Company News

Ningbo Zhehua Heavy Steel Pipe Manufacturing Co. (Ningbo Zhehua), part of Sutor Technology Group, entered into a new contract to supply approximately 3,000t of large-diameter submerged-arc straight seam welded pipes for a dredging project of Saudi Arabia National Oil Company.

Olympic Steel, a US metals service centre, announced that Sean Heenan has been named general manager of the company's operation in Winder, Georgia, effective April 2015. Heenan began his steel industry career in 1994 as management associate at United States Steel Corporation.

Mario Mehren, currently a member of the Board of Executive Directors of Wintershall responsible for Exploration & Production Russia, North Africa and South America, has been named president of BASF’s Oil & Gas division effective July 2015.

Clayton Williams Energy, an independent energy company located in Midland, Texas, announced that Mel G. Riggs has succeeded Clayton W.

Tata Power, India’s integrated power company, successfully commissioned a second unit of 63MW of its 126MW Dagachhu Hydro Power Corporation (DHPC) in Bhutan.

FMC Technologies and Technip signed an agreement to form an exclusive alliance and to launch Forsys Subsea, a 50/50 joint venture that will unite the skills and capabilities of two subsea industry leaders.

Millennium Energy Corporation has appointed Irvin E. Richter as its chairperson and CEO effective immediately. Richter will guide the company in all of its worldwide operations and implement its new direction into renewable energy and property development.

ArcelorMittal Europe – Long Products supplied more than 20,000t of rebars for the construction of seven new underground stations as part of the expansion of Warsaw underground.

Vedanta, India’s diversified natural resources company, has been declared as India’s ‘Best Diversified Exporter’ at the ECGC (Formerly Export Credit Guarantee Corporation of India) – D&B (Dun & Bradstreet) Indian Exporters’ Excellence Awards 2015. The award instituted by ECGC serves as a driving point for the exporters to pursue excellence and demonstrate exemplary performance.

JFE Steel Corporation, Marubeni-Itochu Steel Inc. (MISI) and Senaat GHC, a private joint-stock general holding company owned by the government of the Emirate of Abu Dhabi, announced that they have agreed to establish a joint-venture company in Abu Dhabi, called Al Gharbia Pipe Company, to manufacture and sell large-diameter welded steel pipes, mainly for the energy industry. Photo courtesy of JFE Steel Corporation The new company, leveraging JFE Steel’s technology for high-quality large-diameter welded steel pipes, MISI’s sales capabilities and Senaat’s industrial footprint in Abu Dhabi, will manufacture and sell high-grade large-diameter steel pipes to energy companies in Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE, the six member countries of the Gulf Cooperation Council (GCC). JFE Steel will participate in the joint venture under the Abu Dhabi-Japan Business Promotion Initiative of the Japan Cooperation Center for the Middle East.