News

The Valve Manufacturers Association (VMA) will be hosting its Annual Meeting, a premier gathering of valve and actuator industry leaders in North America, from October 3rd to 5th. During the meeting, VMA will be celebrating its 75th Anniversary to mark its important role in strengthening an industry that is the backbone for so many others.

Subsea 7 S.A. has been awarded a contract with a value of approximately US$400 million from Petrobras. The contract is for the operation of the Pipe Lay Support Vessel (PLSV) Normand Seven on a day rate basis for around five years, with operations starting in the fourth quarter of this year. The vessel has operated for Petrobras for several years and is currently under contract with this client.

Metso will deliver a significant order consisting of 38 feeders for the major Mexican copper mine Buenavista del Cobre, owned by Grupo Mexico.

MRC Global has completed the previously announced acquisition of the operating assets of Dan H. Brown, D/B/A Flow Control Products (Flow Control).

Parker Hannifin Corporation, the global motion and control technologies company, has introduced the Viking Lite Valve Series, a new low-cost inline solenoid valve.

BP announced has completed the commissioning and start-up of its new 250,000 barrel-per-day (bpd) crude distillation unit at the Whiting Refinery, marking a major milestone in the multi-billion dollar upgrade of the facility in Northwest Indiana. “The safe start-up of this large sophisticated crude-processing unit at the Whiting Refinery has returned the refinery to its nameplate processing capability of 413,000 barrels per day — initially of mostly light, sweet crude — and paved the way for the remaining upgrades to the plant to be brought on-line”, said Iain Conn, chief executive of BP’s refining and marketing segment.

The Hyundai-Wison consortium has selected Technip to supply proprietary technology as well as engineering and procurement services for its two hydrogen reformers in Venezuela.

Metso’s new line of Neles globe control valves launched last year, which targeted the Asia Pacific, Chinese and Indian petrochemical, refining and oil & gas industries in its first phase, will be launched globally in 2014. The new globe control product line builds and expands on technology and service capabilities acquired when Metso purchased the South Korean company Valstone Control in 2012.

Seadrill and SapuraKencana Petroleum Berhad’s jointly owned entity, Sapura Navegação Marítima (SNM), Brazil has been contracted by Petróleo Brasileiro (Petrobras) to charter and operate three Pipe Laying Support Vessels (PLSVs).

ACS Valves introduces a new line of cast iron rotary airlock valves designed to extend the primary process optimisation benefits typically associated with high-end, specialty-application valve designs to general industry.