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.

SLB and ADNOC Drilling Partner for Unconventional Oil and Gas Development

SLB announced an agreement to create Turnwell Industries LLC OPC (Turnwell), a joint venture (JV) with ADNOC Drilling Company, SLB and Patterson-UTI.

CRN Approval for Ball Valves and Butterfly Valves

The BB02, B22, B42 and B52 ball valves and the GEMÜ R480, R481, R487 and R488 butterfly valves have received approval for the Canadian market.

IMI Supplies Valves to World’s First Net-Zero Carbon Emissions Ethylene Cracker

IMI has won the contract to supply an innovative package of transfer line and decoke valves for the world’s first net-zero carbon emissions ethylene cracker, located in Canada.

Gilmore Appoints Matt Cort as President

Gilmore announces the appointment of Matt Cort as president. Cort joins the company from Emerson where he was vice president of the pressure relief valve business unit. Cort’s other positions at Emerson included product management, marketing and strategic planning. 

Micromazza Wins Petrobras Best Supplier Award

Petrobras, one of the largest energy companies in the world, held an awards ceremony for its best global suppliers.

“Who Controls the Valve Performance Monitors Will Control the Valve Market”

Valve companies are designing valve performance software that is tailored to specific valve challenges.

SLB and NVIDIA Collaborate to Develop Generative AI Solutions for the Energy Sector

Working together with NVIDIA, SLB will build and optimize models to the specific needs and requirements of the data-intensive energy industry, including subsurface exploration, production operations and data management.

Valmet to Supply a Complete Pulp Mill with Full-Scope Automation and Flow Control Solutions...

The Board of Directors of Arauco have approved an investment of a complete pulp mill and selected Valmet as the supplier for the project.

FLSmidth Boosts PCV Offering with Tipco Acquisition

FLSmidth has signed an agreement to acquire TIPCO Tudeshki Industrial Process Control GmbH (Tipco), a technology company based in Aachen, Germany.

New Emerson Flushing Ring Streamlines Ordering, Installation with Complete, Packaged Solution

Emerson announced the TESCOMTM AGI BR Series Flushing Ring, a comprehensive packaged solution for flushing and bleeding applications in petroleum refineries, biofuel refineries and petrochemical facilities.