Company News

Remi – an Indian stainless steel tubes and pipes company – received approval from India’s major thermal and nuclear power companies for its seamless, welded and welded cold drawn (WCD) Heat Exchanger HP Heater U Bent tubes for use in places where the temperatures (390°C) and pressures (~600Kg/cm2) are super critical.

The board of directors of Kennametal appointed Donald (Don) A. Nolan as the company’s president, CEO and member of the board of directors, while electing William R.

Essar Oil appointed Manish Maheshwari as CEO – Exploration & Production (CEO – E&P). With around 23 years of experience, Maheshwari was the managing director of Hindustan Oil Exploration Company (HOTEC) until recently.

Spiecapag (VINCI Construction), a global specialist in onshore pipelines and oil & gas infrastructure, has won one contract in Australia and two in Colombia for the construction of two gas pipelines and one oil pipeline.

Praj Industries, a global process solutions company, won a EUR 30M order for oil & gas process skids for Petrobras, Brazil.QGIT, the main contractor for the Petrobras project in Brazil, has awarded the order for skids to Praj.

Wood Group CFO Alan Semple announced his plans to retire and step down from his current role and from the board after the company’s annual general meeting in May 2015.

A new oxygen facility with a cryogenic air-separation unit (ASU #3) has entered the pilot production phase at Metalloinvest company, OEMK.Metalloinvest and Germany’s Linde Engineering Dresden signed a contract in 2012 to construct the facility.

TransCanada Corporation has placed into service the Tamazunchale Pipeline Extension, the most recent natural gas infrastructure project to be completed by TransCanada in Mexico."The completion of the Tamazunchale Pipeline Extension marks another milestone in our decade-long commitment to building new energy infrastructure in Mexico�, said Russ Girling, TransCanada's president and CEO.

Zamil Steel Construction Company (ZSCC), a subsidiary of Zamil Industrial Investment Co. (Zamil Industrial), was awarded a turnkey project contract valued at USD 6.7M by the Saudi Electric Supply Company (SESCO) for the Tamimi warehouse project in Dammam, Saudi Arabia.

Ceona, SURF contractor with heavy subsea construction capabilities, has been recently awarded two new contracts in Nigeria further underpinning the company’s rapidly evolving footprint and track record in the region, along with its local strategic partner Marine Platforms Limited (MPL).