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.