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.

Petrobras Initiates Procurement of Platforms for Sergipe Deep Waters Project

Petrobras informs that it has initiated a new procurement process for the construction of up to two FPSO oil production units for the Sergipe Deep Waters Project (SEAP), in the Sergipe-Alagoas Basin.

Parkland’s Burnaby Refinery becomes the first to successfully produce low carbon aviation fuel in...

Parkland announced it has successfully produced Canada’s first batch of low carbon aviation fuel at its Burnaby Refinery.

Danfoss Drives Leader Hannes Leichtfried Elected to NEMA Board of Governors

Danfoss Drives’ Hannes Leichtfried has been elected to serve on the National Electrical Manufacturers Association’s (NEMA) Board of Governors.

Petrobras and Ecopetrol Confirm Colombia’s Largest Gas Discovery

Petrobras, through Petrobras International Braspetro BV – Colombia Branch (PIB-COL), and Ecopetrol confirm the largest gas discovery in Colombia's history with the drilling of the Sirius-2 well.

Harbour Energy Signs Participation Agreement for Proposed FLNG Project in Argentina

Harbour Energy confirmed it has signed a participation agreement with Pan American Energy and Golar LNG to acquire a 15% interest in Southern Energy SA, a company which is planning to develop a floating liquefied natural gas (FLNG) export project in Argentina.

ExxonMobil Announces Leadership Changes

ExxonMobil announced the retirement of Liam M. Mallon, president of ExxonMobil Upstream Company and vice president Exxon Mobil Corporation. The Board of Directors has appointed Dan L. Ammann president, ExxonMobil Upstream Company.

Cogent, Inc. Grows in the Midwest Region with the Addition of Central States Group

Cogent, a leading provider of pumping and process equipment solutions, announced the acquisition of Central States Group (CSG), a top Industrial Equipment Distributor based in Omaha, NE with operations in Cedar Rapids, IA, Marshall, MN and Madison, WI.

SLB, Aramco and Linde Enter Agreement for One of the World’s Largest Carbon Capture...

SLB recently entered into an agreement with Aramco and Linde that paves the way for the development of a carbon capture and storage (CCS) hub in Jubail, Saudi Arabia, that is expected to become one of the largest globally.

bp Ventures and Energy Impact Partners (EIP) Invest $25 Million into Valve and Regulator...

bp Ventures and EIP co-led the $25 million USD Series C funding round, that will be used to scale up Oxford Flow’s operations.

MagDrive Partners with Williams Valve Corp to Introduce Industry’s First Magnetically Actuated Zero-Emission Valves

MagDrive Technologies, a global leader in magnetically actuated valve technology, announced a strategic licensing partnership with Williams Valve Corp, manufacturer of Naval and Industrial valves during Valve World Expo in Dusseldorf, Germany.