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.

Israel/El Salvador alliance for wave technology

El Salvador's El Esplendor Development Corp and Israel's SDE Wave Power Plants company have formed an alliance to execute Wave Power Technology in California and El Salvador.   SDE is a leader in planning, building and marketing power stations that produce power from ocean waves.

CB&I to acquire Shaw

   Chicago Bridge & Iron has entered into a definitive agreement to acquire Shaw Group. Shaw Group is a Fortune 500 company, primarily servicing customers in the power generation and the government services sector.

Curtiss-Wright awarded energy management grant

Curtiss-Wright Flow Control Company's Cheswick, PA-based EMD business unit has been awarded a USD$25,000 grant from the United States Department of Energy (DOE) sponsored Pennsylvania Technical Assistance Program.

Oil States to acquire Piper Valve Systems

Oil States International Inc. subsidiary Oil States Industries Inc. has entered into a definitive asset purchase agreement to acquire Piper Valve Systems Ltd.   Oklahoma City, OK-based Piper Valve Systems designs and manufactures hig-pressure valves and manifold components for offshore, onshore and subsea oil and gas projects.

PNNL receives $1million nuclear research grant

As part of a Department of Energy (DOE) initiative to help restart the United States' nuclear industry, Pacific Northwest National Laboratory has been awarded almost USD$1 million. To help improve reactor safety, performance and cost competitiveness and to help solve challenges in the nuclear industry, DOE awarded USD$10.

McDermott awarded Discovery System GoM platform co

A subsidiary of McDermott International Inc. has been awarded a contract for offshore facilities in the Gulf of Mexico, by the Discovery system.

Fluor & Construcap form Brazil joint venture

Fluor Corporation has formed a new joint venture called CFPS Engenharia e Projetocs, S.A. with Sao Paolo, Brazil-based Construcap to pursue engineering, procurement and construction management projects in the country.

Brazil contractors share Santos basin topsides awa

A consortium led by Petrobras has authorized 10 contracts for six topsides modules. The contracts are valued at $4.5 billion.

Nuclear reactor test facility in Virginia is opera

Babcock & Wilcox Co.'s test facility for its new class of mini nuclear reactors is fully operational. The Integrated System Text facility in Bedford County, Virginia will test the mPower modular reactor's design and performance by simulating energy generated by a nuclear core through heating the reactor electrically.

Jacobs awarded contract from Braskem

Jacobs Engineering Group Inc. announced it has been selected to provide professional technical services for Braskem, the largest thermoplastic resin producer in the Americas, at portions of the Marcus Hook Refinery they recently acquired, near Philadelphia, Pa.