Oil and Gas News

PJ Valves (PJV), a supplier of valves to the energy industry, has won three significant floating production and offloading (FPSO) valve contracts for projects located in Brazil, Mexico and Nigeria. Under the Brazilian contract, PJV will manufacture and supply to a project in the Santos Basin, delivering a range of globe and check valves made from carbon stainless steel, duplex and Inconel clad…
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The Weir Group has released its interim results for the first half of 2019, reporting operating profits of £172 million (€187.6 million), an increase of 5%. The Glasgow-headquartered engineering company highlighted a 17% order growth for H1, benefitting from its recent portfolio transformation. The sale of its Flow Control business was completed for an enterprise value of £275 million…
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Flow equipment provider Metso has signed new distributor agreements with eight European partners for its valve business, during the first six months of 2019. The agreements include: Eck Boro in Switzerland; Gemza in Azerbajan; Geryon in Bulgaria; Mach in Germany; PCE in Portugal; PMS in Austria; Reflow in Slovakia; and Rombet in Romania. The new European distributors serve a range of…
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