Yokogawa Electric Corporation of Japan acquired Indian company Adept Fluidyne Pvt. Ltd., as announced by Yokogawa India Limited. The deal value was not disclosed.
Yokogawa Electric signed an agreement to acquire Adept Fluidyne Pvt. Ltd., a leading Indian electromagnetic flowmeter manufacturer based in Pune, Maharashtra. The deal is expected to close by the end of March 2024 and gives Yokogawa a local manufacturing base in India.
Yokogawa Turkey won an order to supply the CENTUM VP control system and field instruments for the 400 MW Zerger gas-fired power plant in Lebap Province, Turkmenistan, for Turkmenenergo, with work to finish by September 2020. The announcement is dated March 25, 2020.
Yokogawa TechInvent AS received orders for 59 FluidCom chemical injection metering valves for Equinor's Johan Sverdrup phase 2 and Johan Castberg offshore fields. The orders were placed through chemical injection package suppliers, with both projects scheduled to start in 2022.
Yokogawa Kontrol (Malaysia) won an EPCC order from PETRONAS to supply an analyzer house with process analyzers and sampling devices, plus tank quality and pipe tracking solutions, for the RAPID project's oil storage facilities at Pengerang. Construction is due to finish by August 2018 and operations start in 2019.
Yokogawa Electric has acquired TechInvent2 AS, a Norwegian firm holding rights to FluidCom, a chemical injection metering valve for oil wells and pipelines. Yokogawa will target upstream and midstream oil and gas customers with it.
Yokogawa Electric Korea received an order to supply 15 analyser houses and 75 GC8000 gas chromatographs for the Liwa Plastics Industries Complex in Sohar, Oman, being built for Orpic; the complex is scheduled to start operation in 1Q20.
Yokogawa Kontrol (Malaysia) won an EPCC contract from PETRONAS to supply a process analyzer house and related systems for the oil storage facilities of the RAPID project in Pengerang, Malaysia, with construction due by August 2018.