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The International Association of Oil & Gas Producers (IOGP) is one of the most relevant voices of the global oil & gas industry. It is the industry’s global forum in which members identify and share best practices.

Valves can be found everywhere - in a home, in a car, at a business – but they are not created equally. Sure, they employ similar fluid-controlling mechanisms and may even share some of the same materials specifications, but they differ in one very important way: the standards they comply with.

Valves are used for a wide variety of applications throughout the industrial, commercial, and residential communities. Valve manufacturers are required to meet certain standards of quality to manufacture, operate and provide products that are certified to the customer specific operating conditions for their applications.

In the last few years, there has been a rise in the demand for the steel casting industry. Increase in consumer demands for components in various markets such as mining, oil, gas, and power generating industries, agricultural sector, and other manufacturing industries, drives the growth of the global steel casting market.

Nickel is one of the most versatile metals currently available. It is resistant to high temperatures, corrosion, and oxidation, among other features, making it a key component in a wide variety of everyday objects. Nevertheless, one thing this essential metal is not impervious to, as everyone has learned over the last couple of years, is global supply chain disruptions.

If you are new to the valve industry, it is very easy to feel overwhelmed by the number of different types of valves one might encounter: ball, butterfly, gate, globe, knife, check, diaphragm, pinch, safety relief, solenoids, … wait, what? Are ball valves and solenoid valves in the same category? No, they are not.

Managers of valve companies urgently need a more flexible strategy based on a range of market forecasts. The impact of COVID-19 and the Chinese tariff war pale in comparison to the crisis in Eastern Europe.

There are currently a group of chemicals which have been placed in the spotlight and are receiving significant attention. Per-and polyfluoroalkyl substances (PFAS) are being discussed in the media and are constantly referenced as substances that will lead to the next industrial disaster.

Though experts largely feel extremely confident in the ability to control the specification of the proper materials and components, utilize the proper tools, and calculate the correct torque values; one critical and often overlooked variable still looms large.

How to Quantify the True Cost of Inaction? Many of us have heard of lean initiatives such as predictive maintenance.