Company News

ShawCor’s Bredero Shaw pipe coating division has received a second contract worth approximately USD 200M from BP Exploration (Shah Deniz) for pipeline coating for the Shah Deniz Stage 2 development project.

General Electric announced the opening of the USD 500M Brazil Technology Center that will focus on developing advanced subsea oil and gas technology.

Brazilian company Vale is a finalist for the 2014 Swedish Steel Prize for developing a highly durable mining screener for iron ore in high strength steel.The Swedish Steel Prize is awarded annually by SSAB to recognise the most innovative design utilising high-strength steel.

Wärtsilä Shipham Valves has extended its full range of duplex and super duplex stainless steel valves to cover higher pressure ratings.

The Timken Company's board of directors has elected Maria A. Crowe a director of the company for a term that expires at its May 2015 annual meeting.

Nordex has received a further contract from Lithuania for the ‘Mazeikiai’ project located in the north-west of the country, close to the town of the same name.

Harald Pihl, Swedish distributor and stockholder of nickel based alloys, titanium and refractory metals, has opened a new office in Bergen, Norway.Kjetil Aksdal joins the company to head the new office from his sales and marketing role with Titanium Industries.

BG Brasil celebrated 20 years of history in 2014. Over the last 20 years, the company has grown with Brazil and is now among the leading private oil and gas producers in the country. It has achieved record production of 100,000 barrels of oil equivalent a day, only counting BG Brasil’s share in the pre-salt exploration blocks operated by Petrobras in the Santos Basin.

Enel Green Power has been awarded the right to sign 20-year energy supply contracts in Brazil for a total of 344MW of wind and photovoltaic (PV) capacity following the ‘Leilão de Reserva’ public tender.

NLMK Group received the status of preferred category A supplier of transformer steel by the Alstom international group.