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Industry Headlines

Industry Headlines

Cameron Signs Two Long-Term Transocean Service Agreements

12 HOURS AGO

Cameron, a Schlumberger company, has signed two 10-year pressure control equipment management service contracts on behalf of Transocean valued at greater than $350 million.

The first contract calls for Schlumberger to manage Transocean’s Cameron risers in the Gulf of Mexico. This comprehensive ag...

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Total Valve Systems, Continental Disc/Groth Sign Distributorship Deal

13 HOURS AGO

Total Valve Systems (TVS) announces a new distributorship with Continental Disc (CDC) and Groth Corporation. The two companies will provide customer service and relief & vacuum products to customers worldwide. Total Valve Systems will be responsible for sale and distribution to Oklahoma, Kansas, T...

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Plains All American Expanding Cactus Pipeline Capacity

12 HOURS AGO

Plains All American (PAA) Pipeline, L.P. is expanding the capacity on its Cactus pipeline from McCamey to Gardendale, TX to approximately 390,000 barrels per day. The expansion will allow PAA to move increasing production volumes from the Permian Basin to Corpus Christi and other delivery points along...

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New Investments Spur Permian Oil Production Increase

1 DAY AGO

The Department of Energy (DOE) said on Tuesday that oil production in the Permian Basin could increase by 53,000 bpd by next month. According to the Energy Information Administration (EIA), that is the largest monthly increase in the region in a year.

“The EIA’s first shale oil forecast o...

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Industrial Production Sees Largest Rise in More Than Two Years

1 DAY AGO

Industrial production rose 0.8% in December, the largest increase since November 2014, after falling 0.7% the previous month. For the fourth quarter as a whole, the index slipped 0.6% at an annual rate.

Manufacturing output moved up 0.2% in December, as an increase in durable manufacturing outweighed d...

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IMF Raises U.S. Economic Growth Forecast

2 DAYS AGO

After a lackluster outturn in 2016, economic activity is projected to pick up pace in 2017 and 2018, especially in emerging market and developing economies. However, the International Monetary Fund (IMF) noted in its new World Economic Outlook, there is a wide dispersion of possible outcomes around ...

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ASCO Introduces Stainless Steel Pilot Valves for Offshore Applications

asco 8361 seriesASCO Numatics has introduced the 8361 Series of stainless steel pilot valves. The series' unique design eliminates the dormancy or "sticking" problems that can occur in control valves installed in the pneumatic logic panels that control monitoring safety systems in offshore oil and gas production facilities. In addition, the valve line was launched with online tools that permit rapid product configuration and ordering.

 

The 8361 Series (¼-inch NPT, 3-way, 316L stainless steel) valves are offered in manually operated, air-piloted, and solenoid-piloted versions. They can be configured as breathing and nonbreathing. The non-breathing version isolates internal components from the atmosphere and is internally vented, preventing contaminants such as salt and dust to enter the valve and corrode internal components.

The valve's balanced design maintains the same flow characteristics when the valve is used in a normally open or normally closed configuration. This provides symmetrical flow that enables more flexible setup of the control panel's pneumatic logic. The 1.4 Cv provides almost double the flow of comparable spool technology. In addition, the valve's innovative pilot-selector design allows the same unit to be used as an internally or externally piloted solenoid valve, simplifying ordering and reducing inventory.

The 8361 Series' solenoid version comes with ASCO's renowned RedHat solenoid - recognized as the most reliable in the industry. Its 0.55-watt power consumption is three times less than competitive valves.

For more information, visit www.ascovalve.com/offshore.

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