01252021Mon
Last updateWed, 20 Jan 2021 8pm

Baker Hughes Selling SPC Flow Unit to Pelican Energy Partners

Pelican Energy Partners LP has an agreement to purchase the assets of the Surface Pressure Control Flow (SPC Flow) business unit of the Oilfield Equipment segment of Baker Hughes. Pelican is working in cooperation with the management team of SPC Flow to carve-out the business unit as a stand-alone business wholly focused on providing pressure control products and services primarily in the U.S., with operations also in Australia, Papua New Guinea and Trinidad & Tobago.


Charbonneau Industries, Flowserve Supplying Philips 66

Philips 66 has awarded a contract to Charbonneau Industries, Inc (Ci) for additional mainline valves for their C2G Ethane Pipeline System. The system connects the growing Philips 66 storage complex at Clemens Caverns to a new JV petrochemical complex near Gregory, TX. Ci OEM Pipeline Platform Partner, Flowserve, will provide electric actuators for this project. Ci will continue to provide project management, V&A mount, set, extended testing, coating, logistics and storage as necessary for the Philips 66 project. JV partners ExxonMobil and SABIC are continuing to develop the complex which is expected to go into service mid next year.

Optimation Technology Wins 2020 Safety Award of Merit

Optimation Technology, Inc. is a recipient of the 2020 Safety Award of Merit from the Fabricators & Manufacturers Association, International (FMA). The annual awards recognize metal fabrication companies committed to excellence in safety. Award winners are determined by the FMA Safety Council and the awards are sponsored by CNA.

The 2020 Safety Award of Merit is presented to companies posting an injury and illness incidence rate for the calendar year 2019 that is better than the published Bureau of Labor Statistics rate by 10% or greater, based on their North American Industry Classification System code.

Rawson/Industrial Controls Adds Flowserve as Texas Distributor

Rawson/Industrial Controls, an ERIKS North America company, announced an agreement with Flowserve, a leading provider of flow control products and services for global infrastructure markets, to offer its valves and actuation products throughout the state of Texas.

As a result of the agreement, Rawson/Industrial Controls customers throughout Texas will now have access to Flowserve Limitorque electronic and pneumatic valve actuators, PMV valve positioners, Atomac lined valves, Durco valves, McCanna and Worcester Controls ball valves.

Emerson Agrees to Purchase Open Systems International

Emerson has agreed to acquire Open Systems International, Inc. (OSI Inc.) for $1.6 billion in an all cash transaction. OSI Inc. is a operations technology software provider. The acquisition is expected to close in early fiscal 2021, subject to various regulatory approvals and other customary closing conditions.

OSI Inc. is headquartered in Minneapolis, MN and has approximately 1,000 employees globally.

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