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.

Velan opens India facility

Velan Inc. wholly owned subsidiary Velan Valves India Pvt. Ltd. (VVI) located in Coimbatore, Tamil Nadu, India, opened its new manufacturing plant in December. The opening was celebrated with a special inauguration ceremony, presided over by President and Chief Executive Officer of Velan Inc.

Water flows in Niagara Tunnel Project

Reaching another milestone in the construction of a third hydro tunnel built below the city of Niagara Falls, Ontario, Canada, water has begun to fill up the intake area at the Chippawa end of the Niagara Tunnel Project.

U.S. Geothermal project begins operations

Renewable energy company focused on the development, production and sale of electricity from geothermal energy, U.S.

Valve World Expo 2012 Re-cap

Valve World Expo 2012: Three Days of Technology Power at the Top Level in Düsseldorf With excellent business contacts and prospects of promising post-event deals, Valve Word Expo 2012, the international trade fair for industrial valves and fittings, has come to an end for exhibitors and visitors in Düsseldorf.

ADIPEC 2012 promotes sustainable energy growth

Held from 11-14 November in Abu Dhabi, the 2012 ADIPEC again proved to be a superb platform for the oil and gas industries in the Middle East. Combining a leading conference as well as a major exhibition, the ADIPEC draws in supply companies and visitors from around the globe. Valve World used the occasion to talk to some of the valve and actuator suppliers active in the region.

Foster Wheeler acquires Canadian engineering compa

Foster Wheeler AG has acquired Three Streams Engineering, Ltd., a privately held engineering company located in Calgary, Alberta, Canada. “The acquisition of Three Streams is part of our stated strategy to grow the upstream capabilities and the geographic footprint of our Global Engineering and Construction Group,” said Chief Executive Officer of Foster Wheeler AG, Kent Masters.

BP completes sale of GoM assets to PXP

BP has sold a number of its oil and gas fields in the deepwater U.S. Gulf of Mexico to Plains Exploration & Production Company (PXP).

Marathon Oil sets for further U.S. exploration

Marathon Oil Corporation has announced a $5.2 billion capital, investment and exploration budget for 2013. About $1.9 billion, of which is targeted to the Eagle Ford shale play in Texas.

Tullow makes discovery offshore French Guyana

After recent speculation in French media, Tullow Oil plc has announced that the Zaedyus-2 appraisal well (GM-ES-2), offshore French Guiana, has completed drilling.

Easi-Drive provides safe, economical valve operati

 Smith Flow Control has ushered in an affordable way for companies to safely manage valve operations. The Easi-Drive portable valve actuator securely and effectively operates valves in power plants, oil refineries, paper mills and chemical processing facilities. One operator can efficiently operate multiple valves with a single tool while reducing fatigue and injury risk.