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.

Oil producers oppose Seaway request

    Oil producers in North America are hoping to ease the disconnect in the crude markets by addressing the reversal of the Seaway pipeline to run to refineries nest the Gulf of Mexico from the central United States.

Exelon-Constellation merger closes

Exelon Corporation and Constellation Energy have completed their merger, effective 12 March 2012. The merger creates one of the largest retail customer bases and the leading U.S. competitive energy provider with one of the cleanest and lowest-cost power generation fleets in the industry.

Foster Wheeler awarded Dominican LNG terminal cont

    A subsidiary of Foster Wheeler’s Global Engineering and Construction Group has been awarded the basic design and front-end engineering design contract by Complejo GNL del Este.

Governments implementing Canadian oil sands monito

    The province of Alberta and Canadian federal governments have unveiled the Joint Canada-Alberta Implementation Plan for Oil Sands Monitoring, a plan to increase water, air, land and biodiversity monitoring of the country’s oil sands regions.

Boardwalk building gas plant in Texas

  Boardwalk Pipeline Partners, LP subsidiary, Boardwalk Field Services LLC will be constructing a cryogenic gas processing plant to serve producers in the Eagle Ford Shale and will be expanding its gathering system.

CRANE hires Javier Suarez

CRANE Energy Flow Solutions® has announced its recent hire of Javier Suarez, who will serve as Global Business Line Manager – Cast Steel Valves based in The Woodlands, Texas.

NGL acquires assets from North American Propane

  NGL Energy Partners LP has acquired the assets comprising the propane and distillate operations of North America Propane (NAP) for about USD66.8 million.

Hydro One substation order won by ABB

Power and automation technology group, ABB has won a major order from Ontario,     Canada power transmission and distribution utility, Hydro One Networks Inc.

Arctic Hunter SK well production increases

    Arctic Hunter Energy Inc.'s recently completed well on their core heavy oil operating Landrose property in west central Saskatchewan began production in late January.

Monterey Shale’s Venoco agrees on Merger

Having substantial holdings in Monterey Shale in California, Independent energy company, Venoco Inc., has entered into a definitive merger agreement.