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.

Statoil awarded 26 Gulf of Mexico leases

   Statoil was the highest bidder in the first lease sale in the Central Gulf of Mexico since March 2010, being awarded 26 leases.

Jacobs receives Chevron Phillips Chemical contract

Jacobs Engineering Group has been awarded a contract from Chevron Phillips Chemical Company LP (CPChem)to provide front end engineering and design services for two polyethylene facilities. The value of the contract has not been disclosed.

Funds for largest Americas petrochemical complex

Brazil’s Braskem SA and Mexico-based Grupo Idesa’s joint venture Grupo Idesa has received a USD$700 million line of credit approval by the Brazilian National Economic and Social Development Bank.

Suncor begins FPSO planned maintenance

    Suncor Energy has begun its planned maintenance shutdown of the Terra Nova Floating, Production, Storage and Offloading (FPSO) facility that operates offshore Newfoundland and Labrador in Canada.

ICA Fluor to construct Pemex GoM offshore platform

Empresas ICA, S.A. B de C.V. and Fluor Corporation industrial joint venture, ICA Fluor has signed a contract with Pemex Exploration and Production for the construction of an offshore production platform for the Ku-Maloob-Zaap field in the Gulf of Mexico.

Schlumberger releases stimulation tech delivery pl

Schlumberger introduced the SPARK stimulation technology delivery platform which through customer collaboration, combines stimulation technology, chemistry and exclusive techniques to provide a new solution to stimulation needs.   Schlumberger Well Services president Dominique Malard said, “We are supporting our customers by coupling our proprietary fluid systems, blending equipment and engineering expertise with non-Schlumberger pumping units.

Shell awards MRC Enterprise Framework Agreement

    Largest global distributor of pipe, valves and fittings to the energy industry MRC Global Inc.

Calpine signs power purchase agreement with Xcel E

      Calpine Corporation subsidiary Calpine Energy Services L.P. Signed a power purchase agreement (PPA) to provide Xcel Energy subsidiary Southwestern Public Services Co.

Expro wins subsea services contract

Expro wins subsea services contract Expro has secured a subsea services contract in the Gulf of Mexico (GOM) with global energy company Chevron U.S.A. Inc. The scope of work involves providing two 15ksi rated auxiliary strings complete with direct hydraulic umbilicals and reelers for tubing hanger operations for two projects in the deepwater Gulf of Mexico.

Copano expands to meet Eagle Ford demand

Copano Energy LLC will add 400,000Mcf per day of cryogenic processing capacity at its Houston Central complex in Colorado County, Texas, to meet producer demand in the Eagle Ford shale play.