Company News

DNV GL has kicked off a joint industry project (JIP) with Hyundai Heavy Industries (HHI), Daewoo Shipbuilding and Marine Engineering Company (DSME) and Samsung Heavy Industries (SHI) that will establish a new international standard for offshore oil and gas projects.

The Board of Directors of Greene’s Energy Group announced that CEO Robert 'Bob' Vilyus has elected to retire from the company and the Board of Directors in September 2015.

Spelsberg UK has launched a range of steel enclosures to support its comprehensive product portfolio. The company has made the addition to its range to support its customers who work in extremely harsh environments where there may be a risk of heavy impact, explosion or contact with corrosive chemicals. Chris Lloyd, Spelsberg UK Managing Director, explains: “In most scenarios, even in heavy industry, non-metallic enclosures are the preferred solution.

The Board of Directors of Petro Matad announced the appointments of Enkhmaa Davaanyam as non-executive, non-independent chairperson and Ridvan Karpuz as CEO of the company.

Steel & Tube Holdings (S&T) has entered into an agreement to acquire the business and assets of Manufacturing Suppliers Limited and its related companies (MSL). MSL is one of the largest fastenings businesses in New Zealand.

Product Specialist Bheru Shankar will take on a new role within the sales team at Sandvik’s Middle East office.

ArcelorMittal announced that Simon Wandke has been nominated as the executive vice president of ArcelorMittal and promoted to CEO of ArcelorMittal Mining, with immediate effect.

EVRAZ started developing a new grinding balls production facility at Nizhniy Tagil Steel Plant. All project engineering activities will be completed by 2016, with commissioning scheduled for Q3 2017.

OneSubsea®, a Cameron and Schlumberger company, signed an agreement establishing a worldwide non-incorporated alliance with Subsea 7 to jointly design, develop and deliver integrated subsea development solutions through the combination of subsurface expertise, subsea production systems (SPS), subsea processing systems, subsea umbilicals, risers and flowlines systems (SURF), and life-of-field services. The alliance will bring together Subsea 7’s experience and technology in seabed to surface engineering, construction and life-of-field services with OneSubsea’s unique reservoir expertise and state-of-the-art subsea production and processing systems technologies.

Xodus Group has been awarded a contract for the vibration assessment and analysis on the oil train piping and structures for Zakum Development Company (ZADCO) at Zirku Island, 140km north-west of Abu Dhabi. The work, valued at over USD 600,000, will pull in services from Xodus’ process, piping, instrumentation and structural teams.