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.

Emerson New Edge Device Simplifies SCADA Architecture

Emerson has released the DeltaV SaaS SCADA with Edge Connect, a preconfigured edge solution that delivers more seamless operational technology (OT) data mobility out of the box. 

ArcLight to Acquire Kleen Power Interests

ArcLight Capital Partners, LLC (with its affiliates ArcLight) announced its managed fund has entered into definitive purchase agreements with Osaka Gas USA Corporation and Kyuden International Americas Inc. to acquire their indirect common equity ownership interests in Kleen Energy Systems, LLC (Kleen Power).

Cryogenic Piping and Valve Selection in LNG Plants

Piping codes and standards for natural gas applications have changed over the years to address challenges, especially in material selection and application.

Valero Subsidiary Submits Refinery Notice to the CEC

Valero Energy Corporation announces its subsidiary, Valero Refining Company-California, has submitted notice to the California Energy Commission (CEC) about its intent to idle, restructure, or cease refining operations at Valero’s Benicia Refinery.

Victaulic Announces Sales Leadership Transition

Victaulic, a global leader in mechanical pipe joining solutions, recently appointed Mark Gilbert to Executive Vice President of Sales.

Westinghouse and Celeros Sign MoU for AP1000/AP300 Projects

Celeros Flow Technology (FT) and Westinghouse Electric Company have signed a memorandum of understanding (MoU) to support nuclear new-build projects in Canada and globally.

bp Reports Oil Discovery off The Louisiana Coast

bp announced a recent oil discovery at the Far South prospect in the deep water U.S. Gulf of America.

Oliver Valvetek to Supply Subsea Needle Valves for Shell Sparta Project

Oliver Valvetek will support a Shell-operated Sparta development in the Gulf of Mexico with its series of high-performance subsea needle valves.

CBI and Joint Forces Complete Liquid Hydrogen Storage at NASA

CB&I with Shell International Exploration and Production, Inc., GenH2 and the University of Houston recently completed an affordable, large-scale liquid hydrogen (LH2) storage tank concept at NASA’s Marshall Space Flight Center (MSFC) in Huntsville, Alabama.

U.S. Energy Development Corporation Expands Permian Footprint

U.S. Energy Development Corporation (USEDC), a Fort Worth-based exploration and production company, has acquired 20,000 net acres in Reeves and Ward Counties, Texas.