Company News

SNC-Lavalin has announced the appointment of Neil Bruce as President and CEO, and a member of the Board of Directors, succeeding Robert G.

Kvaerner has signed the final contract for delivery of the drilling platform jacket to the Johan Sverdrup field.

Aquatic Engineering & Construction, an Acteon company, has appointed Martin Charles as group managing director.

Fives and Inner Mongolia Baotou Steel Union, the north-western China-based iron and steel manufacturing company, has signed a 10-year contract for technical support for the development and production of a wide range of high value-added automotive steels, including the latest advanced high-strength steels. Fives will provide high-end technological and process expertise covering from upstream to downstream production processes: steel making, hot rolling, pickling, cold rolling, annealing and galvanizing.

Aker Solutions has notified employees about a workforce reduction in its Norwegian subsea business due to a continued market slowdown. About 500 permanent positions at facilities in Fornebu, Stokke, Moss and Tranby in Norway may be affected. “Activity in the Norwegian offshore services market has declined considerably over the past year as oil companies scale back spending and postpone projects,” said Per Harald Kongelf, head of Aker Solutions’ Norwegian operations.

Superior Tube, a manufacturer of precision metal tubing for safety critical applications, has received a contract from TEMA India to supply heat exchanger tubing for a new Floating Production Storage and Offloading (FPSO) vessel. The vessel is among several commissioned by Brazilian energy giant Petrobras to develop the oil reserves in the pre-salt fields in the Santos basin off the Brazilian coast.

DuPont has named Jeanmarie F. Desmond as its vice president and controller succeeding Barry J. Niziolek who has served the company for 34 years. Desmond, who joined DuPont in 1989, held the post of general auditor and chief ethics and compliance leader.

Ovako acquired Tibnor's Finnish operations and renamed the company Ovako Metals Oy Ab and is now launching a new

Siemens has received a contract for supplying the initial ten compressor trains for a major Liquefied Natural Gas (LNG) project.

The strategic alliance will see Sparrows Group's full range of services being offered through the Zamil Group. Sparrows Group is the global leader in the provision of engineered products and services in the specialist areas of lifting and handling, cable and pipe laying, and fluid power to the energy industry. Photo courtesy of The Sparrows Group The firm already has Middle East bases in Abu Dhabi,Al Khor (Qatar) and regional headquarters in Dubai. Zamil Group Holding Company is a global investment company with diverse interests and capabilities.