News

Weir Oil & Gas has recently joined with MTU to develop power systems that are engineered for use during hydraulic fracturing that occurs during the completion stage of shale oil and gas projects.

UniTorq Actuators & Controls introduced the new UT-ZM declutchable gear override. Available in torque outputs ranging from 1,770 to 61,995 in lbs, the UT-ZM provides a safe, cost-effective solution for manual control of the valve whenever air supply or power to a pneumatic actuator is lost.

ASCO Numatics, the manufacturer of comprehensive fluid automation, flow control and pneumatics solutions, has extended its 212 series to include 3/8” and 1” pipes sizes that incorporate the FasN universal connection system.

McDermott International has appointed Mr. Gary P. Luquette as the new non-executive chairman of the board of directors.

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.

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.