News

Our editors gather news and press releases from around the world to bring our community the latest developments in the valve and actuation industry. Here you can find news involving the people and companies involved in the design, manufacturing, supply, maintenance and use of industrial valves and actuators. We focus both on engineered products as off the shelf products.
If you wish to include your news items and press releases in our publication, email newsletter or on our website please feel free to contact the Editor.

Husky Begins Production at Saskatchewan Thermal Project

Husky Energy has commenced production at its Dee Valley thermal project in Saskatchewan, the second of six 10,000 bpd thermal bitumen projects to be brought onstream from 2018 to 2022.CEO Rob Peabody said, “These projects have direct access to our refining hub in Lloydminster and can be transported via committed export pipeline capacity to our refineries and other U.S.

Woodfibre LNG to Move Forward With $1.6 B Project

Woodfibre LNG, a Canadian subsidiary of Singapore’s Pacific Oil & Gas Ltd., is finalizing the engineering, procurement and construction contract for their $1.6 billion LNG export facility in Squamish, British Columbia.

Proco Releases New ProFlex™ 711/731 Check Valves

Proco, a global leader in the design and supply of expansion joints for piping/ducting systems, has released the new Proco ProFlex™ 711/731.

Zahroof Selected as Finalist for 2019’s Fast 100 Awards

Zahroof Valves, Inc. (ZVI), an innovative oil and gas compressor valve manufacturer, announced that it was included in the Houston Business Journal's (HBJ) 2019 Fast 100 Awards, where it is among the top 100 fastest growing privately held companies in Houston, Texas.

IMI Announces Proposed Acquisition of PBM

IMI plc, a world-leading provider of flow control solutions, announces the proposed acquisition of PBM Inc., a leading US-based producer of high-quality valves.

Chevron and Qatar Plan $8 Billion Petrochemical Plant

Chevron Phillips Chemical Co. and Qatar Petroleum have agreed to develop an $8 billion petrochemical plant in the Gulf Coast region.

Air Engineering and Supply Earns Sales Growth Award

Air Engineering and Supply, a major Midwest distributor of Fluid Power and Pneumatic components and value-added assemblies, was awarded recognition for its 2018 industry-leading sales and growth performance from Clippard Instrument Laboratory, Inc., of Cincinnati, Ohio.

ValvTechnologies Signs New Contract with Gestra

ValvTechnologies, Inc., a global leader in the design and manufacturing of zero-leakage severe service valves, has signed a representative agreement with Gestra UK Limited, a provider of flow control valves and systems for heat and process fluid control.

Circor Offers New Valves for Hazardous Conditions

Circor has released high-quality R. G. Laurence on/off valves for applications requiring rapid opening and sealing, such as those in hazardous conditions.

Equinor completes $965 M GoM acquisition from Shell

The Bureau of Ocean Energy Management has approved Equinor and Shell’s transaction, in which Equinor exercised its preferential right to acquire 22.45% interest in the Caesar Tonga oil field from Shell Offshore Inc for $965 million.