Flowserve Teams Up with Valbart to Manufacture O&G Valves
Flowserve has entered into a joint venture agreement with Valbart Srl, an Italian manufacturer of high performance valves.
Called Flowserve/Valbart Flow Control Srl, the joint venture, will allow the two companies to work to deliver an innovative, cost-saving solution to oil and gas applications -- a trunnion control ball valve. By combining Valbart's proven trunnion-mounted ball valves with the high performance noise and cavitation-reducing trim designs from Flowserve, Flowserve/Valbart Flow Control Srl trunnion control ball valves will be designed to provide the same level of performance as larger globe valves.
"Bringing together proprietary technology from both Flowserve and Valbart should allow us to deliver a cost-effective, high performance solution for oil and gas customers than was previously available," said Tom Pajonas, President, Flowserve Flow Control Division. "The joint venture will take proven control valve technology and apply it to an established design from the ball valve market, which should result in a lower total cost of ownership for customers."
The joint venture agreement was signed in the fourth quarter of 2009. Manufacturing will take place at a Valbart facility operated by the joint venture, located in Mezzago, Italy.
"Today, when a customer needs a high-rangeability control valve, they are essentially locked into a globe valve, which can be much more expensive. With this joint venture, Flowserve and Valbart have created a way to achieve the same performance in a cost-effective manner," said Roberto Bartolena, President, Valbart Srl. "We're pleased to work with Flowserve to bring this innovative solution to the marketplace."
- Falcon Oil Declares Commercial Flow Test Results for Shenandoah Well
- Macquarie Strategists Expect Brent Oil Price to Grind Higher
- Japan Failing to Meet Corporate Demand for Clean Power: Amazon
- UK Oil Regulator Publishes New Emissions Reduction Plan
- Pennsylvania County Joins List of Local Govts Suing Big Oil over Climate
- PetroChina Posts Higher Annual Profit on Higher Production
- US, SKorea Launch Task Force to Stop Illicit Refined Oil Flows into NKorea
- McDermott Settles Reficar Dispute
- Russian Navy Enters Warship-Crowded Red Sea Amid Houthi Attacks
- USA Commercial Crude Oil Inventories Increase
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- Oil Demand Outpaces Expectations, Testing Calculus on Peak Crude
- House Passes Protecting American Energy Production Act
- TotalEnergies Restarts Production in Denmark's Biggest Gas Field
- USA Oil and Gas Job Figures Jump
- Republican Lawmakers Say IEA Has Abandoned Energy Security Mission
- Blockchain Demands Attention in Oil and Gas
- Houthis Warn Saudi Arabia of Retaliation If It Backs USA Attacks
- Macquarie Sees USA Oil Production Exiting 2024 at 14MM Barrels Per Day
- Summer Pump Prices Set to Hit $4 a Gallon Just as Americans Hit the Road
- Chinese Mega Company Makes Major Oilfield Discovery
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Another Major Oilfield Discovery
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Vessel Sinks in Red Sea After Missile Strike
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension
- Equinor Makes Discovery in North Sea