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.

Tenaris becomes Petrobras supplier

Tenaris, a leading supplier of tubes and related services for the world's energy industry and other industrial applications, has signed a contract to supply Petrobras with 9 5/8 casing with TenarisHydril Blue premium connections for offshore exploration wells over the upcoming years. The TenarisHydril Blue connections have been developed to face the most challenging E&P environments and tested in accordance with ISO 13679 CAL IV.

GE Oil & Gas unveils new fuelling solution

GE Oil & Gas introduced the LNG In A Box system, a small-scale, plug-and-play, re-deployable liquefied natural gas (LNG) fuelling solution that can help accelerate the use of natural gas as a cost-effective, cleaner transportation fuel.

NRG plans to propose 3 new NY plants

NRG Energy has plans to offer up to three proposals for a new natural gas-fired plant to replace the nuclear reactors at Entergy’s Indian Point nuclear power plant in New York, according to a report from Reuters.

Helix announces BP contract for Q5000

Helix Energy Solutions Group, Inc. announced that it has entered into a five-year contract with BP to provide well intervention services to BP in the US Gulf of Mexico with Helix’s deepwater well intervention semisubmersible vessel, the Q5000, currently being constructed in Singapore.

Brazil needs eight new Itaipu plants by 2028

The Brazilian government has stated that the country will need to increase its installed capacity by 110GW in the next 15 years to meet the country's rising energy demands.

GTT: LNG solution for the Amazon

French marine engineering company GTT is seeking a partnership with Brazil's HRT Participações and federal energy major Petrobras to monetize natural gas produced in remote Amazon fields. According to GTT, LNG provides the ideal solution for Brazil's gas logistics problems amid rising demand from thermoelectric power plants.

Bimba introduces low power valve

The Bimba Manufacturing Company has announced the introduction of the Low Power Isonic® V2 Valve. Building on their previous strengths with the Bimba|Meadʼs line of Isonic® solenoid valves, the new Low Power Isonic® V2 valve provides increased versatility for unparalleled performance.

Mexico set to Import 2.83Mm3/d LNG

  Mexico is due to import a total 100Mf3/d (2.83Mm3/d) LNG via the Manzanillo and Altamira terminals for approximately one year to guarantee natural gas supply to the country, Alejandro Martínez Sibaja, director of state oil company Pemex's gas subsidiary PGPB said at the BNamericas Mexico Energy Summit in Mexico City.

Construction of ‘super-hot’ reactor underway

Oregon State University has started construction on a USD 4.8 million facility to test a new nuclear energy technology that could be safer, more efficient and produce less waste than existing approaches.

BTM in transition

  BTM, a leading manufacturer of carbon steel, high yield and alloy butt weld fittings for the energy and petrochemical industries has announced tot heir customers they have become a wholly owned business of Precision Castparts Corp (PCC). PCC is a Fortune 500 public company that specializes in supplying complex metal components and products.