Distribution Agreement: Union Tech &Wolseley Industrial
Union Tech and Wolseley Industrial Group recently signed an agreement for the exclusive distribution of Union Tech’s severe-service metal-seated ball valves (MSBV) and rising-stem ball valves (RSBV) throughout the Western U.S.
Celeros Flow Technology Officially Launches
Celeros Flow Technology has recently launched as a standalone company following SPX Flow Inc’s recent divestment of its Power & Energy division to an affiliate of funds managed by private equity company Apollo Global Management Inc.
Fire-Safe Thermal Shutoff Valve from Assured Automation
Assured Automation's FM Fire-Safe Thermal & Electro-Thermal ball & butterfly valve assemblies are FM approved for use in flammable liquid or gas applications.
OPEC Take Steps to Stabilize Oil & Gas Market
OPEC (Organization of the Petroleum Exporting Countries) is attempting to stabilize the volatile oil and gas market. In combination with efforts by the G20 and International Energy Agency, OPEC’s new deal could result in a reduction of up to 20 million barrels of oil per day (bpd) from circulation, therefore decreasing excess stockpiles and helping to drive up prices.
What Block Valves are Used in Offshore Production?
The energy crisis of the 1970s ended the era of cheap oil, and it also started a race for offshore production. When the barrel price crossed the double-digits barrier, the higher costs for developing more complex drilling and production systems became justified.