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.

    Chord Energy Completes Acquisition of Enerplus

    Valve World Americas Publisher -
    US oil and gas company Chord Energy has finalised its acquisition of Canadian company Enerplus, creating an exploration and production (E&P) company focused on the Williston Basin.

    Aethon Energy to Acquire Tellurian Integrated Upstream Assets

    Valve World Americas Publisher -
    Tellurian Inc. and Aethon Energy Management LLC (Aethon) announced an agreement for Aethon to acquire Tellurian’s integrated upstream assets for $260 million, alongside a Heads of Agreement for Aethon to purchase two million tons per annum (mtpa) of liquified natural gas (LNG) from Tellurian’s Driftwood LNG plant.

    Pekos Solution For Hydrogen Service

    Valve World Americas Publisher -
    Pekos Valves now offers valves with an advanced technical enhancement guaranteeing tightness and compliance with the stringent fugitive emission standard ISO15848-1 AH endurance CO3.

    Devon Energy Appoints John Bethancourt as Chair of Its Board of Directors

    Valve World Americas Publisher -
    Devon Energy Corp. announced that the company’s board of directors has appointed John Bethancourt as independent chair of the board.

    Innovative Design and Reducing Emissions

    Valve World Americas Publisher -
    Working to eliminate fugitive emissions is an ongoing process. Companies are developing new and innovative technologies every day to help in the fight against these emissions to reduce the risk to the environment and surrounding individuals.

    Curtiss-Wright to Acquire Ultra Energy

    Valve World Americas Publisher -
    Curtiss-Wright Corporation announced that it entered into an agreement to acquire the stock of Ultra Nuclear Limited and Weed Instrument Co., Inc. (“Ultra Energy”), a subsidiary of Ultra Electronics, for $200 million in cash.

    Conocophillips To Acquire Marathon Oil Corporation

    Valve World Americas Publisher -
    ConocoPhillips and Marathon Oil Corporation announced that they have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 billion, inclusive of $5.4 billion of net debt.

    Hess Shareholders Sign Off On $53 Billion Sale to Chevron

    Valve World Americas Publisher -
    Hess shareholders approved the proposed $53 billion merger with Chevron that paves the way for the No. 2 U.S. oil company to gain a prize asset and a foothold in rival Exxon Mobil's massive Guyana discoveries.

    IMI Unveils First HIPPS For Hydrogen Post-Production Processes

    Valve World Americas Publisher -
    IMI has unveiled what is believed to be one of the first high integrity pressure protection system (HIPPS) to protect against overpressure propagation during the hydrogen post-production process.

    Hillary Mercer, Executive Vice President (EVP) of Projects and Engineering at Shell, Visits Neway...

    Valve World Americas Publisher -
    Neway Valve Company had the privilege of hosting a visit by Hillary Mercer, Executive Vice President (EVP) of Projects and Engineering at Shell.
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