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.

    GeoPark announces Colombia acquisitions

    Heat Exchanger World Publisher -
       GeoPark Holdings, Latin America-focused oil and gas group, acquired two production and exploration companies, Winchester Oil & Gas and La Luna Oil, for USD30 million in cash, adjusted for working capital.

    Samson producing oil from Wyoming well

    Heat Exchanger World Publisher -
        After installing new facilities at its Defender US33 2-29H well in the Hawk Springs project in Goshen County, Wyoming, Samson Oil & Gas has successfully produced oil.

    Haydon Kerk 36mm linear actuator

    Heat Exchanger World Publisher -
        Haydon Kerk Motion Solutions has released a new version of its popular 36mm G4 linear actuator.

    Voyager closes on USD150 million credit facility

    Heat Exchanger World Publisher -
    Voyager Oil & Gas, Inc. closed on a USD150 million credit facility with Macquarie Bank Ltd. To allow Voyager to accelerate development and production growth in the Williston Basin for Bakken and Three Forks well development, production growth and acquisition in the Williston Basin, the facility will be used to retire existing debt.

    New valve position monitors

    Heat Exchanger World Publisher -
    K Controls has released two new valve position monitors for use in the oil, gas and petrochemical industries.

    ShawCor signs Ichthys pipecoating contract

    Heat Exchanger World Publisher -
        ShawCor Ltd.’s pipecoating division, Bredero Shaw has received a more than USD400 million contract with Mitsui & Co.

    Secova signs LOI for Taman licence

    Heat Exchanger World Publisher -
    Secova Metals Corp. signed a Letter of Intent to acquire 100% of the outstanding shares of Taman Petroleum Corporation, a private Alberta, Canada based company that owns 8% of the South Temryuk Oil & Gas Exploration-Exploitation Licence in the mature Azov-Kuban petroleum region of Russia.

    Petrobas extends PDVSA refinery deadline

    Heat Exchanger World Publisher -
    Brazil’s Petrobas has allowed its Venezuelan state oil company counterpart PDVSA to extend the deadline to make its contribution to the long delayed Abreu e Lima refinery project in northeast Brazil.

    Arctic Hunter SK well production increases

    Heat Exchanger World Publisher -
        Arctic Hunter Energy Inc.'s recently completed well on their core heavy oil operating Landrose property in west central Saskatchewan began production in late January.

    Keystone XL start-up pushed back to 2015

    Heat Exchanger World Publisher -
          TransCanada Corp.'s controversial Keystone XL oil pipeline schedule has been delayed further, with the expected start up date now being pushed back to 2015 instead of its previously anticipated 2014 commencement.
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