VW Southeast Asia

Industry News

What’s happening and hot in the valve and actuation industry? Mergers and acquisitions, promotions, interesting development in end-user sectors, new project deals and so on.

PM dedicates Ramagundam fertilizer plant to the nation

Hon’ble Prime Minister of India recently dedicated the Ramagundam Fertilizer plant in Telangana, to the nation.

SNOC awards coiled tubing drilling contract to SLB

Sharjah National Oil Corporation has awarded a framework agreement to SLB to execute its new underbalanced coiled tubing drilling project.

Tamil Nadu eyes Rs 75,000 crore investments

The Tamil Nadu government plans to garner Rs 75,000 crore worth of investments through the aerospace and defence sectors

Bahrain announces two new natural gas discoveries

Bahrain's Oil and Gas Holding Company has announced two natural gas finds in the Al Joubah and Al Jawf layers says state news agency BNA.

Iran starts construction of research reactor in Isfahan

Iran has begun construction of a 10 MW pool-type light water reactor nuclear research reactor of its own design in Isfahan.

Foundation stone laid for C-295 aircraft facility

Prime Minister Narendra Modi laid the foundation stone of the C-295 Aircraft Manufacturing Facility in Vadodara, Gujarat.

Cremica Foods plans Rs 50–100 crore investments

Cremica Foods to invest moderately to scale up its existing manufacturing capacities with Rs 50–100 crore investments in four to five years.

Cairn gets the nod to extend PSC for Rajasthan block

Cairn Oil & Gas gets Ministerial approval to extend the production sharing contract at Rajasthan block by 10 years till May 2030.

McDermott awards SAFIRA fabrication yard contract

McDermott and Saudi Aramco mark construction contract for the Saudi Arabia Fabrication In-Kingdom Ras Al-Khair (SAFIRA) fabrication yard.

PTTEP continues to expand investment in UAE

PTTEP expands investment in the United Arab Emirates (UAE) by acquiring 25% participating interest in the Sharjah Onshore Area A from Eni.