Company News

AEG Power Solutions has been chosen by Petronash and another major EPC for two separate contracts, which will secure the power supply for gas process skids in a harsh environment.

Royal Dutch Shell plc (Shell) presented a strategic update to shareholders and investors in London. Speaking at the presentation, Shell’s CEO Ben van Beurden said: “Low oil prices are driving significant changes in our industry BG rejuvenates Shell’s upstream by adding deep water and integrated gas positions that offer attractive returns and cash flow, with growth potential.

The Lakesmere Group has been recognised by the International Federation for the Roofing Trade (IFD) for its remarkable facade work on the spectacular National Graphene Institute in Manchester.

Sembcorp Marine has launched its new state-of-the-art steel structure fabrication workshop, which is set to boost the company’s steel fabrication capacity for its future needs.

Energoatom and Areva have signed an agreement to reinforce cooperation between the two companies for safety upgrades of existing and future nuclear power plants in Ukraine, lifetime extension and performance optimization.

Alcoa has officially opened its state-of-the-art jet engine parts facility in La Porte, Indiana. The facility doubles Alcoa’s capacity in La Porte and provides new capabilities that broaden its reach in engines for large commercial aircraft.

Alexander Scheriau, president sales, has been promoted to managing director of the INTECO headquarters in Bruck a.d. Mur, Austria. Scheriau started work at INTECO as a process engineer. A few years later his technical expertise and high level communication skills led him more and more towards sales, until in 2008 he became chief of the special metallurgy sales division.

Proserv has secured a contract to provide topside control equipment at one of the largest field discoveries on the Norwegian Continental Shelf.

voestalpine Precision Strip GmbH, a company in the Metal Forming Division, has acquired the Wickeder Steel Company, based in Pleasant Prairie, Wisconsin (US).

United Performance Metals welcomes Richard Vanatsky to the company in the role of Director of Supply Chain. Mr. Vanatsky will be in charge of all facets of procuring metal, services and ancillary materials for United Performance Metals.