News

The Wm. Powell Company and A.W. Chesterton Company, announced an agreement in which Chesterton will become the exclusive supplier of the low-emissions packing technology in Powell Valves.The agreement allows Powell to produce valves with low-emissions packing technology that are compliant with the new API 624 standard for industrial fugitive emissions and meet the latest Environmental Protection Agency regulations.

The oil castor services company, Wood Group, has acquired Sunstone Projects, a pipeline consulting company based in Calgary, Canada.

Velan ABV S.p.A. has appointed Paolo Ranieri as its new Managing Director/Chief Executive. Paolo will be bringing a critical mix of management expertise and technical knowledge to his new position.

AMPO Poyam Valves will supply a series of cryogenic valves for a number of LNG facilities across the world. These include Shell-Prelude FLNG, the world’s first LNG liquefaction offshore floating facility; Sabine Pass LNG Liquefaction project, the world’s first bi-directional facility capable of exporting gas in addition to degasifying imported LNG; Dunquerke LNG, the largest terminal in continental Europe, and Hitachi LNG, an LNG Terminal located in Ibraki Port, Hitachi City.AMPO Poyam Valves designs and manufactures valves for the complete gas chain from gas treatment facilities to offshore, onshore and marine projects.

Petrobras has published updates on their recent drilling activities throughout South America for the first three months of 2014.

Subsea 7 announced the award of a lump sum contract valued at approximately USD 110M by Shell for the installation of jumpers, umbilicals and associated subsea structures for the BC-10 Phase 3 Project in the Campos Basin offshore Brazil.Project management and engineering will be performed from Subsea 7’s offices in Rio de Janeiro and will commence in Q1 2014.

Both Duke Energy and Piedmont Natural Gas have jointly issued a solicitation to propose the building and operating of a second wholesale natural gas pipeline going into North Carolina.

Plaintree Systems is a diverse company with proprietary technology and manufacturing capabilities in structural design, aerospace and telecommunications. The company’s product line of specialty structures includes the former Triodetic Group, a designer and builder of aluminum and stainless steel structures.

Devon Energy Corporation, an oil and gas exploration company has announced the completion of the sale of its Canadian conventional assets to Canadian Natural Resources Limited for C$3.125 billion.

KROHNE introduces OPTISONIC 7300 Biogas ultrasonic flow meter as dedicated flow meter for biogas applications. The device is a specialised version of the OPTISONIC 7300 ultrasonic gas flow meter for process gas applications.Biogas presents a number of challenges to flow measurement, such as low pressure and low flow rates, changes in gas composition and high water content.