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.

Schlumberger acquires GEDCO

   Schlumberger acquired Calgary-based integrated geophysical survey design software and services provider, GEDCO, as part of the company's WesternGeco business unit.

New Western Energy signs deal with Carroll Energy

   Independent energy company involved in the exploration, development and production of oil, gas and other minerals, New Western Energy Corp.

OGX declares Waikiki commercial field

OGX Petroleo e Gas Participacoes SA, Brazilian independent driller declared its Waikiki oil field commercial, its first commercial declaration of an offshore oil discovery.   To be renamed Tubarao Martelo or hammerhead shark, in following with the Brazilian custom of renaming producing oil fields after marine animals, the oil field development plan is being finalized to be submitted to Brazil's National Petroleum Agency.

Curtiss-Wright acquires Amidyne product lines

Curtiss-Wright acquired the Versatile Measuring Instruments and Lisle-Metrix product lines from the Amidyne Group for an estimated US7million. The product lines consist of original equipment and re-engineered replacement products for obsolete equipment for the commercial nuclear power market.

Foster Wheeler contracted for Louisiana LNG facili

   A subsidiary of Foster Wheeler's Global Engineering and Construction Group has been awarded an owner's engineer contract by Sempra Energy affiliate Cameron LNG LLC, for a new LNG liquefaction project in Hackberry, Louisiana.

Neste Oil sells renewable diesel to U.S. market

   Neste Oil supplied its first batch of NexBTL renewable diesel fuel to the American market.

Santee Cooper finds possible nuclear unit buyer

Santee Cooper has another possible buyer interested in part of its stake in two new nuclear units under construction in the Midlands.  The state-owner utility signed a letter of intent with Columbus, OH-based American Municipal Power Inc.

GE Energy opens Chile manufacturing plant

   In order to provide reliable electrical distribution product and service solution to its customers in Latin America, GE Energy's Industrial Solutions business celebrated the opening of its new manufacturing facility in Santiago, Chile.

MRC announces first quarter results

The largest global distributor of valves, pipes and fittings and related products and services to the energy and industrial sectors, MRC Global Inc. announced it's first quarter 2012 financial results.

Montney shale play attracting investments

   According to a new report by business intelligence expert GlobalData, operators have been making significant investments in competing for valuable areas in Canada's Montney shale play.