02142016Sun
Last updateFri, 12 Feb 2016 5pm

i

Introduction to Pressure Relief Devices - Part 1

Introduction to Pressure Relief Devices - Part 1

When the pressure inside equipment such ...

Is Your Company Ready for The New Reality?

Is Your Company Ready for The New Reality?

Since August, 2015, when VMA’s 201...

Offshore Oil Extraction and Transportation

Offshore Oil Extraction and Transportation

Offshore oil facilities come to the fore...

SubscribeWNT16

Read the latest digital edition

Subscribe to the digital edition

Subscribe to the print edition

Subscribe to the biweekly VALVE eNews

BUYERS GUIDE 300x220

New Products

  • ja-news-2
  • ja-news-3

Industry Headlines

Advertisement
i

Industry Headlines

ITT Reports 2015 Fourth-Quarter, Full-Year Results

1 DAY AGO

On a GAAP basis, ITT delivered revenue of $2.5 billion in 2015, reflecting a 6% decline, primarily due to the impact of unfavorable foreign exchange of $194 million. GAAP operating income increased 43%.

Organic revenue in the Industrial Process segment decreased 6%, reflecting strength in short-cyc...

Readmore

MRC Global Signs Agreement to Sell OCTG Business

2 DAYS AGO

MRC Global Inc. has entered into a definitive agreement to sell its U.S. Oil Country Tubular Goods (OCTG) business to Sooner Pipe, LLC, a subsidiary of Marubeni-Itochu Tubulars America, Inc., for $48 million, subject to certain adjustments.

MRC Global's U.S. OCTG sales were approximately $305 milli...

Readmore

EPA Halts Implementation of Clean Power Plan

1 DAY AGO

Earlier this week, in a 5-4 decision, the U.S. Supreme Court granted an industry motion to stay the EPA’s Clean Power Plan while the lower courts determine its legality. Last fall a lawsuit was filed on behalf of more than two dozen states, utilities and industry groups.

“States did not...

Readmore

IHS: North American Drillers Need Billions More in Cuts

3 DAYS AGO

The depressed oil price environment is painting a gloomy outlook for North American exploration and production (E&Ps) companies, and further, significant CAPEX cuts are needed in order for the group to demonstrate real financial discipline and align spending more closely with cash flow, accordin...

Readmore

U.S. Job Openings Climb to Second-Highest Level on Record

4 DAYS AGO

The number of job openings increased to 5.6 million in December, the second highest number ever recorded, the U.S. Bureau of Labor Statistics reported today. Hires and separations were little changed at 5.4 million and 5.1 million, respectively. Within separations, the quits rate was 2.1%, and the l...

Readmore

Machine Tool Orders Rose in December, Down in 2015

4 DAYS AGO

The U.S. Manufacturing Technology Orders report for December 2015 showed that order values grew 20.4% compared to the prior month, according to The Association for Manufacturing Technology (AMT). For all of 2015, the year’s total orders were down 17.4% compared to 2014.

While the month-to-mon...

Readmore

Cameron’s Flow Control Division Ships 2,500th Subsea Choke

cameron subsea chokeCameron’s Flow Control division (FLC) celebrated a milestone in June of this year when it shipped its 2,500th subsea choke out of its state-of-the-art Subsea Center of Excellence in Longford, Ireland.

From its first subsea choke supplied back in 1975, Flow Control has become a premier global subsea choke supplier in the oil and gas industry. This position is maintained by an active Research and Development (R&D) vision, combined with New Product Development (NPD) strategies focused on meeting the ever evolving and demanding requirements of subsea production. With non-retrievable and insert-retrievable 10 and 15ksi rated subsea chokes in nominal sizes up to 8 inch as well as the 20k subsea choke technology, which is currently in development, Cameron’s Flow Control division covers market requirements worldwide.

Flow Control launched the new CC80SR, an 8-inch nominal insert retrievable production choke with a 1,000 CV capacity, during Offshore Europe 2011 in Aberdeen. This choke was developed and qualified for large bore gas projects in Australia and elsewhere. Flow Control’s subsea product’s goal is simple: “To continually develop new products and technologies to meet the challenging demands of the oil and gas sector.”

With its active R&D commitment and NPD strategies, Cameron’s Flow Control division will continue to provide innovative solutions to the subsea choke market for future subsea oil and gas discoveries.

For more information, contact Thomas Erwin: This email address is being protected from spambots. You need JavaScript enabled to view it.

Advertisement

  • Latest Post

  • Popular

  • Links

  • Events