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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.

Schlumberger and Subsea 7 Renew Global Subsea Integration Alliance

Schlumberger and Subsea 7 announced that they have signed an agreement to renew Subsea Integration Alliance for a further seven years.

Fugitive Emissions Summit Americas Steering Committee Held a Successful Meeting

The Fugitive Emissions Americas Summit steering committee held a successful meeting last month, to bring together subject matter experts to determine the content to be developed and presented at the upcoming conference.

Harbour Group’s Marshall Excelsior Acquires Specialty Valve Group, LLC

Marshall Excelsior Company (together with subsidiaries, "MEC"), a Harbour Group company, has acquired Specialty Valve Group, LLC ("SVG"), Jeff Fox, Harbour Group's chairman and chief executive officer, announced today.  Terms of the transaction were not disclosed.

EBSCO Capital Announces the Acquisition of Hydrolico for Bailey International

Bailey International, LLC (Bailey) announces the acquisition of Québec-based, Hydrolico International Inc. (Hydrolico).

PDC Announces Milestone Achievement of 75.4 Hours of Continuous Pumping Time

 PDC Energy, Inc together with Liberty announced that both company operational teams have collectively achieved the milestone of 75.4-hours of continuous plug-and-perf pumping time in the DJ Basin in late January 2022. The operations team completed 4,525 minutes of pumping time with zero non-productive time.

Emerson Selected by Jotun to Automate Global Manufacturing Plants to Optimize Production Efficiency

Five-year framework agreement to implement automation software and technology will help paint manufacturer increase throughput and quality and reduce operating costs

Zero Fugitive Emission from Methane Powered Pneumatic Actuators

Biden Executive Order 13990 directs the EPA to significantly reduce oil/gas producer’s methane emissions. The technology converts existing methane powered actuators to a zero emissions format.

IDEX Corporation Adds Precision Farming Solutions for Agriculture with Completion of KZValve Acquisition

IDEX Corporation announced that it has completed its previously-announced acquisition of KZValve, LLC, bolstering IDEX’s expertise in providing critical solutions for agriculture and industrial applications.

EnerMech Announces Global Strategy Director

EnerMech has strengthened its senior leadership team with the promotion of Kenny Anderson to the newly created role of strategy director.

Valmet Opens a New Flow Control Service Center In Chile

Valmet is strengthening its flow control solutions related service capabilities by opening a new service center in Antofagasta, Chile.