Company News

Saipem has entered into a joint venture with manufacturing conglomerate Dangote Group in Africa to create a new company named Saipem Dangote E&C. Saipem Dangote E&C is a new player with high technical and financial capabilities in the Nigerian and Central/West African market.

Industrial lifting company, Mammoet, has been awarded the heavy lift and heavy haul contract for the Cameron LNG project in Hackberry, Louisiana.

Uwe Väth assumed control over Operations of the Schenck Process Group effective 1 April 2015. In this role, he is responsible for global manufacturing, supply chain and purchasing, and reports to Andreas Evertz, president and CEO.

Magnitogorsk Iron and Steel Works (MMK) has been named as a steel supplier for Ford cars produced in Russia. MMK is successfully completing the acceptance process for its steel plate with Ford Sollers Holding, Ford carmaker in Russia, and is increasing supplies of automotive sheet to the corporation. Currently, two items of ultralow-carbon steel in various drawing categories used in the production of car body parts (including the front) for the Ford Focus have been fully accepted.

Sandvik Materials Technology supplied its Sandvik Sanicro™ 28 composite tubes to a eucalyptus pulp mill in Uruguay.

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.

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.