Saipem, new contracts in offshore drilling in Romania and Abu Dhabi
Saipem has been awarded new contracts in offshore drilling in Romania and Abu Dhabi worth over 160 million USD. According to one contract, the company will …
IVN Editorial Staff
Visual Healthcare announces closing of first acquisition Hi-Alloy Valve
Visual Healthcare (VSHC ) has closed on its initial acquisition target, Hi-Alloy Valve. VSHC’s CEO, Mr. Linh Nguyen, stated, “With a comprehensive product …
TechnipFMC awarded a significant integrated EPCI contract for Neptune Energy in the North Sea
TechnipFMC has been awarded a significant (between $75 million and $250 million) integrated Engineering, Procurement, Construction and Installation (iEPCI) …
Axflow acquires Irish Pumps & Valves Limited
AxFlow Ireland has announced its acquisition of Irish Pumps & Valves Limited, a major supplier of valves, actuators, pumps and ancillary equipment to the …
MRC Global launches a comprehensive digital supply chain solution for oil & gas pipe, valve & fitting purchases
This month, MRC Global introduced MRCGO, an end-to-end digital supply chain solution for pipe, valve and fitting (PVF) purchases. MRCGO, or MRC Global Online, …
Emerson helps complete first Caspian subsea project ahead of schedule, under budget
Emerson has completed its $48 million contract for automation systems and cloud engineering software-as-a-service for the Shah Deniz 2 project in Azerbaijan …
Schlumberger appoints Olivier Le Peuch as CEO
Schlumberger announced today that its Board of Directors has appointed Olivier Le Peuch as its Chief Executive Officer and member of the Schlumberger Board, …
Subsea valve actuator reduces energy consumption by up to 75%
Launched less than a year ago, Bosch Rexroth’s subsea valve actuator (SVA) – an entirely new concept for underwater actuators which offers SIL3 safety …
Circor to divest its upstream oil & gas engineered valve business
Circor International disclosed to dispose of its long-cycle upstream oil & gas engineered valve business to P&P Flow Control, an affiliate of Certina …
Steam turbine governor control upgrade in Poland
A chemical company in Poland decided to modernize a governor control system on a 16 MW Brak Zezwolenia (BZKG) steam turbine used for internal power …