Skarpenord AS and Xtronica AS formed a new joint venture, Skarpenord Xtronica Pte Ltd, in Singapore to combine valve control and automation technologies for maritime and offshore clients across Asia-Pacific.
Ampo Poyam Valves is designing and manufacturing over 1,200 severe service gate, globe and check valves for the CRISP refinery in Singapore, an EPC project by Tecnicas Reunidas for Exxon Mobil. Most valves will be produced at Ampo's India plant in Coimbatore, which Exxon Mobil approved for this project.
Rotork received an order for 1,300 actuators for tunnel ventilation on Singapore's Thomson MRT line after a successful fire test, announced October 12, 2017.
Weir Oil & Gas agreed to acquire KOP Surface Products, a Singapore-headquartered provider of wellheads, surface trees, valves and actuators with 450 employees, for an enterprise value of US$114 million. Completion is expected in Q3 2017.
Akastor ASA agreed to sell KOP Surface Products, a Singapore-based supplier of wellheads, trees, valves and actuators, to The Weir Group for USD 114 million on a debt- and cash-free basis. Closing is expected in Q3 2017.
Heerema Marine Contractors chose Emerson Automation Solutions to supply a valve remote control system for the SSCV Sleipnir, under construction at Sembcorp Marine's shipyard in Singapore.