Tag: production

Today, Crane announced the inauguration of its new Engineered Check Valves factory in Satara, Maharashtra.

China’s valve production will be moved to GWC ITALIA’s two existing plants (Italy and US) where new investments in capacity expansion have already been launched.

L&T Valves Arabia, a wholly-owned subsidiary of international company, L&T Valves, is setting up a new manufacturing facility in Saudi Arabia, making a key addition to the company’s global manufacturing network that comprises facilities in Houston (US), and Coimbatore and Kancheepuram (India).

Production losses associated with valve failures have made many companies become more stringent on product qualification. At first, this meant only the review of the valve design and related assumptions, gauging if the engineering behind them was sound.

Neles’ new valve technology center in Jiaxing, China, has started its operations. The new plant strengthens Neles’ valve and related products production capabilities and increases availability for customers across various process industries, in China and globally.

ExxonMobil said that a new unit at its integrated Beaumont, Texas facility has started operations, increasing production of ultra-low sulfur fuels by approximately 45,000 barrels per day.

Rising oil prices encouraged more spending by small and intermediate oil and gas companies in Western Canada during the first six months of 2018.

The U.S. government sees oil production further climbing next year. The Energy Information Administration sees U.S. crude output averaging 11.

The National Association of Manufacturers (NAM) has released the results of the Manufacturers’ Outlook Survey for the second quarter of 2018, which reveal that 95.

According to a new outlook by IHS Markit, oil production in the Permian basin is projected to rise nearly 3 MMbpd by 2023—a level of growth exceeding most recent estimates.