Company News

The SIJ Group has united the competencies of its Development Departments in Acroni, Metal Ravne and Elektrode with the knowledge of the Institute of Metals and Technology (IMT) and the Department of Materials and Metallurgy (OMM) at the Faculty of Natural Sciences and Engineering (NTF).

Norsk Titanium AS (NTi), an aerospace-grade titanium components manufacturer, states that Chip Yates has joined the leadership team as Vice President of Marketing.

The independent engineering consulting company of RINA Group, D’Appolonia is headquartered in Italy and has recently strengthened its expertise in the marine offshore oil and gas sector by acquiring a majority stake in SeaTech Srl. SeaTech gives analysis, design services and also manages projects for offshore pipelines, subsea systems and structures, met-ocean monitoring systems and provides engineering supervision services on site.

POSCO, a multinational steel-making company headquartered in Pohang, South Korea, signed a memorandum of understanding with Geumgang, a South Korean manufacturer of stainless steel water tanks and water pipes, on co-development and structure analysis of stainless steel water tanks for large-scale water reservoirs. Photo courtesy of POSCO The existing large-scale water reservoirs are made of concrete, causing problems such as water leakage due to cracks and an unsanitary water supply environment.

CENTRAVIS, a global supplier of business solutions in the segment of seamless stainless tubes & pipes, has been certified and included on the approved manufacturers list (AML) of Alstom – a global producer of railway transport and power equipment. The French engineering company manufactures railway locomotives, various trains, trams, power equipment, and electrostatic precipitators for industrial production, and is possibly most well-known for its TGV and AGV series of high-speed trains. "While CENTRAVIS is already working with a number of companies in the energy, construction, and oil & gas spheres, our inclusion to Alstom’s purchase system is a very important step for the Company’s promotion in the European market,” says Head of Centravis Strategic Marketing Unit, Peter Gorban.

SNC-Lavalin has announced the appointment of Neil Bruce as President and CEO, and a member of the Board of Directors, succeeding Robert G.

Kvaerner has signed the final contract for delivery of the drilling platform jacket to the Johan Sverdrup field.

Aquatic Engineering & Construction, an Acteon company, has appointed Martin Charles as group managing director.

Fives and Inner Mongolia Baotou Steel Union, the north-western China-based iron and steel manufacturing company, has signed a 10-year contract for technical support for the development and production of a wide range of high value-added automotive steels, including the latest advanced high-strength steels. Fives will provide high-end technological and process expertise covering from upstream to downstream production processes: steel making, hot rolling, pickling, cold rolling, annealing and galvanizing.

Aker Solutions has notified employees about a workforce reduction in its Norwegian subsea business due to a continued market slowdown. About 500 permanent positions at facilities in Fornebu, Stokke, Moss and Tranby in Norway may be affected. “Activity in the Norwegian offshore services market has declined considerably over the past year as oil companies scale back spending and postpone projects,” said Per Harald Kongelf, head of Aker Solutions’ Norwegian operations.