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.

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.

Web-based courses on fluid control and sealing

Valve World has learnt that one of our readers, Mr Gobind Khiani of Cenovus Energy Inc, Calgary, Alberta, CANADA, is running volunteering web-based courses for fluid control and sealing.  

Siemens turns over coal-fired plant to GenPower

Siemens Energy Inc. and Kvaerner ASA subsidiary, Kvaerner North American Construction, Inc.

Leni Oil & Gas to begin drilling in Gulf of Mexico

  Leni Gas & Oil has announced that with the imminent arrival of the Ocean Columbia jack-up rig, drilling on the Eugene Island field in the Gulf of Mexico.

Areva to supply Monticello nuclear plant

Areva and U.S. utility Xcel Energy have signed a USD500 million integrated fuel supply contract to supply Minnesota’s Monticello nuclear power plant. The General Electric BWR-3 design plant, has a current output of 613MW.

Wentworth Resources announces new CFO

Lance Mierendorf has been appointed Wentworth Resources’ Chief Financial Officer. Geoff Bury who acted as both CFO and Managing Director will continue his role as Managin Director. A Canadian Chartered Accountant, Lance Mierendorf has over 15 year of experience in the global oil and gas industry.

SRS biomass plant nears final testing phase

The United States’ largest federally owned biomass plant could begin providing nearly half of Savannah River Site's electricity needs by January 10th.

Jacobs wins contract from JV

Jacobs Engineering Group Inc. has been awarded a contract to provide engineering and procurement services for a newly formed joint venture between Honeywell and Sinochem.