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.
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Cameron signs subsea contract with Petrobras

Petrobras has renewed its CAMSERV aftermarket services contract with Cameron in support of developments offshore Brazil. This agreement is a continuation to the contract previously signed in 2007. The agreement will be managed from Cameron’s service center in Macae and the facility will support Petrobras operations with inspection, maintenance, repair and remanufacturing, storage and offshore installation services.

Power plant upgrade set for Texas

The Lower Colorado River Authority (LCRA) has awarded Fluor Corp an engineering, procurement and construction (EPC) contract for its new 540MW combined cycle Ferguson Replacement Project near Marble Falls, Texas.

Hydraulic proportional valves debuted

Parker Hannifin debuted its new range of ATEX approved directly operated hydraulic proportional valves designed for use in Zone 1 areas at Offshore Europe in September. Featuring explosion proof solenoids, the D1FB*EE is available with the option of spool/sleeve design for precision or spool/body design for high nominal flow characteristics and has extremely low levels of hysteresis.

API: jobs would come with U.S. energy production

The American Petroleum Institute has released a report indicating that proposals to expand offshore oil drilling, boost production of natural gas in New York and other states and build a Canada-to-Texas oil pipeline could boost the U.

Excelerate Energy awards VT3 contract

DSME has been selected by Excelerate Energy to build a new floating storage and regasification unit (FSRU) to be utilized by Petrobras, which has designated the ship VT3. Said to be the largest vessel of its kind, the vessel will deliver 20 million cum/day of natural gas to the Southeast Region of Brazil.

Innovative triple offset valve

Tyco Valves & Controls has released its large bore triple offset valve. The RMI Dubex butterfly valve features a resilient seat and disc seal. Supported by in-depth test data and calculations, the valve is approved to KIWA, KTW, PED/CE and ATEX standards.

GE acquires

GE Energy has announced that it has acquired Converteam for USD 3.2 billion. As part of the growing trend of electrification in the oil and gas industry, its technologies are used to drive mission critical customer equipment in the production and transportation of hydrocarbons, said GE in the announcement.

Proserv set to expand

Proserv has created a new platform for robust and sustainable growth after restructuring its business into a fully integrated global organisation with a new company brand and fresh strategic focus.

New economical electric actuators

The EPZ series of industrial electric actuators was recently released by Hayward Flow Control. The EPZ Series is an economical solution for small diameter ball valves and well suited for tight-space applications.

Initec to build gas-fired plant in Brazil

Initec Energia has secured a $364 million contract from MPX Energia to construct a 500MW combined-cycle gas-fired power plant in Maranhao, Brazil. The project is expected to begin commercial operations in 2014, reports Bloomberg.