Skip to main content

Gas processing

GlobalData: oil and gas industry contract value increased in 2022

The rollercoaster ride of the COVID-19 pandemic appears to be coming to an end, with contract activity returning to normal for the global oil and gas industry, despite the ongoing Russia-Ukraine conflict and volatility in crude oil prices.

 
 
 
 
 
 
 
 
 

AVEVA releases new AI-powered software

AVEVA has launched its AVEVA Predictive Analytics software – purpose-built for predictive monitoring of industrial assets in oil and gas, power, chemicals, mining and minerals, and manufacturing.

 
 
 
 

Growing European LNG demand to intensify competition with Asia

Europe’s increased need for LNG looks set to intensify competition with Asia for limited new supply available over the next two years, and may dominate LNG trade over the longer term, according to Shell’s LNG Outlook 2023.

 

Flowserve to acquire Velan

Flowserve, a provider of flow control products and services for the global infrastructure markets, and Velan, a manufacturer of industrial valves, have entered into a definitive agreement under which Flowserve will acquire Velan.