lock manufacturer.

SIMMONS EDECO wins valve contract

EDF Energy, the United Kingdom’s largest producer of low-carbon electricity, has awarded SIMMONS EDECO, the valve maintenance company headquartered in Calgary, Alberta, with a contract for wellhead and valve maintenance.

New management appointment at Petrofac

Petrofac, whose US headquarters are located in Houston, Texas, has announced that it has appointed John Pearson to the new role of Chief Corporate Development Officer and Group Managing Director, Western Hemisphere, with immediate effect.

Metso announces new appointments

Relating to the changes in Metso's operating model and organization communicated on September 25, 2017, the new business area heads have been appointed as follows:   Mikko Keto has been appointed President, Minerals Services business area.

PJ Valves hires Group Operations Director

PJ Valves (PJV), a specialist manufacturer and supplier of valves for the global energy industry, whose US headquarters is located in Houston, Texas, has appointed Tien Do as Group Operations Director to its UK office.

GE announces senior appointments

GE has announced that Jeffrey R. Immelt has retired as a Director and Chairman of General Electric Co.’s board of directors.

New hire at Flowserve Corporation

Flowserve Corporation, a leading provider of flow control products and services for the global infrastructure markets, has announced that David Wilson has been appointed as President, Industrial Products Division (IPD).

New hire at Proco Products Inc.

Proco Products Inc., a specialist in check valves and expansion joints, has announced that they have appointed a new member to their team.

API welcomes responsible offshore industry

API has welcomed a letter sent by 36 US Senators in support of the safe and environmentally responsible development of the US’ offshore energy resources as the Administration begins developing a new five year offshore oil and natural gas leasing program.

Petrobras authorized to export idle LNG cargoes

Reuters are reporting that Brazil's Petroleo Brasileiro SA has been authorized to export idle LNG in the spot market. Petrobras has been given the green light to export up to 6.