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Last updateFri, 29 Apr 2016 5pm

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Food and Beverage Processing

Food and Beverage Processing

When wandering the grocery store aisles,...

Variable Frequency Drives in Electric Actuators

Variable Frequency Drives in Electric Actuators

Electric actuators are vital for operati...

Braided Packing: An Old Technology with a Modern Twist

Braided Packing: An Old Technology with a Modern Twist

Compression packing is the primary metho...

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Industry Headlines

Rotork Acquires Mastergear from Regal Beloit

1 DAY AGO  |  Chris Guy

Rotork has acquired the entirety of Mastergear’s business and assets from Regal Beloit Corporation for $25 million on a cash-free and debt-free ...

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Industry Headlines

Rotork Acquires Mastergear from Regal Beloit

1 DAY AGO

Rotork has acquired the entirety of Mastergear’s business and assets from Regal Beloit Corporation for $25 million on a cash-free and debt-free basis and a value of inventory that will be finalized at the end of a transition service agreement.

Mastergear will become part of Rotork's Gears divis...

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Emerson Opens New Helix Innovation Center

2 DAYS AGO

Emerson announced the launch of its “Helix” initiative, including the opening of The Helix innovation center, an industry-first, $35 million hub dedicated to advancing research and education for the global heating, ventilation, air conditioning and refrigeration (HVACR) industry. The new ...

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Energy Sector Weighs on Construction Starts

2 DAYS AGO

At a seasonally adjusted annual rate of $660.5 billion, new construction starts in March receded 1% from February’s pace, according to Dodge Data & Analytics. Total construction starts had jumped 13% in February, led by a huge gain for the electric utility and gas plant category. The dolla...

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Chevron Investing Billions in The Permian Basin

3 DAYS AGO

At Chevron’s annual security analyst meeting last month, chairman and CEO John Watson said that his company plans on investing billions into oil & gas projects in the Permian Basin.

According to the Hobbs News-Sun , Watson predicted they could be pumping up to 350,000 barrels a day out of West ...

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House Passes Bill To Lower Import Tariffs On Manufacturers

2 DAYS AGO

This week, the House voted 415-2 for the American Manufacturing Competitiveness Act of 2016. The bipartisan, bicameral bill reforms the way Congress considers legislation for suspending tariffs on products not made in the U.S., what some are calling, “manufacturing tax breaks.” The legis...

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Texas Manufacturing Index Shrinks More Than Forecast

4 DAYS AGO

Texas factory activity increased for a second month in a row in April, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, rose from 3.3 to 5.8, suggesting a slight pickup in output growth.

Perce...

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Whistle-Blower: Undersized Valves Could Cause Another Gulf Catastrophe

David Perry, a lawyer for whistle-blower Kenneth Abbott, a former BP contractor, has asked a federal court in Houston to shut down BP’s Atlantis platform until it’s proven to comply with U.S. environmental and safety laws. Abbott was an engineering documentation supervisor on Atlantis.

In his statement to U.S. District Judge Lynn Hughes, Perry said that a specific pressure-relief valve on a 16 inch pipeline which connects Atlantis to shore is “undersized by a factor of 20 to 1.” If that valve were to fail, “it could cause catastrophe.”

Abbott told the U.S. Congress in a June 2010 testimony that, contrary to regulations, almost 90% of Atlantis’ design and construction drawings had not been approved by licensed professional engineers. He said that BP lied about its engineering certifications to get the operating permits for the platform.

Perry alleges that BP’s own service and operations audit showed 150 of 500 pressure relief valves on Atlantis never received proper sizing calculations. He said that some of them were “under-sized by very large amounts” and that Atlantis has experienced lapses in well control when subsea valves opened and closed on their own.

Federal regulators with The Department of the Interior have dismissed Abbott’s allegations, saying that the deficiencies in BP’s documentation did not pose serious safety risks.

For the full story on the Federal lawsuit, visit Bloomberg

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