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Last updateFri, 20 Jan 2017 3pm

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Industry Headlines

Industry Headlines

Cameron Signs Two Long-Term Transocean Service Agreements

16 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

17 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

16 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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Philly Fed: Mid-Atlantic Business Activity Hits Two-Year High

-1 DAYS AGO

Economic conditions continued to improve in January, according to the Philadelphia Federal Reserve’s Manufacturing Business Outlook Survey. The index for current manufacturing activity in the region increased from a revised reading of 19.7 in December to 23.6 this month. Approximately 40% of t...

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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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Conval SaVD Safe Vent and Drains Provide Simple, Dual Sealing System

conval savd safe vent drainConval now offers an easy to retrofit, single-weld, OSHA-compliant safe vent drain for its Clampseal Y-pattern forged globe valves. The SaVD Safe Vent Drain enhances leak-free valve performance

and allows for fast, safe, environmentally-friendly venting and draining of piping systems. Safe depressurization is achieved in just one drip of fluid.

The SaVD Safe Vent Drain is available in ½” through 2” sizes, through ASME 2500 pressure class with NPT, butt weld or socket weld ends. Standard materials include Stainless Steel SA182-F316, A105 and F22. The SaVD features a HILTAP metal-to-metal wedge safety connector with two dynamic sealing surfaces, compact profile, ultra-safe residual pressure venting, and quick connectability to a gravity drain hose. The coupling locks under line pressure. Locking threads are located outside wetted volumes. Valve-mounted couplings may be steam cleaned and pressure-purged. Hooking up the SaVD with a matching HILTAP drainage pipe minimizes downtime, labor and environmental cleanup expense. The SaVD replaces low pressure bull plugs and screwed caps. The safe drain vent is manufactured to ISO 9001-2000 with full material traceability. CRN registration is available.

www.conval.com

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